Open Banking: A shared opportunity

Open banking, which is based on data sharing, is poised
to be the next wave of digital transformation in the financial sector in Asia
Pacific. It is unlikely to be a short-lived trend, and has gained momentum
because of the extra push from regulators, who generally support it and in some
countries mandate it.

In this white paper, a joint venture by Microsoft, Linklaters and Accenture, in which our very own Rohini Goyal – APAC Digital Strategist at Temenos contributed to, 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. In conclusion, the white paper offers recommendations to the industry and regulators towards the successful adoption and advantages of open banking.

This white
paper includes the insights and perspectives of over a dozen interviewees
representing different parts of the open banking ecosystem, including incumbent
financial institutions, fintechs, technology companies, consultancies and
others.

With open banking, “unless you’re adding value for the end customer, it won’t stick.”

Rohini Goyal, APAC Digital Strategist at Temenos

Download the white paper today to find out more:

Find out more

Open Banking and beyond – A customer-driven data economy

Scott Farrell’s talk on data, its challenges for banks and how to give back the choice, convenience and confidence to the customer in the way they share their data.

Open Banking and the Asia Pacific Financial Services

Attack is the best form of defense, so says the age-old adage. As cliché as this sound, banks, insurers, brokerage and advisory firms – traditionally known as the financial services…

The Future of the Digital Banking Experience in Asia Pacific

Have you ever been personally asked what you want from your digital banking experience and the type of journey you want to take? Our research results help answer this question and give some guidance on the next steps to take to ensure better digital banking experiences.