Is Open Banking the biggest threat?

Is Open Banking the biggest threat?

Open Banking: 39% of European Financial Institutions apparently view Open Banking as the biggest threat to their business model. 56% fear that cutomer loyalty will be reduced.

The Question: Does it have to be that way? Not sure! Isn’t normal for any firm, whatever the industry, to adapt to market changes?

Let’s discuss how to address this new business environment (and new business opportunities!) in your specific context!

Link: Trepidation about Open Banking rules persist among incumbents

About the Author

Didier Dessens

CRM and Digital Experience Advisory