How are banks investing in payments tech as fintechs take market share?
Open Banking Expo’s Ellie Duncan is joined by Oren Marmur, chief technology officer for the payments business unit at Finastra, to discuss a recent piece of research about how global banks are investing in payments technology. He reveals the findings from Finastra’s study with Aite-Novarica Group, and explains why they need to step up investment levels in payments tech to keep up with the pace of innovation. Oren also reveals the global threat banks face from fintechs in the payments space.