Mobey Forum Highlights Strategic Opportunities for Banks in Embedded Finance

New report examines the value of embedded finance integrations, bringing trusted financial services to convenient and familiar digital experiences, while opening new avenues of growth for banks    14 December 2023 – A new report published today by Mobey Forum’s Payments Expert Group has identified the unique growth drivers and opportunities that embedded finance offers…

Open Banking: Are consumers keeping an open mind?

Last September, the European Union’s regulatory requirement for banks to open up their payment accounts via application programming interfaces (APIs) came into effect. Since then, open banking has taken centre stage within European retail banking and payments. In this blog, Elina Mattila, Executive Director at Mobey Forum, shares insight into how emerging consumer attitudes may…

Getting Real with Open Banking in Canada

Elina Mattila, Executive Director, Mobey Forum The disruption to conventional banking is being felt as much in Canada as in other parts of the world. Traditional Canadian players are starting to see the erosion of revenue streams such as overdraft charges, insufficient fund charges and interchange fees. They also face likely future competition from technology…

Strategic roles for banks in open banking

The biggest challenge posed by open banking is not technological or regulatory, but organisational. Business models, commercial strategies and operational practices must evolve. Mobey Forum’s Open Banking Expert Group chairs discuss the various strategic position that banks can take in the in the post-PSD2 era. They identify the strategic roles for banks as Bank as…