The Role of Open Banking in Digital Transformation
We were recently interviewed for an article in Wealth Professional on the subject of Open Banking and how this movement will be a catalyst for digital transformation. I was interested to read McKinsey’s interview of 3 fintech CEOs on the same subject this morning. In order to balance the demands of new regulations and to drive digital transformation within their FIs, most leaders recognize the important role that partners will plan in supporting both requirements and Open Banking is a key strategy in engaging with FinTech partners.