The Role of a Bank in an Open Banking Ecosystem

Louise Beaumont

Open Bank Lead

SapientRazorfish

Louise Beaumont shares her presentation slides from our recent “More Disruption”event.
With banks already facing disruption from Fintech and other challengers, the forthcoming implementation of the European PSD2 directive is set to herald a new wave of competition.
Open banking offers consumers the prospect of tailored services and value improvements, but where does it leave the traditional banking model?
Are there opportunities, as well as challenges, for the established players? How should banks rethink their customer relationships and revenue models? And will customers be comfortable with their data being shared?

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