Banking Insights Video Series

Episode 1: Non-financial services companies getting into payments – why banks should pay attention

The open banking market is increasingly attracting non-financial companies. PSD2 licenses create a tremendous amount of opportunities for retailers, airline companies and many others. This not only disrupts the traditional business models of banks, it’s also a reaction to the increasing competition from BigTechs.

If you’re interested in hearing more about Open Banking, please check out our latest blog ‘Everyone is Banking’ here.

Episode 2: How is Open Banking simplifying the world of credit lending?

The banking landscape is changing, and the credit and lending landscape is being disrupted by a number of innovations. Based on our research from the PSD2 (Open Banking) Market Observatory, the use of PSD2 licenses have paved the way for such a change, leading to opportunities to simplify the life of both the consumer, and the lender. In this video, our experts explain how open banking is reshaping the credit lending landscape.

Episode 3: Screen scraping – a balancing act for banks

The EU’s PSD2 aimed to bolster data sharing between banks and third party providers (TPPs) while increasing the safety standards for customers. While the regulation steered banks to share customer data in a controlled way via APIs, many TPPs still rely on screen scraping, giving them unrestricted access to banks’ customer data. In the absence of strict regulation, banks will need to act to balance the benefits and risks properly.

If you’re interested in hearing more about Screen Scraping, please check out our latest blog ‘Screen scraping: a balancing act for banks’ here

Episode 4: Big Tech into payments data – scary or exciting?

BigTechs have been disrupting the payment industry for some time now. Their new functionalities enabled by for instance semantic search technology will likely attract even more customers. Or should we be scared by the increasing involvement of BigTechs in our life?

Episode 5: Quantum computing – the future of risk management?

Quantum technologies are predicted to be one of the next big disruptive technologies, offering the possibility of solving previously intractable problems. Risk models can have many parameters, influencing the risk. This means that classical computers require a lot of computation power. Banks can leverage quantum risk simulations to improve their risk modelling, making the models faster and more accurate. This allows banks to always work with up-to-date models. Though quantum computers might offer a lot of opportunities, on the other hand quantum computers might also pose a threat on security. Financial institutions must prepare to make their systems and sensitive data ‘quantum-safe’. To learn more on how organizations can prepare for a quantum advantage please check out our latest report here.

Episode 6: How can data help financial institutions meet their diversity and inclusion goals?

Diversity & Inclusion (D&I) is a high priority at Capgemini. We support organizations in becoming more Diverse and Inclusive using our ‘Be Challenged’-Approach. This approach offers a comprehensive strategy that unites all D&I initiatives under one umbrella. What sets our approach apart from other D&I approaches? Our D&I experts use data-driven insights as a starting point to drive change.

Episode 7: ESG compliance: what are the new challenges for banks?

Whilst sustainability is shifting from a hobby for a small group of do-gooders into a full-grown boardroom priority, financial institutions struggle to implement ESG regulations. Sustainability is not only an additional risk type, but a transformation changing the way financial institutions conduct their business. If you want to know more about implementing ESG regulations and the lessons learned, watch the video.

Episode 8: Banking Insights: Payments & Retail

In a post-pandemic world, consumers are looking for more frictionless and seamless payments. Retailers and banks have to innovate in order to adapt to consumer preferences. If you want to know more about this and future trends, join our discussion by watching this video.

Episode 9: Non-PSD2 APIs: a new channel for banks to enrich their offer?

An increasing number of banks are selling data and solutions via APIs (Application Programming Interfaces). APIs are thus opening up a new sales channel for banks, although monetizing APIs remains a challenge. As the European open finance market is expected to keep growing, driven amongst others by the European Union’s intention to require more sectors to open up their data, we advise our customers to pay close attention to this emerging new market space.

Episode 10: Managing Sustainability Data: Challenges and Opportunities for Banks

Sustainability is an important new aspect of everyone’s life including businesses and financial institutions. To promote the consciousness and to guide the organizations with their environmental, social and governance goals, a set of new regulations has been introduced (and further ones are expected), which requires the calculation, collection and reporting of many quantitative metrics. However, just like sustainability, the related data is also present on all levels within the organization, which challenges the current way of working around data management.

Episode 11: Toothpaste: How to Understand the Future of Open Finance Regulations

Open Finance will be the next revolution in the banking sector, opening many doors for innovative use cases. What is Open Finance and what does toothpaste have to do with it? Watch our latest Banking Insights video to find out.

Episode 12: What is the future of KYC?

Banks are putting a lot of effort to comply to Anti-Money Laundering legislation. By doing this, they are hiring a huge amount of people to do plenty of work manually. But criminals will be more and more creative finding ways to hide their money. How can we keep pace combatting illegally obtained money?

Episode 13: What are the four key success factors in the world of open finance?

Open Finance is emerging. Whether or not to become a winner in this market depends on a few factors. Learn what these success factors are in our latest Banking Insights video.