Ep250: Why bankers are recognising that banking is about more than just finance

Eli Rosner, Chief Product & Technology Officer, FinastraWhat is the purpose of the organisation? Bankers (86%) are recognising they have a duty to support the communities they serve. A clear majority of the senior executives in financial services around the world (85%) also say Banking as a Service (BaaS) will make an impact over the next year, with 40% believing the impact will be significant. More than 9 in 10 say open banking is important with 97% of those already using it saying it has benefited their business. These are among the findings of Finastra’s Financial Services State of the Nation Survey 2021. Robin Amlôt of IBS Intelligence discusses these and other results from the report with Eli Rosner, Chief Product & Technology Officer, Finastra.