Open Data, Open Banking: Creating a More Competitive Financial Services Ecosystem

Open Data, Open Banking: Creating a More Competitive Financial Services Ecosystem

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Technological advancement and the proliferation of mobile devices has led to an explosion of data that is driving FinTech innovation. In an effort to increase competition in financial services, governments around the world are implementing data access and portability regimes to make banking more inclusive, competitive, and transparent. What can the US learn from such "open banking" efforts? In order to remain both innovative and internationally competitive, what type of data governance should American policymakers consider? What does this mean for banks, FinTechs, and Big Tech platforms?

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Moderator

Melissa Koide
Founder and CEO, FinRegLab; Senior Advisor, Milken Institute

 

Speakers

Gilles Gade
Founder, President and CEO, Cross River

 

Sima Gandhi
Head of Business Development and Strategy, Plaid

 

Sahil Kini
Co-Founder and CEO, Setu

 

Craig Schachter
Global Head of Fintech Ecosystem, Finastra