Open Banking comes with the promise of taking banking from a commodity to an ecosystem. It also comes with a fair share of challenges. To support the business architecture of Open Banking, banks have to “scale beyond the norm”. This means new business models, new governance and new partners.
As opportunities arise, your architecture needs to scale efficiently and quickly but your technology needs to scale even faster. Stopping at PSD2 compliance through API management is not good enough. Banks need technology partnerships that extend towards integration, security and analytics to realize the full potential of Open Banking. The WSO2 platform is designed around these core technology principles. It enables a bank to move from a closed model towards an ecosystem model, where the customer’s lifestyle is as important to a bank as their banking needs.
This webinar will cover:
The market potential of Open Banking
The shift in strategic perspective from closed to open banking
The new normal - Customer journey, business models and data driven success
Building a digital transformation partnership - Banking beyond the norm with WSO2 - https://wso2.com/solutions/financial/open-banking/