The Programmable Bank: Opportunities for Open Banking
The traditional banking landscape is about to be transformed from merely offering deposits, lending, savings and investments to being able to offer deeper financial insights and services that extend outside of the banking industry. Trusted third parties have the ability to leverage a banks’ customer data and transaction services for an enhanced customer experience. The insight powering this new platform will enable banks to build deeper engagement and potentially become a form of lifestage concierge.
Sourced through Scoop.it from: thefinancialbrand.com