Legacy payment systems inhibit a financial institution’s ability to keep up with both traditional competitors as well as innovative entrants to the payments space. Banks need to build a bigger ecosystem and not a bigger bank. Key to this is through the use of open banking and APIs as tools for collaboration and partnerships with fintechs.
Our latest ebook 'Powering the future of Payments with Open Banking' defines the four key requirements that form the building blocks of an ecosystem approach and shows how banks can build their payments strategy to reap the benefits of open banking.
Innovate your payment experiences and become a payments leader.