Open Banking and Banking as a Service: Opening Opportunities
To stay adaptable and competitive, more and more financial institutions are connecting with innovative technology providers through open banking. An open infrastructure enables institutions to easily consolidate data, integrate services and add new products. But the landscape is quickly changing as platform banking, Banking as a Service (BaaS) and embedded finance usher in a new era of financial services.
This white paper explores how open banking is transforming the banking sector, unlocking a growing BaaS market and creating new opportunities for core providers, financial institutions, fintechs and customers alike.