Open banking which is based on data sharing, is an unlikely short-lived trend and is gaining momentum in Asia Pacific. In this white paper, a joint venture by Microsoft, Linklaters and Accenture, explores the various drivers behind open banking in Asia Pacific, as well as the challenges financial institutions and regulators will have to address to ensure all participants can reap the benefits.
White Papers and Reports
Read about the latest industry trends and thought leadership from Temenos
White Paper and Report
Before the Coronavirus crisis, retail, corporate and private banks were already under pressure from Big Tech firms and Payment players. They needed to transform their technologies and cultures to create engaging digital experiences. With the effects of the pandemic, the need for transformation is now even greater.
This must read research by Vanson Bourne shows that having digital onboarding options is a key factor in SME customers’ loyalty towards a bank.
The online onboarding process is the first customer experience your business prospects have with your institution, so the experience has to be positive.