Open Banking Repositioning of European Financial Institutions

In this essential, Markus Bramberger examines the development of open banking and its products in Europe. The author answers specific questions about possible substitution scenarios with regard to traditional - non-opening - financial institutions. Against the background of this challenging, risky, but also opportunity-generating time in the financial sector, the reader acquires a focused knowledge of open banking and FinTech topics. 

Reasons for opening up banks.- Open banking operational.- Pros and cons.- Opening up banks.- Opportunities, risks and challenges due to new framework conditions.

Markus Bramberger is a qualified financial services expert. His focus is on payment transactions and future research.