What Will Be the Future of Fintech-Bank Partnerships in the Open Banking Era?

Rubikpara CTO Barış Kırgıç Çakıroğlu discussed the future of fintech-bank partnerships in the era of open banking. Çakıroğlu stated the following:

The notion of rivalry between banking and fintech has effectively been overcome in our sector. As fintechs, we operate in the payments space through close collaboration with banks, and our partnerships with them—particularly regarding payments—are steadily increasing. The payments segment, which was previously limited to virtual POS, is now expanding to include physical POS, SoftPOS, various QR-based solutions, and other diverse methods. Looking at the long term, once the regulatory framework enables fintechs to utilize open banking services to deliver the solutions banks provide to end-users and merchants, we will see significant customer acquisition for both banks and fintechs. At Rubikpara, we eagerly look forward to keeping pace with this transformation.