Open banking is an opportunity for all

The banking revolution is upon us. In a market where competition is already fierce, new initiatives and regulations such as Open Banking in the UK and the second Payments Services Directive (PSD2) in Europe are seeking to modernise the banking offering, giving innovative FinTech firms and payments specialists the opportunity to play the incumbent banks at their own game. Who will emerge as the winner remains to be seen, but the consumer has a lot to gain from their attempts to dominate the market. Corneliu Dicusar, a senior consultant and data specialist at Brickendon, looks at what open banking really is and why it matters to both the consumer and the financial institutions.

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The perils of data monetisation

The perils of data monetisation

Data monetisation is not a new phenomenon , but it is one that is becoming increasingly complex with the proliferation of data in today’s society and the new rules surrounding data privacy. With less than two weeks to go until the new EU General Data Protection Regulation (GDPR) comes into force, Brickendon Director Andrew Lawson looks at the issue in greater detail.

Out of sight out of mind – is it true GDPR only matters if you’re in the EU?

Out of sight out of mind – is it true GDPR only matters if you’re in the EU?

The new EU General Data Protection Regulation (GDPR) is due to come into force on May 25th and European companies are already preparing for its implementation. The question is whether this is enough? – Should firms from other parts of the globe be preparing too? Andrew Lawson, one of Brickendon’s US data experts, looks at what the new legislation, dubbed as having the greatest impact on data collection, storage and usage of any regulation in the last 20 years, means for US companies.

Data science – it’s a tipping time for data

Data science – it’s a tipping time for data

Data science is the future. With the proliferation of data in today’s society, extracting information is easy. The question is whether it’s the right information. That’s where data science comes in. Used correctly, data-driven science has the potential to clear up decades of incremental spaghetti and mismatched data sets and significantly improve your organisation’s bottom line.

Reimagining the banking sector

Reimagining the banking sector

While noone can predict the future, we all like to have fun trying. Brickendon Partner Nathan Snyder looks at our theme for this year of ‘reimagining the banking sector’ and assesses what buzzwords financial services firms need to take note of to ensure they stay ahead of their competition.

DevOps Myths

DevOps Myths

DevOps is all about embarking on a journey of transformative and strategic foundational change that ensures a fast, predictable and uninterrupted flow of work delivers value to the customer. Brickendon’s experts seek to dispel some of the more common myths about DevOps.

Successful DevOps implementation requires mindset change

Successful DevOps implementation requires mindset change

Successfully switching to a DevOps way of working is not just about business change, but also about a change in mindset. To reap the full benefits of Brickendon’s DevOps approach the whole business needs to embrace the concept.

Brexit next steps – where to now?

Brexit next steps – where to now?

With exactly a year to go until the UK officially leaves the EU, Brickendon looks at what banks should be doing to ensure their contingency planning is focusing on the right areas to help them stay ahead of the competition in the post-Brexit world. In an uncertain world, preparation is key.

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