To succeed in the world of Open Banking, incumbent banks running on legacy systems will need to digitally transform harnessing new technologies in the cloud, enabled by partnerships with innovative banking software providers.
Around the world, banks are pursuing a new business model that move from competition to collaboration; strategizing to co-evolve and co-exist with multiple players in the banking ecosystem. All of this, to achieve success in the world of Open Banking and BaaS.
In this white paper, you will discover:
- How Open Banking is evolving across the globe changing the industry, forever
- What are the new business models to collaborate and co-evolve in the wider financial ecosystem
- How to deliver tangible customer value for Retail and SME banking
- What embedded finance is and how it is crucial to your BaaS success
- The technology implications of Open Banking and BaaS