Adam Tanton

resource The development of open banking has opened up new opportunities for financial institutions. It has made it possible not only to exchange data efficiently, but also to significantly accelerate digital processes and create highly personalized services. Open banking is a system for exchanging financial data between banks and financial institutions. Data is exchanged via specialized interfaces (APIs).

Most people associate blockchain with cryptocurrency. They think about Bitcoin prices, trading platforms, or setting up a crypto wallet for the first time. Businesses, however, are approaching the technology from a completely different angle. Across industries, companies are exploring how blockchain infrastructure can reduce payment delays, simplify reconciliation, and create more reliable financial records.

An unused software seat, an unmanaged laptop, and an expired support contract can siees spend. Security sees exposure. Procurement sees a renewal. The service desk sees a device record. The business feels the combined effect only when an audit, incident, or budget review forces the pieces together. That separation has become expensive. Flexera’s 2025 State of ITAM findings reported that complete visibility across the technology estate fell to 43%, down from 47% a year earlier.