FINOS News

FINOS News

FINOS In The News: When will banks stop worrying and learn to love Open Source?

August 05, 2020

A recent article by Liz Lumley of Fintech Talents discusses The Cathedral and The Bazaar, Banks, Open Source, and discusses FINOS' involvement in a roundtable Fintech Talents brought together.

FINOS-in-the-news-fintechtalents-aug20

Here is an excerpt from that article:

Industry-led consortiums, such as FINOS – the FinTech Open Source Foundation, had a shout out during the roundtable as an organisation that offered confidence to banks when examining and engaging in Open Source development. While many banks still feel protective of their own proprietary development, seeing their peers engaged in a global consortium gives the development method legitimacy – which in turns makes banks feel more secure.” 

The full article can be found here