FRT visits SEB CEO Johan Torgeby in Stockholm, to discuss Open Banking, Artificial Intelligence, advising new high-tech clients, and the emergence of Sweden’s cashless economy.
Johan emphasizes the need for banks to embrace digitization, and to be willing to disrupt themselves. He highlights initiatives such as SEB’s investment in the Tink platform, and the development of a new corporate client segment in high-tech innovative firms. Johan reflects on Sweden’s leadership in implementing new technologies, identifying the necessary prerequisites for successful adoption, and also for ensuring that such developments are enablers for financial inclusion.
Johan also refers to the critical importance of sustainability, how this influences bank product development and the role for green and blue bond taxonomies in helping to promote liquidity.