The Importance of Middle and Back Office Operations

The Importance of Middle and Back Office Operations

The open banking movement has been spreading across the world, with forecasts showing it’s gradually expanding to the United States. Open banking puts consumers in control of their financial data, allowing them to decide how they want to share their information. But...
Open Banking: Is Availability the Key to Adoption?

Open Banking: Is Availability the Key to Adoption?

When talking about IT availability, the goal is to get as close to 100% available as possible. Just as nothing in life is certain, nothing in IT is always available. Hardware and software eventually break down. Nevertheless, companies can get very close to meeting the...
Mainframes Back in Spotlight Due to COVID-19

Mainframes Back in Spotlight Due to COVID-19

Over 30 million Americans have already filed for unemployment due to the COVID-19 pandemic and legacy government systems are struggling to keep up with the staggering increase in demand. These mainframe systems rely on the programming language COBOL, and programmers...
Are U.S. Banks Ready for Open Banking?

Are U.S. Banks Ready for Open Banking?

Open banking, a concept that puts individuals in the driver’s seat when it comes to sharing their fiscal data, is impacting the financial services industry in countries across the globe. As its adoption continues to accelerate in the United States, consumers are...
FDX Reaches 100-Member Milestone

FDX Reaches 100-Member Milestone

The Financial Data Exchange (FDX), an organization that is empowering consumers with access and transparency to make informed financial decisions, has just reached its first of many membership milestones. Over 100 companies now belong to FDX, with its community...