Indeed! Actually, I think being a first mover into OB is an opportunity for most banks & credit unions. But while that what most folks in fintech see, they only see risks when it comes to OB, even though screen scraping is actually more risky. It's a strange world...
Sadly, most banks still see OB as a door through which fintech will enter to steal their marketshare…
It's a very short-sighted approach that needs to be revised.
Indeed! Actually, I think being a first mover into OB is an opportunity for most banks & credit unions. But while that what most folks in fintech see, they only see risks when it comes to OB, even though screen scraping is actually more risky. It's a strange world...