News Topic: customer data

Profit and loss accounting is the least customer-centric process in the entire banking system. Overhauling it would improve banks’ culture and approach to digital banking. ... Read full article

Experian and Finicity have released a product that aims to speed up decisions on mortgage applications, using financial data aggregation technology. ... Read full article

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article

Firms including Betterment, Coinbase and TransferWise have told customers that despite a bug affecting the content delivery network Cloudflare, their data is safe. ... Read full article

The debate about which side is right about the appropriate method of opening up financial data access is a distraction from the real issue at stake: the pace of innovation. ... Read full article

Screen scraping has plenty of critics, but the alternatives, OAuth and APIs, have their share of detractors, too. ... Read full article

Do shoppers suffer too much in bankruptcy, or should they be expected to share the pain? ... Read full article

CIO Magazine recently published an interesting article about the sometimes loose treatment of business and customer data in liquidations. It talks about improper disposition of sensitive customer data and the habit of trustees and liquidators of auctioning ... Read full article