Our CEO, Anders la Cour, recently joined Deputy Editor of The Banker, Joy Macknight to discuss the state of play in financial services as part of its Masterclass series.

Part one of the series looks at how banks can drive forward innovation in financial services with utility banking – a concept whereby they adopt a network-based approach that allows them to focus on delivering their core services.

With increased regulation and the shift to digitisation cited as the two main drivers for change, incumbent banks, who have traditionally handled both the core banking side of the value chain and the customer relationship, will now have to rethink their positioning in the market as non-bank players enter the B2B space.

Look out for the rest of the series which will be published throughout the month.