Fast Track the Open Banking Ecosystem with Platform Business Model
summary
Alibaba Cloud outlines a concrete path: use cloud, AI and big data plus open APIs to expose payment, maps, marketing and logistics capabilities; Hong Kong already has 8 virtual banks and regulators push phased open APIs that move from brochure data to account info and funds transfer. Expect SME lending to adopt alternative data sources for credit, 5G rollout >90% to fuel IoT data, and monetization via transaction fees, revenue share and referral models.
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chapters (10)
- 0:00Introduction
- 1:52Platform Business Model
- 4:32Open Banking in Hong Kong
- 5:21Open Banking in Global Perspective
- 10:02Opportunities in Open Banking
- 12:25Platform Business Strategy
- 17:18Technology Readiness
- 18:37Disciplined Approach
- 20:16Platform Companies
- 23:33Questions
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