Capitalizing on the Open Banking Opportunity
This whitepaper provides a practical path to adopting open banking for banks and financial services institutions. It describes the steps that successful early adopters have taken in the process of forming their open banking strategy and executing on it, while balancing the risks and unknowns in markets where regulatory direction was still being formed.
This whitepaper covers:
- Understanding Open Banking: What is it and What is the Opportunity
- Building a Business Case for Open Banking Enablement
- Governance Models
- Technology Strategies for Open Banking
- The Ecosystem Approach for Financial Services
Many of our clients understand that consumer directed finance represents a significant shift in how value will be created and distributed between FI’s and consumers. Knowing how to get started can be daunting and this whitepaper contains recommendations for a “no regrets” approach to make progress when clear guidelines are not yet defined.
The open banking opportunity:
Download the full whitepaper for:
Winning the Open Banking Race whitepaper – Feb 2024
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https://blanclabs.com/insights/winning-the-open-banking-race-consumer-driven-financeWinning the Open Banking Race whitepaper LP Web
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