Advantages of open finance in SMEs and development: case studies
Various case studies are used to show how open finance enables the financial inclusion of SMEs and the economic growth of developing regions.
Various case studies are used to show how open finance enables the financial inclusion of SMEs and the economic growth of developing regions.
fin:CODE, with the slogan "Defining the DEV in the financial industry," was held in March in Frankfurt. This is the only event in Europe primarily focused on addressing the challenges that banks, asset management companies and insurance companies are experiencing as they adopt and scale DevOps in their businesses.
Over 30 high-level experts have collaborated in an open source trends study for 2017, where they highlight both the potential of open tools in the corporate world and the far-reaching cultural and business shift they imply.
Alberto Morgante, Cloud Computing Innovation Engineer at BBVA, talks about the current boom in open source. One of the key benefits of these tools, he says, is their capacity to streamline processes.
BBVA's Fintech University in San Francisco addressed regulation and compliance in one of its panels with important experts.
Over 200 attendees and more than 25 speakers enjoyed the one-day conference in San Francisco, a region with a thriving ecosystem of fintech startups.
The manner of ordering the information, contents, examples and even the language used in the explanations is of importance when it comes to facilitating work for developers. A well-structured documentation makes the process of learning about the new environment easier for them.
Data management, transactions with financial products, fraud control, scalability of services and platforms or increased satisfaction and retention of financial staff are some of the tasks performed by software in a bank.
Many banks already use private cloud computing and private Platform as a Service (PaaS) models for part of their financial services and products. They can choose between proprietary solutions like Apprenda, or open-source solutions like OpenStack.
The impact of APIs on the transformation of banking was one of the protagonists of the event Revolution Banking. The development of this technology and the use of data is opening new business opportunities in the digital age. And challenges. "We must know what developers, startups and API users need from us," says Jose Manuel de la Chica, BBVA New Digital Business.