You've requested...

Banking - Analytics Drive Banking Innovations, Better Customer Service

If a new window did not open, click here to view this asset.

Download this next:

Why banks shouldn’t fear open banking

Many of the discussions around open banking use cases have centered on the benefits individual consumers stand to gain, including:

  • Greater data portability and privacy
  • Easier account management and more personal finance options
  • Debt reduction
  • And more

But despite this, many traditional banking institutions view the open banking wave as a threat to their business models.

This article explores how open banking can provide a goldmine of actionable intelligence that, if leveraged, can yield rich cross-selling opportunities and beyond. Read on to learn more.

These are also closely related to: "Banking - Analytics Drive Banking Innovations, Better Customer Service"

  • Banking in 2035: Global Banking Survey Report

    Digital banking has been no stranger to volatility in recent years. After weathering the most immediate effects of the pandemic, some would say that the banking sector has proven remarkably resilient to today's top risks.

    But what about the risks of tomorrow?

    Deeper structural challenges facing the financial sector — including digitalisation, fintech disruptors, and cyberattack risks — are gathering force, indicating that managing modern risks will not always guarantee long-term resilience.

  • The only open banking podcast

    In the open banking community, there are a few key voices that organizations should be paying attention to. Mr. Open Banking is one such podcast that educates listeners on the world of finance, and how to improve financial well-being.

    Here, you have full access to Mr. Open Banking’s episode library that can be listened to at your convenience. For those organizations building open banking, then stop here for perspectives from industry leaders, key influencers, and key tips.

Find more content like what you just read:

  • Banking automation: Are you doing enough?

    Banking is changing, and you’ve got to do more with the same resources. Automation can help you survive and thrive in this changing landscape. So, how can you take full advantage? Read on to learn about 3 key benefits of modern automation that you can unlock for your organization.


  • AI & banking: How AI-fueled data analysis is changing banks’ future

    The banking industry is built off data, and as the amount of data continues to grow exponentially, it is vital that banks have the tools to get the most out their data. AI integrated into banking could solve many of the problems caused by growing data supplies. Download the full e-book to learn more about how banks are using AI to achieve success.


  • Nordic banking in the digital age

    Read in this e-guide how Nordic banks are working together to make cross border payments in the region seamless. Also find out how Nordic banks are offering customers the opportunity to make payments via wearable devices and how the region's successful mobile payments platform, MobilePay, is futureproofing its business.


  • Open banking: What benefits can it create?

    This report from Altitude Consulting explores opportunities for banks to leverage open banking through enhancements of their capabilities, partnerships with fintechs, and the creation of new financial services. Learn about the opportunities that open banking can unlock in North America and the benefits it can create for all industry participants.


  • Witness the evolution of open banking

    Open banking API providers in the financial sector have initiatives to improve the customer banking experience, but the path is different for each organization. With more banks adding this to their own offerings, the industry has seen a substantial increase. Now with added regulations, open banking is set to grow even more. Read on to learn more.


  • AI and automation in the banking industry

    Nearly 40% of the CEOs in the world today think that their companies will no longer be viable in 10 years if they don’t radically change course now. And digitizing their future is the number one thing on their minds. Read this resource


  • Extracting actionable data from banking malware

    This article in our Royal Holloway Security Series demonstrates how actionable data can be extracted from banking malware and how it can be used to defend against highly damaging cyber attacks from organised criminal gangs.


  • Optimizing enterprise bank connectivity with TIS

    Numerous connection types and channels comprise the financial technology landscape, making management a complex undertaking for treasury groups. TIS is here to help. How? By optimizing enterprise bank connectivity and financial messaging. Learn more in this white paper.


  • Open banking regulation is here: What you need to know

    Both the U.S. and Canada have recently made moves toward implementing new open banking regulation across their respective countries.Access this article to learn more about:Understanding the CFPB rulemaking process Canada’s next steps on open bankingHow you can turn open banking regulation into an opportunity


  • The Facts About Screen Scraping in Banking Services

    Screen scraping is not new, but when it comes to banking, it can be a serious threat. While most of it is customers providing their financial data to other third parties, that behavior comes with its own risks like security and performance, not to mention the headaches for IT. Read on to learn more about the facts of screen scraping in banking.


  • Laying The Groundwork for Innovation at ANZ Bank

    Learn in this case study how ANZ is changing the way 50,000 employees work and think by embracing iterative processes and giving decision-making power to individuals at all levels of the org chart.


  • CW Nordics - November 2020-January 2021: Bank branch closures continue as digital banking grows

    Sweden's Handelsbanken is cutting its branch network by nearly half, which means more money will be invested in IT. But it's not just Sweden and the Nordics – banks across the world are watching the fintech industry demonstrate to consumers what banking can be like if the right technology is in place.


  • Compendium of AI use cases for banking, healthcare, & more

    Share with us your current AI goals in our brief survey, and our e-guide A Compendium of AI Use Cases will be yours. From digital twins and SCM to manufacturing, financial services, & healthcare—we've compiled all the most relevant use cases for your convenience, so claim your copy before they are gone!


  • Inside Bendigo and Adelaide Bank's cloud journey

    With a strong DevOps culture, Australian bank has been moving its most important applications to the cloud in a journey that has already reaped returns. Download the full article to learn more about Bendigo and Adelaide Bank's cloud journey.


  • What's next for banks on their Credit Risk Transformation quests?

    To shed light on the state of CRTs and all of the associated challenges that banks are facing, access this analyst report for insights from 300 top credit risk executives.


  • How to tap into the full power of open banking APIs

    Open Banking APIs are transforming the way financial services are delivered. This article explores the benefits of Open Banking APIs, including increased customer engagement, improved customer experience, and enhanced security. Learn how Open Banking APIs can help you unlock the full potential of your financial services.


  • Nordic banks increase collaboration with fintech startups

    The Nordic region, known for its startup companies, is a good platform for fintech companies to set up as consumers are conducive to digital banking services. In this issue, discover how major companies in the financial industry are partnering with startups and launching fintech initiatives and much more.


  • How to bring open banking and API management together

    One industry that has been overhauled by the growth of technology is the banking and financial sector. No one balances checkbooks or uses deposit slips anymore. Today, customers demand a digital experience that allows them to make transactions easily, and from anywhere. This has led to the rise of open banking. Read on to learn more about it.


  • Cyber bank heists: Threats to the financial sector

    Over the past year, cybercriminals have developed new methods of attack. This report looks at the current state of threats in the financial sector, paying specific attention to the ways cybercriminal cartels are shifting their behaviors, as well as how financial security leaders are adjusting their strategies in response. Read on to learn more.


  • Bringing Open Banking to North America in 2023

    With the Consumer Financial Protection Bureau recently announcing that new open banking rules are on the way, financial services organizations need to prepare for major changes in order to create a more dynamic and competitive market for consumers. Read on to learn what they are and what to expect in the months to come.


  • The Difference Between BaaS, Embedded Finance & Open Banking

    In the digital era, several technologies in the financial sector appear similar but are not quite related. With an impending regulation coming in 2024, financial institutions must be aware of the new requirements on handling data within BaaS, embedded finance, and open banking. Read on to learn about each, and why API standards are the difference.


  • Banking industry transformation: 7 trends to know

    The banking industry has seen significant transformations in the last couple of years and these changes don’t seem to be slowing down. So, how can organizations best take on the challenges of digital transformation and modernize to advance? Browse this white paper to learn more.


  • Understanding bank APIs: Challenges, benefits & best practices

    With it being reported that 73% of U.S. practitioners expected to leverage bank APIs in some capacity for either payments or transaction reporting during the next year, it has become crucial to not just understand these APIs, but the market they exist in. Browse this guide to learn more.


  • Insight: Bringing Open Banking to North America in 2023

    With the recent announcement coming from the Consumer Financial Protection Bureau that there is a forthcoming US open banking rule, major changes will be coming to the financial services industry. The goal of this is to create a more dynamic and competitive market for consumers, but it will require major changes. Read on to see why.


  • A Roadmap to Resilience: How Banks Can Preempt the Next Wave of Disruption

    With the current tech landscape rife with cyber crime and disruptions around every corner, operational resiliency is a high priorty for the banking industry. Read on to discover how leading financial institutions are using digital tools and solutions to achieve cross-functional coordination of risk management, and protect their customers.


  • Achieving asset certainty in today's volatile banking environment

    The modern banking landscape is volatile, with fluctuating global economies, increased regulatory pressure, and rapid digitization all contributing heavily. Access this white paper now to see how digital asset certainty can help you ensure integrity, enforceability, and authenticity across loans, providing stability in a period of uncertainty.


  • Open Banking. The Art Of The Possible In 10 Use Cases.

    This checklist details 10 open banking use cases that can help financial services grow their capabilities, deliver superior customer experiences, and help them compete with Fintechs that have already adopted this model. Access it here.


  • The currency of trust: why banks and insurers must make customer data safer and more secure

    Banks and insurers enjoy a significantly higher level of trust from consumers in the cyber security of their systems than any other sector, but the financial services industry is less confident in its ability to detect security breaches, this report from Capgemini reveals.


  • Computer Weekly – 5 March 2019: Modernising IT at the Bank of England

    In this week's Computer Weekly, we talk to the Bank of England as it starts the modernisation programme for its core system. We look at the rise of DevSecOps and how it can help deal with increasingly complex security threats. And we examine the different approaches to storage for structured and unstructured data. Read the issue now.


  • Innovation Awards APAC 2023 - Financial Services: DBS Bank

    In this e-guide, read more about DBS Technology Marketplace and how it delivers anything-as-a-service (XaaS) capabilities that enable the bank's applications teams to adapt cloud-native applications quickly and efficiently.


  • Computer Weekly – 19 July 2016: Building big ideas in banking

    In this issue we visit JP Morgan's European software development centre in Glasgow to see how the investment bank is working with local universities and collaborating in the open source community. Software chief, Stephen Flaherty, talks about how JP Morgan uses open source software and has now begun contributing to open source projects.


  • CW Europe December 2019: Deutsche Bank creates innovation division

    German investment banking giant Deutsche Bank is opening a division focused on innovation as part of its plan to digitise all business operations. Read more details in this edition of CW Europe.


  • CW Innovation Awards: DBS Bank Project of the Year Interview [Video]

    In this interview, Soumya Ghoshal, managing director, middle office technology, technology and operations, explains DBS Bank's credit architecture program, how it has freed up more time for relationship managers through automation, and the bank's general approach to innovation.


  • CW Middle East - Oct-Dec 2019: Saudi banks trial biometrics in ATMs

    Biometric and blockchain technologies are being used in tandem to provide ID verification at Saudi Arabian cash machines.


  • CW Benelux November 2019-January 2020: Dutch banks fight money laundering

    Dutch banks have decided to work together in the fight against money laundering. Globally, only about 3% of money laundering activity is detected and stopped.


  • CW Europe - September-November 2020: IT expertise in banks' boardrooms reduces risk, says European regulator

    The European Central Bank has found that banks with the most IT expertise in the boardroom have better control in several IT risk categories, including fewer successful cyber attacks and less downtime of critical IT systems.