March 10, 2021The Fintech Times published an article about how OIN protects innovation specifically for the Banking and Financial Services industry. Keith Bergelt, OIN’s CEO, discusses potential patent issues in fintech, as well as ways to mitigate that risk. Traditionally, financial institutions — especially big banks — have protected their technologies and have had in-house development teams build custom software from scratch. But increasing regulatory pressures, demanding customer expectations, evolving technologies and an agile economy are causing banks and financial firms to look for new ways to compete — and innovate — in an aggressive, global, 24/7/365 marketplace. Fintech has no choice now, but to look to Open Source solutions.

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