Getting the technology right does not guarantee demand. Recent research by Accenture found that 69% of respondents said they would not share financial data with businesses that were not banks.
So, what’s in it for customers?
Making use of customers financial data to understand patterns, financial habits to ultimately develop tailored financial products
Customer centricity 2.0 - Putting customers in the driving seat by allowing them to chose the products they want (services) and the channel they use (providers)
Collaborating with various TPPs and solution providers to ensure maximum customer satisfaction
Partnering with the right FinTech can be a powerful way to accelerate development, and energise a bank with purpose and pace. Identifying meaningful partnerships and collaborations can lead a bank’s open banking initiative to a grand success. This discussion on how banks should focus on working, building and developing the right partners, TPPs and how such collaborations can be beneficial to banks ultimately leading to the creation of an additional revenue stream.
Check out the incredible speaker line-up to see who will be joining Noman.
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