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Banks prepare for embedded finance

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DISCOVER MORE CHOOSE YOUR NEXT READ Going beyond legacy systems The increasing demand from banking customers for cutting-edge digital use cases and seamless customer experience (CX) requires a robust and agile IT system to match. However, many legacy banks simply don't have the infrastructure in place to meet these expectations. Security and compliance in open banking Open banking is just one example of how the banking world has changed in recent years. It has fast become a vital component of how a modern bank needs to behave in order to meet the needs of today's banking customer. Banking-Platform-as-a-Service: The platform revolution With evolving consumer demands and institutional supply dynamics, the financial services industry is undergoing a transformative reform. Technological and business model advances across various ecosystem stakeholders – such as fintech startups, nonbank innovators and progressive regulators – are nudging incumbent financial institutions toward change. Customer experience in banking We believe that full digital customer experience is key for banks, as trust is a strong differentiator in an industry going through perpetual disruption. Engagement is key as clients expect fast decisions within an end-to-end, humanized digital experience. Open banking & mortgages: The next revolution in lending Mortgages are a key area of competition for UK banks and building societies, but they're becoming less and less profitable. Open banking-powered technology could hold the answer. Employee experience in banking It's become increasingly clear in recent years that if banks are going to survive and thrive in the current era, they need to adapt to meet the market's ever-changing needs.

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