APIs, FinTech & Open Banking – RBS Documentary

The business of banking is changing, and it is changing dramatically. Disruptive technologies are increasingly being placed in the hands of end customers, and their behaviors are changing. And as their behaviors change, the business of banking is changing, so banks no longer own the end-to-end value chain. Every piece of what we do can now be provided by a non-bank service providers. We read an awful lot in the media about the unbundling of the financial services, and how banking is becoming more modular. – Kevin Hanley, Head of Innovation, RBS