The rapid transformation of customer behavior and digital technologies has driven considerable change in Asia’s banking sector. Innovation alone is no longer enough – banks need to collaborate.
Consumers and corporates are looking for more flexibility and personalization from their banking experiences and banks can’t afford, and should not have, to do it alone. Adopting an inclusive Open Banking platform-based approach is not only more efficient, but more cost-effective and innovative in the long-term. It’s time to collaborate; «collaboration» is the new «innovation.»