Fiserv Open Banking Survey Shows Emergence of Strategic Focus
Fiserv, Inc. (FISV)
Last fiserv, inc. earnings: 2/4 04:01 pm
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Source: Business Wire
Financial institutions are thinking beyond compliance but report difficulty recruiting talent, and many that have already implemented say they would have executed differently BROOKFIELD, Wis. & LONDON--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced the results of a survey revealing insights into the implementation of open banking initiatives by banks in the U.K., Poland, France and Australia. To date, banks have primarily focused on compliance, with only 42 percent of respondents (and just 24 percent in Australia) saying their strategy for open banking goes beyond day one. However, some banks are beginning to leverage open banking for strategic initiatives such as improving customer service. Banks are united in the belief that open banking will have an impact on financial activities, with 67 percent
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