The banking sector is on the verge of major changes. As a result of technological developments, new customer behaviour and fresh regulations, significant disruptions are taking place. Today, banks still manage the entire value chain and data of their clients on their own. Slowly, the banks are moving to a more open system, allowing new banking ecosystems to develop.
New developments and new regulations present both opportunities and challenges. Changing digital business models require a thorough knowledge of the playing field, in which market and technology are heavily influenced by Dutch laws and European regulation.
From platform to open ecosystem
A cross-sectional approach will be the key to success. Companies, banks, and the Dutch government all have an interest in stimulating an open ecosystem while developing and controlling the current payment and trusted transaction infrastructure. BridgeHead spots opportunities for innovation in the public domain and helps clients turn these opportunities into deals that generate new business.