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Amit Gupta

Managing Director
Matrix-IFS
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Amit Gupta

Balance Open Banking Enthusiasm with Caution

Digitalization and Open Banking are two most prominent trends in banking industry in recent time. While the former was initiated by changing customer behavior, the latter was driven by regulatory and market forces. Open Banking is a new kid on the block with a lot of promise and fanfare, but it can present new challenges for financial services. Rat...

22 September 2022 Open Banking

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How businesses and customers can mitigate new fraud threats in 2022

Great insight Traci. Thanks for sharing. 

27 Sep 2022 19:14 Read comment

Balance Open Banking Enthusiasm with Caution

I would call them early adopters who have high risk appetite and a fear of missing out (FOMO) but tend to be less sensitive to the product limitations.

They are important for the success of your product but do not represent the entire potential customer base.

26 Sep 2022 00:47 Read comment

Balance Open Banking Enthusiasm with Caution

I agree most companies are still using screen scraping. It is the most popular and convenient integration approach from the service-provider perspective.

However, because of the security risks, it may not be popular among customers. With increased awareness over time, the customer will demand safer ways to access their data.

24 Sep 2022 19:44 Read comment

Amit writes about

  • regulation & compliance
  • financial crime

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  • 2022 (1)
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