Finos Targets Retail Banking

The open-source nonprofit is looking to leverage its capital markets membership to expand its footprint.

Partnership strategy

The Fintech Open Source Foundation (Finos) is looking to expand its mission to bring in retail financial services providers.

Logically, the foundation will first look to expand relationships with the biggest banks on its roster, which includes Citi, Deutsche Bank, Goldman Sachs, JP Morgan, Nomura, RBC, UBS, as well as many other banks and tech companies.

“It’s been in our vision to expand beyond investment banking into retail banking and, of course, very similar problems can be solved there

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