Meet the Speakers for the Webinar who will take you on an insightful journey into the World of Open Banking.
Sanjeev Kumar, @whitesight_
Aamir Janjua, @aiondigital
Tanja Imamovic, @RBI_Presse
Richard Koch, @UKOpenBanking
Jennifer Lau, @spire_tech
Richard Koch from OBIE @ukopenbanking speaking about the emergence of Open Banking in the UK. Emphasising on consistency and performance of APIs by the OBIE.
It isn't the bank's data, it is the customer's data. They should be able to access it in a way that benefits them and not the financial institutions holding the data.
Open banking is lowering the barriers of entry for new start-ups and challenging the traditional models of financial services. Aamir Janjua, Aion Digital @aiondigital
Tanja Imamovic from Raiffeisen Bank @RBI_Presse
talks about the benefits of a regulator-led approach for Open Banking by giving insights into the PSD2 adoption in Austria. #openbanking#webinar#banking
Risks of regulator led approach - banks may simply treat it as regulation and not take a step forward to innovate and truly open up. Open Banking is all about accessing customers data - regulations play a key role in this aspect.
Industry participants innovating + regulators protecting consumer interest = Collaborative approach towards Open Banking is a win-win for all
Aamir Janjua of Aion Digital @aiondigital highlights the innovation happening in the GCC markets with regulatory sandboxes, innovations hubs and more.
Bank Topazio is a prime example of opening up bank assets. It partners with more than 50 fintechs through its open APIs.
What needs to happen is a mindset shift for Open Banking transformation to truly set in. Regulatory support along with innovation from industry participants will be the game-changer.