This week is all about the impact of Open APIs on Finance, what we call the Programmable Bank. This is part of a series where we look at the impact of different disruptive technologies on Finance. In the past we have covered Blockchain, Artificial Intelligence, Regtech, Chatbots, XBRL and Wearables. API standsRead More
Post Tagged with: "Programmable Bank"
Two big themes on Daily Fintech are: First the Rest, then the West (the idea that innovation in the 20th century flowed from the West (America and Europe) to the Rest (Of the World, aka ROW, emerging, developing, frontier, high growth) and in the 21st century that flow of innovationRead More
A major theme that we track on Daily Fintech is the “programmable bank”, how innovation is enabled by APIs that abstract complex layers of utility services so that innovators can focus on “rebundling” (creating new UX based on integrating unbundled best of breed services). We are also big believers inRead More
You know all those cool infographics of the Unbundling of a Bank with lots of startup logos? The Great Fintech Unbundling also looks like this: Rebundling usually follows Unbundling in the tech business and looks like this: Some people care about music technology. I had pals at University who would obsessRead More
Banks need to stop thinking of Emergent Fintech as a threat and look at Emergent Fintech as the biggest productivity tool ever given to their IT team. Emergent Fintech Startups win big by doing one thing well and generating network effects. The mantra is focus, focus, focus. What used to beRead More
Three eons ago (an eon in tech translates as a decade in human time) there was a disruption in the market for market data caused by the transition from analog to digital data feeds. I had the pleasure of helping to build a venture that rode that wave of disruptionRead More
This Landscape Report could also be called Bank APIs. I like the name Programmable Bank because it resonates with Programmable Web. It implies a Mashup approach to system development. This is fundamentally different to the huge, multi year core banking enterprise system development of the past. This is a bigRead More