Our new report features industry views on how Open Banking is reshaping the financial services market.
Fiercely competitive, fast-paced, technically sophisticated and continually evolving: since its launch in January 2018, Open Banking has all the ingredients to light a touchpaper under the already disrupted banking industry.
But how have banks, building societies, fintechs, payment service companies and other market players responded? What are the real threats and opportunities?
In a survey of 130 insiders from a range of financial services organisations, we discover the issues at play in an industry racing to respond to the challenge. Their responses inform this new report, Opportunity Knocks, revealing:
- What businesses are investing in, and who they are collaborating with.
- Why global tech giants might be eyeing up the industry as ripe for entry.
- What Open Banking strategies look like - and why strategy-setting in such a radical environment is challenging.
Packed with industry insight and deep dives into the statistics, this is essential reading for decision-makers in the financial services industry.