Banking

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What is a bank? The definition is in flux. As the regulatory-driven Open Banking agenda powers innovation and accelerates the fragmentation of a heavily concentrated banking market, incumbent banks must act quickly to stay relevant. As customers look far and wide to satisfy their financial needs, some are questioning the need for a bank at all.

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Part of The Regulation Revolution series, presented by Marketforce and FIS, this webinar takes a practical look at how PSD2 and Open APIs are transforming customer relationships, what this means for banks, and the opportunities and challenges they will face as the deadline for compliance draws nearer.

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    Nick Middleton Head of Strategy & Design – Payments, TSB Bank
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    Megan Caywood Chief Platform Officer, Starling Bank
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    Liisa Kanniainen VP, Senior Strategic Adviser, CM Sales , Nordea Bank Finland Plc
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    Marijke Koninckx Product Marketing Manager, FIS
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    Lindley Gooden Journalist & Filmmaker

Banks are under intense pressure. They face a perfect storm of low interest rates and investment yields, new regulatory requirements and now the uncertainty of Brexit at the very same time that customers are notably becoming restless. Competition is intensifying as challenger banks and FinTech start-ups threaten traditional value chains, while technology is developing at a dizzying rate, with game-changers such as blockchain and artificial intelligence threatening even to overhaul the industry as we know it.

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