Is Open Banking Really the Future or is it Privacy’s Worst Nightmare? (Sponsored by PKWARE)

March 24, 2021 3:00 PM

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.
  • 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