In Canada, ecosystem participants are readying for the implementation of Open Banking. But as they do so, they will need to put customer trust at the heart of any internal and external transformation.
Pradeep Raman, Finova’s director of digital, writes about the rapid growth in Open Banking usage by UK borrowers and the ways in which it can help lenders meet their new Consumer Duty obligations.
BankiFi’s chief executive officer Mark Hartley writes about the financial products and services that, increasingly, appeal to SME owners and may incentivise them to switch to neobanking experiences.
The SVP of financial services and Open Banking, North America at Axway explains how the industry in Canada can work together to ensure the best outcomes possible for consumers and SMBs.
The Lending Standards Board’s Elizabeth Thompson gives practical guidance to banks and lenders on supporting vulnerable customers.
Barry Rodrigues, EVP payments at Finastra, writes about the many challenges associated with creating a digital currency in Europe and how banks can overcome the threats from CBDCs.
Aro’s Emma Steeley on transitioning the company to a product-led approach and creating a more inclusive culture in the process.
To win in an Open Banking landscape, banks need to proactively define their role in the financial ecosystem to create new value for customers, according to Wipro’s Anmol Grover.
With the implementation of Open Banking in Canada underway, it is an opportune time to reflect on the requirements for ecosystem participants to meet regulatory, technical, security and operational needs. How do we ensure that the industry continues to spur innovation and drive new product and service offerings?
Plaid’s head of Europe, Ripsy Bandourian, explains how Open Banking can alleviate the headache global businesses face to localise identity verification.
