Open source

Banks like RBC and JPMorgan Chase can now more easily draw real-time FactSet data feeds into applications.

Open banking could help credit unions retain and attract new members but concerns remain around data privacy.

A new unit of the nonprofit tech-development foundation is getting banks of all sizes to work together on cutting-edge software projects that could benefit the entire industry.

The merger could help make open source and cloud computing more commonplace at banks. But it may have an unintended consequence as well.

Brian Behlendorf, the executive director of Hyperledger, explains why Hyperledger and the Enterprise Ethereum Alliance have joined each other’s organizations. 

A more open approach to banking will bring major changes, with quality data on banking services and IT security now becoming a significant factor for consumers in selecting a provider.

Under the Australian government’s direction, the country is implementing an open banking plan — but it's not going as far as the U.K. and EU have.

A popular AI open-source platform with bank investors is being combined with IBM hardware and Nvidia processors in the hopes of creating high-speed, “driverless” AI.

Hyperledger, an open-source organization focused on blockchain technology, has added 16 members.

The CU blockchain vendor joins global entities like American Express, IBM and Samsung in a consortium aimed at creating distributed ledger technologies.

The data-sharing directive has gotten off to a rocky start overseas, underscoring the need for domestic banks to start educating customers about the model well before it’s adopted stateside.

How new developments on many fronts are going to affect the banking business in the coming year and beyond — and what bankers can do to prepare.

Banks' embrace of open-source development could eventually go beyond creating tools and apps — to something far more radical.

A new European Union directive guarantees that third-party providers can access bank customers’ account information. The requirement will trigger a new revolution in financial services in Europe that U.S. bankers should be tracking.

Key efforts for banks include developing AI applications, adding fintech allies and strengthening cyberdefenses.

Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do.

Even though they do not face the immediate prospect of regulation requiring an open-banking policy, American banks should act as if they do.

It’s not about saving money. The current allure of open source development is more about attracting talented developers and creating high-quality software.

The creators of Dash, a bitcoin rival whose price has increased nearly 3,400% in 2017, plan to entice thousands of white-hat hackers to inspect the project’s code for flaws.

The fintech startup OpenFin now has 40 Wall Street firms building applications for its operating system, which promises security and interoperability.