The Open Data Institute researched this report to help banking executives understand the opportunities Open Banking affords to acquire new customers, simplify the new customer onboarding process, improve KYC, and upgrade anti-money laundering (AML) efforts.
Forrester examined the total cost of ownership for different development approaches for banking customer facing systems, and recommends a path that may surprise.
Every small and medium-sized enterprise (SME) business needs a business banking partner. They want to experience a straightforward process which is quick and convenient for them, allowing them to focus more of their time and energy on what matters most for their business. This must read research by Vanson Bourne shows that having digital onboarding options is a key factor in SME customers’ loyalty towards a bank.