Tag : Customer data

Financial services organisations struggling to utilize customer data
Big Data News Risk Management

Financial services organizations struggling to utilize customer data

Fintech News Desk
by Fintech News Desk0
New research reveals a breakdown between Chief Data Officers and Legal Departments A disconnect exists between the goals of Chief Data Officers (CDOs) within financial services organizations and their legal departments when it comes to repurposing data for secondary use, according to new research released today. Based on the views......
Why Banks will Benefit from Open API
Banking Guest Posts Insights

Why Banks will Benefit from Open API

Raymond Wyand
by Raymond Wyand1
The idea of sharing customer data has made banks justifiably worried, but they can leverage open API mandates to their advantage. Financial institutions are accustomed to holding on to historical customer data. They view this as a competitive advantage, as well as a security requirement. Today, however, regulatory and market......
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