Banks have traditionally tried to keep their intellectual property secret, but as the digital world innovators they have started to embrace open source collaboration; a new consortium called FINOS, or the Fintech Open Source Foundation includes some of the biggest banks as well as tech companies; open source develops software that is written in an open collaborative way; by allowing code to be used inside and outside, banks will increase their chances of using different types of partners and ensuring they stay ahead of the curve. Source.
Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.