The U.S. government and banks face similar challenges in implementing a biometrics identity system. Both should study what other countries are already doing.
The Trump travel ban calls for a new biometrics system to track all travelers to the U.S. It could follow the examples set by Canada, India and Estonia.
Dorothy Savarese and Rebeca Romero Rainey now chair two important trade groups … Mary Lynn Lenz, Patti Husic and Terry Jorde weigh in; Barclays CEO Jes Staley talks hiring diverse leaders and how to keep them; and more.
The president's executive order reflects a lack of trust in the identity information shared between countries. In theory, blockchains are tailor-made to solve this problem, but current systems may not be up to the task.
From frictionless payments to improved underwriting models, connected cars will rewrite the rules for how and where banks interact with their customers.
The deal points a way forward, not only to resolve the debate over screen scraping and ownership of customer data but to redefine banks' value proposition.
Customers of JPMorgan Chase will no longer have to surrender their bank credentials in order to use Intuit products like Mint, TurboTax or QuickBooks. o
