{"id":7257,"date":"2017-11-27T05:37:37","date_gmt":"2017-11-27T05:37:37","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=7257"},"modified":"2017-11-27T05:37:37","modified_gmt":"2017-11-27T05:37:37","slug":"open-banking-important-to-the-future-of-banking-services","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/open-banking-important-to-the-future-of-banking-services\/","title":{"rendered":"Open banking important to the future of banking services"},"content":{"rendered":"<p>Financial institutions are becoming more client-focused than ever before. And open banking is providing banks with the means and opportunities to reorganize their products and services in accordance with the experiences and expectations of their customers. Furthermore, it is envisioned that, in the future, there will be two main types of financial platforms: those which allow other companies to offer financial services and those which aggregate the finances of a particular company\/person into a single, easily-manageable location. In either instance, it is important that financial institutions remain at the forefront of these technologies, especially given that, for customers, the only truly important thing is the user experience.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-7257 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Open banking changing the landscape of the financial services industry'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/open-banking-changing-the-landscape-of-the-financial-services-industry\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/Open-Banking-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-8538\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/Open-Banking-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/Open-Banking-300x300.jpg 300w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/Open-Banking-768x768.jpg 768w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/Open-Banking-1024x1024.jpg 1024w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/02\/Open-Banking.jpg 1378w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-8538'>\n\t\t\t\tOpen banking changing the landscape of the financial services industry\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='UK\u2019s Financial Conduct Authority calls for smarter regulatory reporting'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/uks-financial-conduct-authority-calls-for-smarter-regulatory-reporting\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/entrepreneurs-showing-startup-business-project_3446-697-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-9276\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/entrepreneurs-showing-startup-business-project_3446-697-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/entrepreneurs-showing-startup-business-project_3446-697-300x300.jpg 300w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/entrepreneurs-showing-startup-business-project_3446-697.jpg 626w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9276'>\n\t\t\t\tUK\u2019s Financial Conduct Authority calls for smarter regulatory reporting\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='China\u2019s microchip infiltration of U.S. computers'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/china-s-microchip-infiltration-of-us-computers\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/china-s-microchip-infiltration-of-u-s-computers-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-11234\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/china-s-microchip-infiltration-of-u-s-computers-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/china-s-microchip-infiltration-of-u-s-computers-300x300.jpg 300w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/10\/china-s-microchip-infiltration-of-u-s-computers.jpg 626w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11234'>\n\t\t\t\tChina\u2019s microchip infiltration of U.S. computers\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Financial institutions are becoming more client-focused than ever before. And open banking is providing banks with the means and opportunities to reorganize their products and services in accordance with the experiences and expectations of their customers. Furthermore, it is envisioned that, in the future, there will be two main types of financial platforms: those which &hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,290],"tags":[287],"class_list":["post-7257","post","type-post","status-publish","format-standard","","category-fintech","category-germany","tag-open-banking","bulletin_edition-fintech-november-2017","b_post_type-the-fintech-world"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7257","targetHints":{"allow":["GET"]}}],"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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=7257"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7257\/revisions"}],"predecessor-version":[{"id":7258,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7257\/revisions\/7258"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=7257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=7257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=7257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}