{"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='Snapshot of biometrics across the world'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/snapshot-of-biometrics-across-the-world\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/02\/snapshot-of-biometrics-across-the-world-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14542\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14542'>\n\t\t\t\tSnapshot of biometrics across the world\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='RegTech requires a more collaborative effort'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/regtech-requires-a-more-collaborative-effort\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/03\/crop-people-holding-hands-together_23-2147707744-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9297\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9297'>\n\t\t\t\tRegTech requires a more collaborative effort\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='China UnionPay and banks create unified payment app'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/china-unionpay-and-banks-create-unified-payment-app\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/photo-1423784346385-c1d4dac9893a-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9557\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9557'>\n\t\t\t\tChina UnionPay and banks create unified payment app\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],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/7257"}],"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}]}}