Open source

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.