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Open banking and the future of financial services

Open banking and the future of financial services

Mulesoft
Published by: Research Desk Released: Apr 03, 2019

The future of financial services is under pressure from profound digital disruption. Across the globe, there are forces, both regulatory and customer-led, that open up the market to new entrants and disrupt what customers are buying — and how. The advent of Open Banking is one major influence, with Open APIs paving the way for third-party developers to build applications and services independently.

This whitepaper outlines the challenges facing financial services firms and how a new approach to enterprise integration — API-led connectivity — can help banks and financial services firms not only survive, but thrive in an increasingly competitive future.

Download this whitepaper to learn:

  • What financial services firms should do about Open Banking, based on the experiences of the impact of PSD2 in Europe
  • How an API strategy could define the future of financial services
  • How a global bank successfully completed a digital transformation initiative