Details

<p>Reasons for opening up banks.- Open banking operational.- Pros and cons.- Opening up banks.- Opportunities, risks and challenges due to new framework conditions.</p><p></p><p></p>

<p>Markus Bramberger is a qualified financial services expert. His focus is on payment transactions and future research.&nbsp; &nbsp;&nbsp;</p>

<div>In this <i>essential,</i> Markus Bramberger examines the development of open banking and its products in Europe. The author answers specific questions about possible substitution scenarios with regard to traditional - non-opening - financial institutions. Against the background of this challenging, risky, but also opportunity-generating time in the financial sector, the reader acquires a focused knowledge of open banking and FinTech topics.</div><div><br></div><div>This <i>Springer essential</i> is a translation of the original German 1^st edition&nbsp;essentials, Open Banking<i> </i>by Markus Bramberger, published by Springer-Verlag GmbH Germany, part of Springer Nature in 2019. The translation was done with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was done primarily in terms of content, so that the book will read stylistically differently from a conventional translation. Springer Nature works continuously to further the development of tools for the production of books and on the related technologies to support the authors.<br></div><div><br></div><div><b>The content</b></div><div><ul><li>Reasons for opening up the banks</li><li>Open Banking operational</li><li>Pros and cons of bank opening</li><li>Opportunities, risks and challenges due to new framework conditions</li></ul></div><div><b>The target groups</b></div><div><ul><li>Lecturers and students from the fields of financial management, economics, business education, economics, European law</li><li>Actors, teaching and learning banking experts from the areas of operational payment transactions, IT, product development and software as well as EU legal experts</li></ul></div><div><b>The author</b></div><div><br></div><div>Markus Bramberger is a qualified financial services expert. His focus is on payment transactions and future research.</div><br/><br/>This book is a translation of an original German edition. The translation wasdone with the help of artificial intelligence (machine translation by the service DeepL.com). A subsequent human revision was done primarily in terms of content, so that the book will read stylistically differently from a conventional translation.

Compact presentation of the cornerstones of a modern banking infrastructure