Open Banking – Meeting the needs of the consumer in a new era of banking - ERP Spain.com - España y América Latina

The Panel will discuss how open banking technology is leading to the development of new products and services specifically designed to meet consumer needs. As consumers now control their data, they also have the ability to truly control their finances for the first time. As a result, banks are having to rethink their business models to adapt to this new innovation. Consequently, the financial services landscape is changing – at pace. It’s less than 18 months since OBIE launched open banking in the UK – what is progress to date and what does the future look like? Are consumers beginning to benefit from the innovations yet? What are the challenges and opportunities that lie ahead? How has the financial services sector responded and will survival depend on using the technology as an enabler of innovation? Join us for what will prove to be a lively and informative discussion on the transformative impact open banking is having, and will continue to have, on banking. From consumers through to banks – we are in a new era since open banking technology was launched and the future of financial services is changed forever.