Banks taking back control
Michael Salmony
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Michael Salmony: equensWorldline SE, Germany
Journal of Payments Strategy & Systems, 2019, vol. 13, issue 1, 13-19
Abstract:
Banks are increasingly concerned that they are being driven by others — and they are right. Regulators, customer demands and new technology are increasingly driving the agenda. This paper examines why this is so and how banks can — and should — react in order to ‘take back control’. Warning: This paper is written in plain language with little regard for readers’ sensitivities.
Keywords: regulation; innovation management; European banking industry; open banking (search for similar items in EconPapers)
JEL-codes: E5 G2 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jpss00:y:2019:v:13:i:1:p:13-19
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