Open Banking : An opportunity, not a mandate
summary
Open banking exists as revenue opportunity not just regulation: about 50 jurisdictions pursue it and roughly half are mandate-driven, Gartner predicts 4 in 5 financial firms risk irrelevance by 2030, and Deutsche Bank (processing ~€1 trillion/day) targets ROE rise from 8% to 15% by 2022 with a €13bn transformation. Corporates still pay >50% by check in the US, ~75% of payment effort is manual. Examples built today include Western Union Edge, HSBC bank‑guarantee API, JP Morgan integrations and ISO20022 / SWIFT GPI tie‑ins.
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chapters (7)
- 0:00Start
- 3:14Differences between Corporate Banking Opportunities and the World of Retail Banking
- 5:02Deutsche Bank
- 8:01The World of Corporate Payments
- 13:59Fx Trading
- 15:19Landing in Trade Finance
- 16:31Trade Finance
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