As banking increasingly becomes a technology play, the usage of internal and external application programming interfaces (APIs) is surging. That’s why API management platforms are crucial for financial services providers to reach true digital leadership. [...]
Jussi Valsta, the CEO of VertaaEnsin.fi, a financial product information and comparison platform, which is part of CompareEuropeGroup, shares his views on how the platform and data economy changes the business environment and the dynamics between financial services industry players. [...]
Kristine Ursfjord, partner manager private market at SpareBank 1, reveals how traditional banks can successfully build ecosystems around their core financial services offerings. SpareBank 1 enhances the customer experience by embracing open banking The [...]
Right now it is business-as-not-usual for millions of SMEs due to the Covid-19 crisis. Their survival relies on quick and fair distribution of the emergency funds backed by the British government. That is why banks play an important [...]
Krista Korelin, Director Digital Retail Banking at OP Financial Group, shares her insights into how banks are impacted by the emerging open platform economy. How OP Financial Group accelerates digital transformation and leverages ecosystems [...]
The corona virus is now a fact of life, affecting every single layer of society around the world. How do we adapt to the new normal and keep life and business moving forward, and be prepared for it [...]
The outbreak of the coronavirus pandemic is an unsettling human tragedy on global scale. Financial services institutions now have a direct imperative to prove their purpose as good corporate citizens by alleviating the impact on society and economy. [...]
The forerunners in open banking showed that open banking has potential to improve customer experience, increase efficiencies and unlock new revenue once it is linked to business strategy and digital transformation. Read our analysis of The Third Annual [...]
In the digital era, successful banks design their brand portfolios around meeting contextual customer needs. This is the second of two posts on building financial services brands, co-authored with Ross Republic's brand transformation lead [...]
With the rise of fintech challengers and recent innovations in digital banking, banks now have the opportunity to truly differentiate their brand through digital products and services that directly reflect the mission and values of the bank. [...]
The infrastructure of the financial services value chain is increasingly outsourced to specialised product factories. Prevailing cookie-cutter strategies and monolithic business models limit banks in reaching their full potential. That’s why banks will embrace [...]
Ecosystem orchestrators launch new propositions to expand into new segments, markets, or geographies. Prevailing cookie-cutter strategies and monolithic business models limit banks in reaching their full potential. That’s why banks will embrace more diversified [...]
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