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2 docs tagged with "Business (Role)"

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Line Of Business

The Line of Business (LOB) within a bank refers to a distinct unit or department that focuses on specific products, services, or customer segments, contributing to the overall revenue generation and growth of the institution.


Building an Open Source Culture

Historically, employees in banks have faced challenges contributing to open source due to factors such as stringent regulatory environments, the sensitive nature of financial data, concerns over intellectual property rights, lack of internal policies or guidelines related to open source contributions, and a traditional banking culture that may not fully embrace the open, collaborative ethos of open source development.