Platform Business Model for Banking


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Platform business model for banking – A point of view

Success in the digital economy is a function of scale. Ecosystems are the new assets for a business and the value created or exchanged in these ecosystems their return.

Digitization in banking is changing the nature of business as banks embrace the platform model to augment their revenue with new fee-based income in the face of falling interest income. Progressive banks are already exposing their APIs to external developer ecosystems, third parties and other banks.

However, there is no single platform strategy for success. Should your bank create, curate or gain access to an ecosystem? Which of the APIs should be accessed by select partners such as FinTechs, and which ones can be open to third parties that your bank has no relationship with?

To learn how banks can achieve the explosive success of new age platform businesses like Uber, Alibaba and Amazon with platform banking, download our Point-of-View.

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Webinar recording

Watch global banking leaders discuss how banks can sharpen their ecosystem play to ride the platform wave revolutionizing
business models in every industry

 

Platform business model for bankingyoutube-icon

Speakers

 

Gabriel Di Lelle

Gabriel Di Lelle

Vice President of Innovation and Digital Transformation
Grupo Bancolombia
Sampath Srinivasan

Sampath Srinivasan

Senior Vice President, Head Program Management Office
First Abu Dhabi Bank
Sameer Singh Jaini

Sameer Singh Jaini

Founder and CEO
The Digital Fifth
Sunil Mishra

Sunil Mishra

Senior Industry Principal
Infosys Finacle
Rajashekara V.Maiya

Rajashekara V.Maiya

Head of Product Strategy
Infosys Finacle

Moderator

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