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Schrodinger’s Open Banking

CIO Business Intelligence

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 89
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Schrodinger’s Open Banking

CIO Business Intelligence

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

Banking 89
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Mastercard will allow banks on its payments network to provide cryptocurrency services

The Verge

Mastercard will let banks on its payments network integrate cryptocurrencies into their products | Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images. billion active Mastercards and more than 22,000 banks and financial institutions on its network. The news was first reported by CNBC.

Banking 73
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How CIOs Can Build Human Networks

The Accidental Successful CIO

In this new era of social distancing, how can CIOs build the human networks that they need? All too often we can believe that in order to be successful networkers we have to get in contact with a lot of people. Make Sure You Network In A Way That Works For You. Quality Of Contacts Takes Priority Over Quantity.

Network 230
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BNY Mellon banks on AI to improve master data

CIO Business Intelligence

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines.

Banking 122
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Silicon Valley Bank was a climate tech booster making big promises 

GeekWire

Silicon Valley Bank’s website promoted its commitment to climate tech. SVB.com screenshot) Before its collapse last week, Silicon Valley Bank was a champion of the growing climate tech sector. The California-based bank offered them assistance in project finance, regulatory hurdles and sector networking challenges.

Banking 80
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Acceptance Networks for Self-Sovereign Identity

Phil Windley

When I hand a merchant in London a piece of plastic that I got from a bank in Utah to make a purchase, a tiny miracle happens. In the past, these kinds of transactions required that the merchant trust me or my bank. Visa, Mastercard, American Express, and Discover are all examples of acceptance networks.

Network 89