2min chapter

Mr. Open Banking cover image

Following the Market

Mr. Open Banking

CHAPTER

Is There a Future for the Financial Services Ecosystem?

I think what we're going to see is more better, faster. What do I see banks offering me, powered by your standard that they can't offer me today? We've got firms at different stages from innovation to late adopters and such. Do you feel that open banking, FDX, common data standards for the financial services ecosystem will allow for a lot of new things to come? Will all the dominant players that exist today survive or will they be swallowed by the gaffas of the world? That's to be seen. The market will be there, the consumer needs to be served and new and delightful ways.

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