Banks need to setup a “Fintechs” within their organisation to drive Digital Initiatives like API Banking, Digital apps.
Hackers inside the bank will drive the change fast… Hiring entrepreneurs and giving right environment would be key for this approach. Imagine 3 teams competing for creating API Banking Layer, 2 teams creating mobile app, 4 teams competing on payment app. Competition will drive innovation and speed…
Change the way banking happens….
