JP Morgan Chase and Co.: Open Banking (Digital Learning Experience)
Robert D. Austin
Product #:W35270
Supplier:Ivey
Discipline:General Management, Information Systems
Setting:United States, 2023
Industries:
Geography:
Your Price:$16.95
Purchase this material with a free Educator Account and enjoy more benefits:
- Free Educator Copy
- Free Teaching Notes
- Build your coursepack
- Discounted academic price
Learning Objectives
- Explain the concept of open banking and how it might impact competitive dynamics in the financial services industry.
- Describe technologies for sharing data, such as credentialed access and application programming interfaces, and discuss their business advantages and disadvantages.
- Analyze the competitive dynamics operating between banks, smaller third-party firms and large and powerful tech platforms.
- Evaluate the competitive implications for different parties with different approaches to implementing open banking.
- Devise a recommendation on how a major bank might respond in the face of a move to open banking.
- Justify the importance of regulatory frameworks in driving business change and the different means by which regulators might induce change.