{"id":16142,"date":"2021-07-08T12:12:26","date_gmt":"2021-07-08T12:12:26","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=16142"},"modified":"2021-07-08T12:12:26","modified_gmt":"2021-07-08T12:12:26","slug":"survey-financial-institutions-seeing-the-benefits-of-open-banking","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/survey-financial-institutions-seeing-the-benefits-of-open-banking\/","title":{"rendered":"Survey: Financial Institutions Seeing the Benefits of Open Banking"},"content":{"rendered":"<p>Finstra recently conducted a survey of 785 professionals working at global financial institutions. The results of this survey indicate that most such organizations are already seeing benefits from open banking and open finance concepts, especially those operating in Asian markets. In particular, banking as a service (BaaS) and embedded banking service solutions are already making an impact and helping financial institutions enhance their offering to consumers. This is despite the fact that current regulatory frameworks are largely seen as a hinderance to continue innovation.<\/p>\n<p>Uncover the date behind these findings and more in Finstra\u2019s <a href=\"https:\/\/www.finastra.com\/sites\/default\/files\/documents\/2021\/06\/financial-services-state-of-the-nation-survey-2021.pdf\">survey results presentation<\/a>.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16142 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='(Video) What in the World Are NFTs?'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/video-what-in-the-world-are-nfts\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/04\/What-are-NFTs-CNBC-Explains-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15956\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15956'>\n\t\t\t\t(Video) What in the World Are NFTs?\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Open banking in the UK: one year out'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/open-banking-in-the-uk-one-year-out\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/open-banking-in-the-uk-one-year-out-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13037\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13037'>\n\t\t\t\tOpen banking in the UK: one year out\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='CEO Digital Transformation Toolkit'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/ceo-digital-transformation-toolkit\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/08\/50f6a62e-e990-376a-b3f7-44fce7589ad91-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16776\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16776'>\n\t\t\t\tCEO Digital Transformation Toolkit\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Finstra recently conducted a survey of 785 professionals working at global financial institutions. The results of this survey indicate that most such organizations are already seeing benefits from open banking and open finance concepts, especially those operating in Asian markets. In particular, banking as a service (BaaS) and embedded banking service solutions are already making &hellip;<\/p>\n","protected":false},"author":12,"featured_media":16146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16142"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=16142"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16142\/revisions"}],"predecessor-version":[{"id":16143,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16142\/revisions\/16143"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/16146"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}