There are different types of ecosystems: Imagine a tropical rainforest on one side of the spectrum and a structured English garden on the other. In one, you design and enforce rules – resulting in a predictable but also more constrained
What Open Insurance can learn from Open Banking
Open Insurance has the advantage of having an older brother, Open Banking, which has ventured out before with similar aspirations and goals. There is a rich set of experiences from various Open Banking initiatives and especially from implementing banks around
Open Banking vs Banking-as-a-Service: How do they differ?
Open Banking and Banking-as-a-Service are terms used for APIs in the financial space. But do they mean the same – can they be used interchangeably? Does a bank automatically offer Banking-as-a-Service when it offers Open Banking APIs? How big is
APIs & the big re-bundling in Financial Services (Banking-as-a-Service – BaaS)
While banks are busy figuring out how to best implement and leverage Open Banking around the world, we will look ahead at what’s next for banks and financial services. Current Open Banking and API initiatives focus on un-bundling financial services,