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Monday 11 June 2018

*NEW RESEARCH* Open Banking and Fintech

logoNow in its 3rd year, Money2020 is the key fintech industry event in Europe and provides an opportunity to take stock of the state of fintech in the region.

2018 has already been a momentous year for the industry with Open Banking going live in the UK on 13 Jan. Open Banking is a critical crystallisation point for all financial institutions in Europe, forcing decisions (in many cases long overdue!) on proposition roadmap, digital transformation, adoption of new technologies and partnering strategies. For Software and IT Services providers, this creates a world of opportunity. The mandatory change touches every business in the ecosystem, creating a raft of exciting new players, driving consolidation among established players and accelerating the adoption of new technologies and innovation.

TMVIn order to capitalise on these opportunities, vendors need to track and understand market developments as they unfold at an unprecedented rate. Our report from the Amsterdam event gives the latest insights across the fintech sector, highlighting new imperatives as UK and European financial services companies compete against both fintech start-ups and the Internet giants.

FinancialServicesViews subscribers can access this important and thought-provoking report here.

Posted by Peter Roe at '16:03' - Tagged: payments   banking   regulation   FinTech   RegTech