The highly disruptive next-generation digital banking environment offers a vast opportunity for a broad community of players – whether they’re established banks, challengers, or new entrants.

Financial services transparency as well as competitive and innovative products for customers are being promoted by regulatory initiatives such as Europe’s Revised Payment Service Directive (PSD2) …

As banks leverage new connections with ecosystem players, they can earn revenue by monetizing their APIs.

BigTech firms have huge customer bases and data – and they’re now venturing into the financial services domain.

Relationships between banks and FinTechs within the lending space are evolving fast.

In the wake of open banking, banks explore customer-centric propositions and the use of APIs to enable data sharing.

With no rigid standardization guidelines or non-compliance penalties, total and efficient compliance may take more time, as 18% of survey respondents said they are still in the compliance implementation stage.