FiDA at a Crossroads

With FiDA (Financial Data Access), the EU is facing a pivotal step: moving from Open Banking to Open Finance. The new framework is intended to give consumers and businesses greater control over their financial data while simultaneously driving innovation in the financial sector. However, there are also challenges: data protection, fair competition, and the handling […]

AI Myths vs. Reality: The Truth Behind the Hype

In the fast-evolving world of artificial intelligence, confusion often reigns. While AI promises transformative potential, understanding its true value – especially in the context of financial services – requires separating fact from fiction. Here, we debunk the most pervasive myths, offering clarity and actionable insights for financial institutions. Myth #1: AI Is a One-Size-Fits-All Solution […]