Banks must embrace open banking by developing API strategies and building ecosystems to participate in, as fintechs and big techs increasingly compete in payments. Open banking will allow banks to share data through APIs, which is essential to existing successfully in ecosystems. However, open banking is just the first step, as decentralized finance through blockchains may be the next phase that banks must prepare for.

1. Bank ecosystems in Open
Banking world
Enrique Titos

2. Context
The payment landscape is growing among increasing
complexity with new technologies and agents
Payments are the blood of economy and the anchor
for financial information
Fintechs and growingly Big Tedchs are emerging as
competitors to traditional incumbents
Customer preferences are key to detect winning
propositions
Note: This document is an extract of World Payments Report 2019. Capgemini

3. Future
Banking
Ecosystem

4. Options
ahead for
banks

5. The journey
in bank
ecosystems

6. Banks
competitive
positioning

7. Conclusions
Embracing open banking should a no brainer for
Banks: do it or die
Open banking and API strategy is key for building
or participating in ecosystems
Mastering data is quintaesential to successfully
exist in ecosystems
Open Banking is just the first step to the next
one: Decentralized Finance through blockchains