There’s been a long-standing battle between banks (or other financial institutions) and third parties over the sharing of customer data. This scenario is playing out again exactly as you’d expect.
Read MoreCustomers of PNC, the Pittsburgh bank, are getting front-row seats on a fight breaking out in the rivalry between the banking and financial-technology industries.
The Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
