Core banking on the cloud, the catalyst for innovation, agility and efficiency

“As new technologies open up data streams to and from third parties and emerging startups, banks will be able to offer their customers a range of new products, services and insights that will not only optimise customer experiences, both online and offline, but will create highly personalised, customised relationships. In financial services, Banking-as-a-Service (BaaS) platforms have emerged as an integral part of open finance, where players provide more value-added services for customers by opening their application programming interfaces (APIs) for third parties to develop new services.”

https://www.finextra.com/the-long-read/266/core-banking-on-the-cloud-the-catalyst-for-innovation-agility-and-efficiency

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