Funding takes center stage for nonbank online lenders

Cost of capital survey results

The State of Open Banking

Why today's early implementation steps are leading to a financial revolution

WHITE PAPER | OCTOBER 2018

Authored by LendIt Fintech

What is this paper about?

Open Banking is changing the banking industry's competitive landscape, as technology standards are enabling fintech startups and consumer digital brand leaders to offer financial services apps that compete with banks. This white paper addresses the drivers of Open Banking; leading players, their initiatives and partners; regulatory frameworks; and more.

Key findings address:

How fast companies need to deploy an Open Banking strategy to remain competitive
Which financial functions to target with new applications
Why collaboration is an essential strategic element
Where approaches differ by region worldwide
How to remain secure and compliant while opening access to one's systems

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