The Ecosystem revolution for banks starts with forming a coalition of trusted partners to build a model that can scale. While technology is a large part of this revolution, it is forming these partnerships and being open to new ideas that can have the greatest impact.
Bank as an Ecosystem 3 strategic type of banking:
> “Bank as a Service” in this role the bank may lose direct relationship with the customer and become a utility.
> “Bank as a Platform” in this role the Bank engages with its customers while paving the way for new business models. the most innovative the most powerful one
> “Bank as an Ecosystem” in this role the bank is not simply a bank anymore.
Bank as an Ecosystem: https://www.linkedin.com/feed/update/urn:li:activity:6383701318602760192