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FinTech, Big Tech, and Payment Service Providers have breached the fortress walls

FinTech, Big Tech, and Payment Service Providers have breached the fortress walls

by Brian Pillmore | Oct 4, 2023 | Brian's Blog

FinTech, Big Tech, and Payment Service Providers have breached the fortress walls. The traditional banking sector is under siege. A new paradigm has emerged – BIAS, or Bank Intelligence and Action System. These non-bank entities aren’t just knocking on the...
Say goodbye to the days when bank deposits ruled the roost.

Say goodbye to the days when bank deposits ruled the roost.

by Brian Pillmore | Sep 1, 2023 | Brian's Blog

Do you see how deposits are the be-all and end-all for banks, running the show like clockwork, pumping cash into their veins? Well, times have changed. With all those FinTech novelties and digital dough, deposits are starting to look like yesterday’s news. Many...
Decoding the complex world of finance, I was a coder turned accountant!

Decoding the complex world of finance, I was a coder turned accountant!

by Brian Pillmore | Jul 28, 2023 | Brian's Blog

Who knew these two contrasting fields could intertwine so seamlessly? Mastering technology isn’t about writing intricate code. It’s understanding what’s possible and how to leverage it. What was my day like? Mapping new features with my team, thanks to my tech...
Ever marveled at the speed of innovation in banking today? It’s like nothing we’ve seen before.

Ever marveled at the speed of innovation in banking today? It’s like nothing we’ve seen before.

by Brian Pillmore | Jul 18, 2023 | Brian's Blog

Fintech or traditional banks – they’re all in the race. The prize?Superior customer service. The payments industry is especially fascinating. Fraud prevention? ✅Cross-border payments? ✅Fund verification? ✅ Innovators are breaking barriers. Core banking too...
The Financial Industry’s Emerging Embrace of Open Source Banking

The Financial Industry’s Emerging Embrace of Open Source Banking

by Ken Chase | Apr 19, 2023 | Banks, Brian's Banking Blog, News

Despite their history of resistance to adopting open source software, banks are now increasingly embracing open source technology as they seek to counter the emerging challenge posed by fintech. Though many banks are still slow to adopt these innovations, most experts...
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