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The financial industry is currently experiencing two major changes: digital transformation and regulatory advancements. At the core of this shift lies the concept of open finance which expands the principles of open banking to create a more integrated and accessible financial environment. As financial institutions navigate through these changes, the interaction between open finance and digital transaction plays a critical

Taking the frameworks of open banking, open finance seeks to harness the power of data sharing and collaboration between institutions to transcend the world of banking. With the arrival of PSD3, true financial openness has never been closer. When fully liberated, open finance has the power to optimize a greater range of financial products and can deliver significant improvements to

When James Owen was 70, he realized it was time to take his health seriously. Soon, he was in the best shape of his life — stronger and healthier than he was in high school. Today, his Just Move! approach to fitness has made him a household name among older generations who value their health and strength. Wealth management firms,

In the last part of our interview with the ChatGPT robot, we asked questions about investment strategies. This time we asked for some advice and recommendations as well. Other parts of the series are questions related to wealth management and general finances/investments. PetakSys: What are the common investment strategies? ChatGPT: There are many different investment strategies that investors can use

The ChatGPT is a virtual assistant trained to assist with a wide range of tasks and answer questions on a variety of topics. Let’s see if it can answer questions related to wealth management. The answers are published without any change or correction. The other parts of the series that could be found are questions about finance/investment and investment strategies.

We asked the ChatGPT bot, developed by OpenAI, some questions about finance and investing. This is part 1 of the “interview”. The answers are published without any change or correction. The other parts of the series that could be found are questions about wealth management and investment strategies. PetakSys: Tell me a little about yourself. ChatGPT: I am a virtual