Open Banking and the Road to Financial Inclusion (el. knyga) (skaityta knyga) | knygos.lt

Aprašymas

Open Banking creates opportunities for finance to develop more innovative products, generate new revenue streams, increase customer satisfaction and to open up access to financial services to the previously excluded and underbanked.

Open Banking and the Road to Financial Inclusion explores open banking and its potential to improve financial inclusion. Taking a measured approach, it reviews the opportunities, realities and limitations of open banking as it pertains to social inclusion and acknowledges the importance of impact and authenticity in ESG delivery. In this way, it will not only help readers build an understanding of this nuanced, complex and fast-moving field, but also enable them to make informed decisions about open banking and how they can apply this to their own careers and ESG strategies.

The book considers whether open banking is really working for the benefit of consumers by speaking to key people across the open banking, fintech and data sharing industry, and also explores how banks and fintechs are measuring their social impact. Readers will gain insights from real people about their journey from financial exclusion to inclusion, and the part played by open banking. They will benefit from case studies offering an in-depth picture of how open banking has developed in both emerging and developed markets and where open banking has been successful in promoting financial inclusion. The book investigates the ultimate intention of open banking and its lead up to open finance, and concludes with an exploration of the main benefits for financial organizations in a world that has embraced open finance.