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The UK Government has passed the Data (Use and Access) Bill through the House of Parliament, paving the way for expansion of open banking and smart data sharing across multiple business sectors.
AI-driven automation offers businesses a powerful solution to streamline operations, boost efficiency and reduce manual effort.
As banks standardize their data in anticipation of the rise of open banking, they're turning to common formatting standards, including from the FDX.
The concept of open banking, or financial data sharing between banks and fintechs, comes with a number of security concerns. What if an application programming interface — a tunnel through which data ...
“One major hurdle lies in seamlessly integrating data from legacy systems into the new architecture, ensuring a smooth transition without disruptions to daily operations.” - VP, Data Strategy ...
Ep. 3 ROI: 4 Outcomes of Implementing Data Mesh Architecture for Banks As banks navigate more mergers and acquisitions, data-management challenges, including streamlining data across disparate systems ...
Understanding the differences between data mesh, data fabric, and data virtualization can help organizations turn scattered data into a strategic advantage.