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Change the Bank: banking industry rules are changing

mjvinnovation

We have already mentioned the importance of the cycle of Run the Bank to Change of Bank and how urgent it is to monitor these transitions to remain competitive. Open Banking is a game-changer that alters the entire configuration of the banking sector. As with most disruption, those who do not adapt will die.

Change 52
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Seven impacts Open Innovation can have on your bank!

mjvinnovation

It is no coincidence that the financial market, banks specifically, are among the most innovative. The disruptive initiatives that have emerged with external partnerships have kept this sector at the peak of global Innovation. . Keep reading to understand this movement and see what the main benefits of Open Banking are!

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Open Banking: what it is, how it works and why invest ASAP

mjvinnovation

In this movement, the term Open Banking becomes a promising reality. In this article, we will demystify and simplify the open APIs concept for banks. Keep reading to see what benefits are for banking institutions, their customers and more! The banks’ challenges with Digital Transformation. What is Open Banking.

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Valuing digitization alongside innovation

Paul Hobcraft

We all see around us increasing disruption caused by digitalization. To overcome this we are reaching out and working more on platforms of collaborators and building up ecosystems of like-minded solution providers to jointly come to market with products that have technology designed into them. These all rely on connected technology.

Data 208
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Open Insurance: what it is and how it works

mjvinnovation

The emerging term in the insurance industry, Open Insurance basically refers to providing services and data to partners, communities and startups, in order to create new services, applications and innovative/disruptive business models. APIs are considered the key to the process of Digital Transformation in banks, for example.

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5 Digital Transformation Use Cases in the Automotive Industry

Acuvate

The automotive industry is on the brink of significant technological disruption. and the next-gen of mobility is the rapid emergence of artificial intelligence, intelligent automation, predictive analytics, and Big Data – delivering real-time insights to enable powerful innovation and transform the way automotive companies operate.

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Innovation SOP: Using Hackathons to Advance Digital Transformation

Qmarkets

In some quarters a hackathon is still considered simply a glorified brainstorming session, more and more high tech and industrial companies, from insurance to banking , find it effective, particularly when it comes to digital transformation. 5) The Big Boss: Have the “big guns” stick around, for as much as possible.