Many view open banking as a threat to traditional banking, as challengers and FinTechs seek to entice consumers through innovation. However, CGI sees it as a great opportunity for collaboration.

CGI’s Open Finance, is a collaborative, digital and secure banking solution that can successfully optimise your customer experience. It is an accelerator for digitally transforming the finance sector. By enabling the integration of traditional banks and FinTechs, it facilitates close collaboration and generates real innovation. CGI Open Finance also enables banks to maximise the benefits of PSD2 and the open market by taking new digital offerings and value-add partnerships to their customers. It ensures complete compliance with PSD2 with its state-of-the-art open banking architecture.

Read more here about the benefits, ecosystem and opportunities that CGI Open Finance can offer.