How Banks Can Create a White Label Response to BNPL Threats
Legacy financial institutions may be hesitant to recruit third party fintechs to build out their products, and improve the development process, but it’s essential in order to outperform the competition, says Skeps CEO Tushar Srivastava.
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FEATURING: Tushar Srivastava, co-founder and CEO of Skeps
The need for quick innovation is greater than ever, with advanced, cost-effective solutions needed by legacy banking organizations to keep pace with a fast-moving digital landscape.
One option is to deploy white label banking solutions in partnerships with third parties. By using application program interfaces (APIs), banks and credit unions can quickly respond to new challenges, such as Buy Now, Pay Later.
On today’s Banking Transformed show, we have Tushar Srivastava, co-founder and CEO of Skeps. He discusses how traditional financial institutions can use third parties to outperform traditional product development processes.
Episode Sponsor: Skeps is the next-gen POS financing platform that is accelerating financial institutions entrance into the BNPL space. Our cloud based modular suite of products enables banks and fintechs to develop and deploy new or existing products quickly and easily at the point of sale. By creating a true end to end platform, banks and fintechs can now balance the need for speed to market, with the use core competencies such as servicing or underwriting. For more information visit skeps.com
Episode Sponsor: Skeps is the next-gen POS financing platform that is accelerating financial institutions entrance into the BNPL space. Our cloud based modular suite of products enables banks and fintechs to develop and deploy new or existing products quickly and easily at the point of sale. By creating a true end to end platform, banks and fintechs can now balance the need for speed to market, with the use core competencies such as servicing or underwriting. For more information visit About the Banking Transformed Podcast
In each Banking Transformed podcast, host Jim Marous has candid conversations with the world’s foremost leaders on what it takes to transform financial institutions during an age of digital disruption. His guests discuss technology, channels, innovation, customer experience, leadership, culture and competitive forces that are changing the banking industry faster than ever before.
Named as one of the most influential people in banking, Jim Marous is an internationally recognized financial industry strategist, co-publisher of The Financial Brand and the owner and CEO of the Digital Banking Report. The Digital Banking Report is a subscription-based publication that provides deep insights into the digitization of banking, with over 150 reports in the digital archive available to subscribers.
Named as one of the most influential people in banking, Jim Marous is an internationally recognized financial industry strategist, co-publisher of The Financial Brand and the owner and CEO of the As a sought after keynote speaker, author and recognized authority on disruption in the financial services industry, Marous has been featured by CNBC and CNN, Cheddar, The Wall Street Journal, New York Times, The Financial Times, The Economist, The American Banker and has spoken to audiences worldwide. Jim has also advised the White House on banking policy.
