Consumers are continuously evolving and asking for better, cheaper, and more convenient ways to manage their money. So in an increasingly incalculable post-pandemic world, it looks like banks are doubling down on innovation — you know what they say, if you wish to survive, adapt, and leverage.
Principal at management consulting company, 15Mb Ltd., David Birch sat down with us to demystify what that looks like in a wider financial marketplace where it’s all about crypto and blockchain, along with their implications from 2022 and beyond.
What We Discuss:
- [00:01:19] Give us an overview of where open banking fits into crypto? And where are we now in open banking?
- [00:08:53] Are you seeing crypto exchanges, or crypto wallets already using open banking? Or are they just starting to look at it now?
- [00:09:06] What would be needed for crypto platforms to integrate open banking?
- [00:13:13] For companies looking to implement open banking, what realistically would they need to do if they're going to someone like Plaid, for example, what else is needed?
- [00:14:12] Do you think decentralised platforms and wallets will stand a chance of getting these setups and getting the regulation in place to get an open banking setup?
- [00:16:21]Where will open banking change, and affect crypto over the coming years?
- [00:17:21] Last thoughts on the growth of DeFi —What are your predictions?
Episode Resources:
Watch it on YouTube HERE: https://www.youtube.com/watch?v=bTKHkhHSA0I
