This is part two of a series of blog posts on the topic: API Banking, a blessing or a malediction for corporate banks?
In my last blog post, I presented what API Banking and its “by-products”, Banking-as-a-Service and Embedded Finance, mean in the context of Corporate Banking, and reviewed the opportunities for both the corporations and the banks servicing them.
It is now time to look at the dark side of the coin since I believe that APIs are a highly disruptive technology and that API Banking will reshape the Financial Services industry much more than most think today, in ways that could be disastrous to the ill-prepared.
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