TECHNOLOGY with leading fintech companies to offer disruptive digital technologies such as application programme interfaces ( APIs ).
“ At FBC we are focusing on opening up our ecosystems ,” Mugwagwa explains . “ As banks , we are designed more for process and stability . We don ’ t move with speed , but this is something which fintechs can offer . They have speed , agility and expertise around data . They ’ ve also got a freespirited approach to innovation . This move to open banking facilitates integration with these third parties . At FBC , we collaborate a lot and this is mutually beneficial for the bank , the fintechs and customers alike .”
“ This change in the market presented us an opportunity to become an innovative and dynamic financial sector player ”
AGRIPPA MUGWAGWA , EXECUTIVE DIRECTOR , GROUP RETAIL
BANKING & E-COMMERCE
From bricks-and-mortar to online Embracing the open banking ecosystem is one matter , but FBC is also making waves in the sector by moving away from traditional brick-and-mortar branches to become a digitally-engaged , digitally-focused brand .
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