CTO / CDO at Jack Henry & Associates (NASDAQ:JKHY), a leading SaaS provider of technology solutions for the financial services industry.
The S&P 500 company serves approximately 8,500 clients nationwide. It provides human-centered, tech-forward, and insight-driven solutions that empower community and regional financial institutions to compete with megabanks and bigtech. Additional information is available at www.jackhenry.com.
How is fintech like driving a nice sports car on a bumpy dirt road? Ben Metz, chief digital and technology officer at Jack Henry, shares his lessons learned from 20 years of experience developing software for the financial industry. If you're a developer, engineer, technology leader, or founder, this talk is for you. Follow Ben Metz on LinkedIn https://www.linkedin.com/in/ben-metz-5924b4/ About fintech_devcon fintech_devcon is the premier conference for fintech developers and builders designed to unlock knowledge and bring about the next decade of financial innovation. Presented by Moov, this conference covers a wide range of topics and sectors including banking, payments, investing, compliance, and more. Follow this channel and join us each year to get hands-on tools, best practices, and industry secrets used by developers in fintech today. Visit the fintech_devcon website https://fintechdevcon.io/ Follow fintech_devcon on Twitter https://twitter.com/fintechdevcon Join Moov's Slack community https://moov.io/community/ About Moov Moov makes it easy to accept,...
ABA Podcast discusses Empowering Community Banks with Open Finance.
This is the future of banking; a transition away from screen scraping in favor of full financial access through one’s primary financial institution. It’s how community banks and credit unions will compete.
As an industry, we need to raise the bar on delivering money experiences that keep consumer data safe. By moving to API connections, financial institutions can better detect and mitigate fraud while delivering a more seamless experience to consumers.
"Screen scraping is an outdated, broken process. Sharing passwords is both problematic and prevalent, and this is why the CFPB is scrutinizing screen scraping and proposing new open banking rules later this year. Changing consumer behaviors and expectations is best done at scale. Requiring the use of API-driven, consumer-permissioned data access across our platform will make it easier to recognize and neutralize malicious activity and enable banks and credit unions to minimize fraud and improve their accountholders' financial health and security. It's the right thing to do."
Jack Henry continues to create, grow and scale an ecosystem of over 250 fintechs that enables innovation, collaboration, and optionality where the integration is often at zero cost and zero lift for financial institutions.