API, Daily News, E-Money, FinTech, Identity, Instant Payments, Issuing & Acquiring, Open Banking, PSD2, World Retail Banking Report 2017, WRBR 2017 -

World Retail Banking report: Open banking demands foresight, but indicates new revenue streams

The Open Banking evolution continues to unfold. Banks risk disintermediation if they do not carefully 1) choose their customer-interaction business model role, and 2) use application programming interfaces (APIs), according to the World Retail Banking Report 2017. Banks, in collaboration with FinTechs, can lead the Open Banking movement by offering their customer bases innovative and [...]

The post World Retail Banking report: Open banking demands foresight, but indicates new revenue streams appeared first on Payments Cards & Mobile.