Dutch banks ABN Amro, ING and Rabobank are leading the effort to shift corporate reporting to credit providers from paper to data.
Fifteen years ago, we used to talk about digital as a model of the real world. Now, digital is the real world. Somehow, the message has become the medium. Kodak didn’t see Instagram coming. HMV never saw Spotify in the rear view mirror. And if, fifteen years ago, you’d told the editor of the Economist […]
The Orange Button initiative is developing XBRL based data standards for solar financing. It could be a model for data-driven decision making.
Having robust structured data as the foundation for FinTech applications will only improve the utilisation and utility of both.
FinTech, the new breed of technology that is revolutionising the banking and financial services sectors, is already starting to have a significant impact on how data is being collected, shared and utilised around the world. At Data Amplified, you’ll be able to explore how one company is making XBRL financial data affordable and easy to access for developers, […]
Why do we talk about blockchain so much? Because in this new paradigm, a standard that is powerful in its flexibility, increases efficiency and facilitates the collection and sharing of data that is higher in quality and easier is necessary.
recent report by the European Commission highlights the need to accelerate reform through the completion of the first set of Capital Markets Union initiatives in order to “ensure easier access to finance for businesses and to support investment in the real economy”.
The Bank of England’s FinTech Accelerator program engages with FinTech firms to develop new solutions, based on blockchain and other innovative technologies, for the BoE to use in its role as the UK’s central bank.
As more and more countries adopt XBRL, the potential for more collaboration, driving new innovation, becomes a reality.
Fintech is creating new opportunities for collaboration between firms offering new financial services while causing headaches for institutions wed to the old ways of doing business.
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
