30 min
Open Banking: Identifying opportunities beyond compliance and outside of retail banking. Sparking Innovation
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- Technology
In this episode we speak with Richard Ransom, Payments lead for Virtusa and banking industry veteran, about the impact of the Open Banking movement and how its reshaping the banking industry. Although most banks initially saw Open Banking as another compliance hurdle and as something that would primarily impact Retail banking, banks are now discovering value from Open Banking in unexpected areas. But will banks move fast enough to meet the needs of their corporate clients?
In this episode we speak with Richard Ransom, Payments lead for Virtusa and banking industry veteran, about the impact of the Open Banking movement and how its reshaping the banking industry. Although most banks initially saw Open Banking as another compliance hurdle and as something that would primarily impact Retail banking, banks are now discovering value from Open Banking in unexpected areas. But will banks move fast enough to meet the needs of their corporate clients?
30 min