Open Banking Solutions

The banking industry is at a precipice, about to deliver new and seamless customer experiences that meet new regulations, like PSD2 and CDR. Banks slow to change will be left behind, but those that can quickly embrace open banking solutions with new digital capabilities and partnerships will create sought-after personalized digital experiences that keep customers coming back.

5 Technologies for Creating an Unfair Advantage
Open Banking Innovation: 5 Technologies for Creating an Unfair Advantage Download eBook

Benefits

Create a personalized customer journey

Differentiating with open banking solutions gives you the opportunity to create frictionless experiences and seamlessly connect customers to innovative services through banks and third-party partners. Leveraging your data to personalize the banking experience and connecting customers to real-time targeted services is key to increased engagement, heightened customer satisfaction, and loyalty.

Curate and govern data and gain insight

Increase consumer trust with robust security, governance, and data management tools that meet PSD2 regulations. Verify customer identity and consent while ensuring stakeholders and applications have secure access to the data needed to deliver an amazing customer experience every time.

Introduce new digital products with agility

Customer preferences and expectations are quickly changing as banking services crop up in non-traditional places. You can strongly compete by anticipating changing customer expectations with new services that you quickly bring to market.

Monetize and facilitate new channels and ecosystems

Monetize new channels with expanded product offerings through partnerships and create a seamless digital customer journey. Use open banking APIs to share information with third-party fintechs or enable secure payments through online retailers to create a superior digital customer experience.

Capabilities

Seamless customer journeys

Integrate systems, apps, data, and devices with the TIBCO Cloud Integration platform to build and deliver real-time targeted services for superior customer journeys.

Fast access to data

Consolidate disparate data sources and ensure accurate data through data virtualization. Enable efficient ETL-free access to data for superior open banking solutions.

AI-powered decisions

Use streaming data science to automate the earliest discovery of anomalous events in real time, identify opportunities as they form, and trigger the best action.

Continuous data curation

Facilitate a culture of continuous data curation, governance, and metadata management to clarify accountability and reduce cost, risk, and inefficiency.