Open banking has shaken up the financial services industry and has been considered a game-changer to the industry over the past couple of years. While open banking brings a significant benefit to consumers, there is still a concern for the privacy and security of this technology.
This session will look at:
- The current landscape of open banking
- How robust are banks' security measures that enable third parties to monitor APIs and data?
- What controls are in place to enforce consumer decisions on third party data access, and how are financial organisations verifying third parties to make sure rules are being followed.
- The current regulations and what the penalties are for violations.
Host
Speakers
- Zoe Wagner, Attorney, Schiltz & Schiltz S.A.
- Guillermo Iribarren, Data Protection Officer Spain, Opel Bank, S.A.
- Asheeta Regidi, Head- Fintech Policy at Cashfree | CIPP/E/A | Author