With the advent of PSD2 the playing field opened up, non-banks entered into the marketplace, and competition became fierce.
Alternative and agile service providers have emerged, raising the expectations of end-users for good.
Financial services firms will need to consider one of two approaches to stay on the right side of the ‘great divergence’ within capital markets: double down on key value propositions and core markets, or diversify and collaborate to build a platform of curated services.
Sign up for this upcoming Finextra webinar, held in association with Banking Circle on Thursday 30 June at 15:00 BST [16:00 CEST / 10:00 EDT]. Join in our live industry expert panel discussion as we explore the merits of ‘re-bundling’ financial services, as payments businesses and banks aim to stake a claim in an increasingly competitive e-commerce marketplace.