One of the hottest topics in banking – for financial institutions as well as third-party providers – is data sharing. Banks and credit unions possess terabytes of such information; many organizations that are not financial institutions covet access to this data to increase the value they bring to consumers. This value could manifest in many ways, from a simpler customer experience to providing personalized offerings that anticipate the user’s need.
Topics: Open Banking, Date Sharing
Vendor Contract Management in a Recession – How Will Fintechs Fare?
Will the United States see a recession in 2020? While the economist and political pundits disagree about the when and why, the overwhelming majority of them agree that our current period of expansion cannot last forever. The last time a significant number of the “experts” believed that the “good days” would last indefinitely, the world experienced an economic meltdown unmatched since The Great Depression.
Topics: Fintech, Vendor Contract Management