618738 Fiserv Open Banking Infographic V5 Opt 1...Accelerate digital transformation: Gain the...
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Open Banking Embed financial services in customers’ lives. of financial institutions have entered into Fintech partnerships. Financial institutions can use these new channels to meet their goals: Let people bank the way they want to bank. Connect With Us Better Customer Experiences Unique Offerings Open banking also helps fi nancial institutions collaborate with Fintechs to create: Pursue new business models: Partner with popular apps to reach beyond banking channels Appeal to mobile-first customers: Offer new tools and streamline the journey Accelerate digital transformation: Gain the agility to respond quickly to digital innovations Grow loans and deposits: Add services to expand into niche markets Today almost 80 % By 2024 80 % of banks will be purcha s ing and integrating Fintech solutions from cloud marketplaces. 58 % of consumers prefer banking through digital interactions, whi ch open banking can en r i ch and pe rsona l iz e. Build revenue: Generate fees and revenue share from Fintechs Differentiation Fiserv is cracking open the pathways to innovation – creating a thriving community of collaboration. Creating s pa ce for connect i on Helping y ou l e v e r age da ta Developing open API s Launching app ma r ke t pl a ce Banks + Fintechs = Limitless Possibilities For mor e in forma t i on about how Fiserv can support your open banking str a t egy, call 800-872-7882, email getsolutions@fiserv.com or visit us at fis e rv.com © 2020 Fiserv, Inc. or its affiliates. Fiserv is a registered trademark of Fiserv, Inc. Bank s c an g ro w and co mpe t e by delivering services as features wi t hin inn ov a t i v e Fin t e c h ch anne ls. Source: “Synergy and Disruption: Ten Trends Shaping Fintech,” McKinsey & Company (2018) Source: “Expectations & Experiences: Channels and New Entrants,” Fiserv (2019) Source: “IDC FutureScape: Worldwide Financial Services 2020 Predictions,” IDC (2019)
Transcript of 618738 Fiserv Open Banking Infographic V5 Opt 1...Accelerate digital transformation: Gain the...
Open BankingEmbed financial servicesin customers’ lives.
of financial institutionshave entered intoFintech partnerships.
Financial institutions can use these new channels to meet their goals:
Let people bank the waythey want to bank.
Connect With Us
Better CustomerExperiences
UniqueOfferings
Open banking also helpsfinancial institutions collaboratewith Fintechs to create:
Pursue new business models:Partner with popular apps to reachbeyond banking channels
Appeal to mobile-firstcustomers: Offer newtools and streamlinethe journey
Accelerate digitaltransformation:Gain the agility to respondquickly to digital innovations
Grow loans anddeposits: Add services toexpand into niche markets
Todayalmost 80%
By 202480% of bankswill be purchasing andintegrating Fintechsolutions from cloudmarketplaces.
58% of consumersprefer banking throughdigital interactions,which open banking canenrich and personalize.
Build revenue: Generatefees and revenue sharefrom Fintechs
Differentiation
Fiserv is cracking open the pathwaysto innovation – creating a thrivingcommunity of collaboration.
Creating spacefor connection
Helping youleverage data
Developingopen APIs
Launchingapp marketplace
Banks + Fintechs = Limitless Possibilities
For more information about how Fiservcan support your open banking strategy,call 800-872-7882, email [email protected] visit us at fiserv.com
© 2020 Fiserv, Inc. or its affiliates. Fiserv is a registered trademark of Fiserv, Inc.
Banks can grow and compete bydelivering services as featureswithin innovative Fintech channels.
Source: “Synergy and Disruption: Ten TrendsShaping Fintech,” McKinsey & Company (2018)
Source: “Expectations & Experiences:Channels and New Entrants,” Fiserv (2019)
Source: “IDC FutureScape: WorldwideFinancial Services 2020 Predictions,” IDC (2019)
