Trends Report

The Open Banking Revolution Is Imminent

How Open Banking Will Transform The Banking Landscape

February 23rd, 2017
Jacob Morgan, null
Jacob Morgan
With contributors:
Alyson Clarke , Edoardo Zavarella , Benjamin Ensor

Summary

Open banking is the next logical evolution of digital banking, furthering the ability of a bank to enable customer outcomes through participation in collaborative ecosystems and partnerships. Digital technologies such as APIs will sit at the heart of open banking as software and accessibility drives further disruption and business models evolve. Digital business strategists at banks should read this report as an introduction to Forrester's view on open banking.

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