TECH BUYER Apr 2020 - IDC Perspective - Doc # AP46223320

Open Banking for Homebound Customers in Light of COVID-19

By: Ganesh VasudevanResearch Director, IDC Financial Insights

Table of Contents

Executive Snapshot

Figure: Executive Snapshot: Open Banking Ecosystem Has Been Thrust to the Forefront of Business Strategy During and After COVID-19

Situation Overview


Leveraging Open Banking to Build a Resilient Ecosystem

Collaboration and Partnership Will Be the Norm for Reach and Continuity

Innovation Will Be the Differentiator

Marketplace for Banking Products and Services Will Accelerate Creating a Platform Economy

Efficacy and Cost Will Underscore Investment and Spending

Advice for the Technology Buyer

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