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Banking Frontiers is a monthly B2B magazine that covers the activities of the finance sector in India. It covers their activities in the areas of Technology, Security, HR, Marketing, Growth, Expansion, Risk Management, Compliance, Tie-ups, etc.The Banking, Financial Services and Insurance, or BFSI, sector is today the most happening sector - be it the excitement of challenging business models, or products and services or mergers and acquisitions or pure organic growth or the response to globalization.
This month's edition focuses upon the macro view of the leaders in BFSI on open banking. While open banking is creating a buzz in Europe and several countries, bankers in India are curious to know the progress and the prospects. APIs are today heralding what is described as open banking, which is enabling third-party developers to build apps and services around more traditional banking and financial services. This issue covers the thoughts of Indian BFSI technologists on what good or bad can open banking bring upon to the sector.