Open banking and open finance level the playing field in financial services and provide opportunities to innovate around customer service and new financial products. However, while this ecosystem increases the number of connections, the correlating increase in security and management requirements can stifle some organizations. Konsentus and Software AG are addressing these security and control challenges for banks, whilst also allowing them to capitalize on the customer experience opportunities of open banking in a cost controlled manner.

Vietnam at the Dawn of Open Banking: Poised to Lead Southeast Asia’s Financial Transformation
Vietnam is rapidly emerging as Southeast Asia’s open banking leader. With strong regulation, a booming fintech market, and near-universal digital