Opportunities and Challenges in Open Banking
Open banking, where we are able to share bank resources such as data, with third parties through an Application Programming Interface (API), represent a significant source of new revenues for banks. In this webinar we discuss the opportunities open banking presents to unlock new streams of revenues for banks, and assess the limitations of various revenue models to maximize profitability, value creation, new customer acquisition, customer retention and upselling. We discuss stakeholder dynamics and address ways to ensure a differentiated offering, optimize growth and profitability, and align price to value.
- Select the right revenue model for your competitive positioning
- Acquire a firm understanding of the challenges with various revenue and pricing models
- Anticipate and address challenges including negative customer perception, stability, scalability and reliability issues