7min chapter

Banking Transformed with Jim Marous cover image

Crafting Unique Business Banking Experiences

Banking Transformed with Jim Marous

CHAPTER

Navigating Open Banking: Challenges and Strategies

This chapter explores the significant effects of open banking on regional and smaller financial institutions, focusing on their need to modernize core systems and form partnerships with FinTechs. It also highlights the delicate balance between innovation and security, emphasizing the importance of customer trust and effective engagement in a competitive landscape.

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