Digital Banking Alternatives
According to the Economist, "Banks enjoy a monopoly over data that has helped them get away with lousy service and fend off newcomers with better ideas." This is being challenged by branchless, quick, easy and secure new services managed from your mobile device. PSD2 regulations have "opened banking" leading to huge opportunities for those who are positioned to take advantage of new banking APIs. Combining our knowledge of credit with these platforms SBTP is positioned to grow through products and brands in this space.