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…

How banks can stay relevant in a changing world

Earlier this week, futurists and innovators from across financial services industry gathered at Mobey Day Toronto to explore the social, economic and technological forces shaping a new generation of banking consumers. Elina Mattila, Executive Director at Mobey Forum, recaps the key themes.   Much of the financial services industry is built on the premise that…

Quantum Leap: How will banks cope with tomorrow’s tech?

By Elina Mattila, Executive Director, Mobey Forum Last century, one of most dramatic changes to the banking ecosystem was the integration of digital technology, both with back office and customer-facing systems. Today, we are entering a whole new phase. Customer demographics are shifting as technologies evolve, giving rise to a digitized market dynamic and a…