Open banking trends, challenges and opportunities

Open_banking_trends
Digital transformation affects every industry. However, it is perhaps most acute in the financial services industry where open banking blends the need to innovate new digital products and services with regulatory compliance and standards. Specifically, open banking requires financial institutions to embrace open APIs and an ecosystem approach to connecting with customers, partners, and even competitors. Customers are demanding transparency and access to their data, along with interoperability with preferred personal financial management (PFM) apps. Open banking will transform the very future of commerce.
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Spotlight

As digital transformation strategies take hold and organizations embrace a philosophy of data-driven decision-making, many functions that have traditionally communicated little with each other are coming together around a shared need for current and relevant information. In this environment, IT and tax departments have a signifi

OTHER ON-DEMAND WEBINARS

Cryptocurrency Demystified Part 3: Regulations and Risks

The current state and future of cryptocurrency regulation and the three inherent risks of cryptocurrency for community banks. The future of cryptocurrency is constantly in flux as new technologies become available, regulators adapt to keep pace with innovation in financial services, and customer payment preferences evolve.
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Writing New Accounts Procedures with New CDD

Bank Webinars

During this webinar, we will take the core document from deposit accounts documentation and set up a working document so that you can tailor your procedures into the framework we will provide. You will receive a "core document" in a word document that you can drop your individualized documents into and achieve one of the big goals at many financial institutions have "standards" on opening all types of new accounts.
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Accounting Basics/Refresher for Bankers

Complianceiq

This webinar will provide the banker with the “basics/ refresher” of accounting. The training session will demonstrate how the income statement, statement of owner’s equity, balance sheet, and statement of cash flows are developed and connect to each other.The session will also cover the “ten step” accounting cycle leading up to the creation of the financial statements including the rules of debits and credits, accrual versus cash basis accounting, adjusting entries, accounting for inventory and receivables, long-term liabilities and depreciation, proper analysis of the notes to the financial statements, types of financial statements, and the CPA opinion.
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EMBEDDED FINANCE: BEYOND BUY NOW AND PAY LATER

thefintech.info

Embedded finance is the seamless distribution and integration of financial products into existing services offered by non-financial brands during the most relevant part of the user journey. Over the last 36-months, Buy Now Pay Later (BNPL) has experienced incredible growth and showing little signs of slowing down – it’s valued at over $4billion and growing.
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Spotlight

As digital transformation strategies take hold and organizations embrace a philosophy of data-driven decision-making, many functions that have traditionally communicated little with each other are coming together around a shared need for current and relevant information. In this environment, IT and tax departments have a signifi

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