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Financial services seek simple solutions

Photo: Adobe Stock Images

The global financial crash followed by the data-fueled open banking revolution has led to a complex and confusing landscape for operators – so the market shift to keep it simple for consumers, regulators, and the organizations themselves is welcome and necessary.

After two years of supercharged digital transformation, spurred by the coronavirus chaos, there is a clear market shift to simplify tools and services. This recalibration is welcome for consumers, regulators, and financial services organizations themselves.

The global financial crash in 2008 caused consumer trust in financial institutions to plummet. Regulators

Unfortunately,