This year at Sibos in Sydney, Australia, IBM launched its new Open Banking platform, designed to facilitate digital transformation for legacy banks. The platform will sit between the banks’ legacy infrastructure and the brave, new world of agile fintechs.
Is this a strategic leap into financial services for IBM in the wake of pressure from the likes of Amazon and Microsoft?
Can banks really make a success of PSD2 or does it simply reduce them to a utility role?
But, of most importance, is the platform simply plastering over fundamental technological problems?
Tom Eck, CTO of IBM Industry Platforms answers this and more in this edition of the Fintalk podcast.
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