TechPassport has launched its Enterprise Ready Questions (ERQs) with contributions from fifteen tier 1 financial institutions, including HSBC, Morgan Stanley, and Zopa Bank. ERQs determine whether a FinTech meets the requirements necessary to collaborate with a significant bank or financial institution. The ERQs’ goal is to accelerate the integration of FinTech into financial institutions by streamlining the on boarding process. Partnerships with early-stage businesses are a crucial component of the strategy to create new opportunities for clients and the company, according to Sean Manahan, global head of business development and partnerships at Morgan Stanley. By enabling FinTech to concentrate on making significant contributions and provide value more quickly, it unleashes their innovation potential.
Read More: Leading banks contribute to fintech onboarding with Enterprise Ready Questions
