With investor services now part of the investment and corporate bank, J.P. Morgan wants data integrated.
Banks can compete against Big Tech – with the help of fintech, says Standard Chartered’s chief data officer.
The bank says it will have open APIs for 17 markets in Asia Pac and beyond.
John Van Verre, the bank’s head of global custody, says integrating data is as much about management as it is digital solutions.
Crypto players are the worst affected among small-business struggles to access bank accounts, but open banking might help.
Morgan McKenney, a leader in Citi’s internal innovation efforts, says blockchain can improve cross-border payments but is skeptical about its revolutionizing trade finance or correspondent banking.
The company is looking to hire as it attacks terminal providers with its API-fuelled feeds.
