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Change the Bank: banking industry rules are changing

mjvinnovation

How to align with the future? 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. Follow along!

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Open Banking: what changes in terms of our relationship with money?

mjvinnovation

a bank that provides delightful experiences combining emotions and finance may seem strange, but we’ll prove that that’s not necessarily true. And not only that: in the meantime, Open Banking has become regulated, which has dramatically affected banks and financial institutions. Nor can banks be.

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Bitcoin and Blockchain: A Small Glimpse Into Big Digital Disruptions

Daniel Burrus

This sent the banking industry into a tailspin, desperately trying to understand this new concept of a digital currency system, and areas of the government even began to prepare a way to legislate this unfamiliar system. So in banking, the most identifiable Hard Trend in blockchain technology is people’s response to buying Bitcoin.

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What to innovate now

Jeffrey Phillips

From new medical devices to new banking products, to new consumer appliances and more, I've worked on a number of innovation projects in a wide range of industries. Companies need to be faster, more nimble, more agile to compete in the existing marketplace, and everywhere you go, you hear the resounding phase "digital transformation".

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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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4 Ways Agility Protects the Status Quo (And 5 Reasons Anticipation is Better)

Daniel Burrus

Agility is one such strategy—the often vaunted capacity to react to change as quickly as possible to address problems and changing market conditions. Does that make agility an extinct dinosaur? Why Agility Is No Longer Enough. Agility needs to be balanced with a new key strategy—becoming #Anticipatory. Not at all!

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What is API, and how to use it in your business?

mjvinnovation

Agility in the integration between systems and applications Decreased coding time for developers. As we said earlier, within this, some concepts from Open Innovation emerge, such as Open Banking – one of the best examples of implementing an open API ecosystem, led by fintechs. New revenue streams, such as monetizing APIs.

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