Open Banking and the Future of Financial Services

The future of financial services is under pressure from profound digital disruption. Across the globe, there are forces, both regulatory and customer-led, that open up the market to new entrants and disrupt what customers are buying — and how. The advent of Open Banking is one major influence, with Open APIs paving the way for third-party developers to build applications and services independently. This whitepaper outlines the challenges facing financial services firms and how a new approach to enterprise integration — API-led connectivity — can help banks and financial services firms not only survive, but thrive in an increasingly competitive future.

Read this whitepaper to learn:

• What financial services firms should do about Open Banking, based on the experiences of the impact of PSD2 in Europe
• How an API strategy could define the future of financial services
• How a global bank successfully completed a digital transformation initiative