Business lines must own their third-party risk management
The message to banks is loud and clear: A vendor’s mistake is your mistake. You can outsource a function, but not the responsibility for mishaps. ... Read full article
News Topic: Vendor management
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Can vendors bridge gap between legacy tech and open banking?
Several firms are betting they will be able to help banks create platforms that allow customers to design their banking services. ... Read full article
FIS wants to help banks dominate fintech relationships
By banding together, banks can negotiate better terms with startups and other tech companies, the vendor says. ... Read full article
What D+H merger with Misys means for their bank customers
Banks that are customers of one or both vendors may look to leverage the situation to get better terms for certain products. But would small clients get enough attention from the global player the merger would create? ... Read full article
Jack Henry enlists fintech for help with PFM product
With a hand from Geezeo, Jack Henry is rolling out a product that will guide consumers in managing their finances and is said to give banks better insights. ... Read full article
D+H to be acquired, merged with Misys
The private-equity firm Vista Equity Partners will acquire D+H in a deal valued at $3.57 billion. ... Read full article
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