Conan French

2.00-2.30 PM

Wednesday 11st Nov

The future of neobanks and open banking

Open banking programs and regulations have served as a wake-up call to traditional banks in understanding the intrinsic value of APIs. For banks, it is almost becoming a norm that they must develop their digital capabilities to avoid being curbed or dis-intermediated by contestants (ie neobanks) with more innovative offerings and services. The panelists discuss the elements of this new environment and explain how this new ecosystem shapes up.