Open Banking: Business beyond regulation

"Banking is necessary, banks are not," Bill Gates used to say. But 20 years later, banks are still here, stronger than ever. In 2008, they even survived the biggest financial crisis of the last century. However, since 2010, banks have been facing the global digitization of the economy.

 

13 November 2019
London, United Kingdom
Open Banking: Business beyond regulation

Summary of the event

There is a solution to keep up with internal agility challenges and external challenges to cooperate with new companies and partners. This solution is the application programming interfaces (APIs).

 "In 2000 you needed a website, in 2010 you needed a mobile app, by 2020 you would need an API," John Musser, founder of Programmableweb.com.

Under the recent PSD2 directive that forces banks to open APIs to third parties, banking and fintech players have a great opportunity to lead the market. The industry is ready to host the next generation of financial services: Open Banking. Banks now have a programmable channel to talk to other banks, B2B partners, new companies, and developers to create the next generation of applications clients want.

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Date

13 November 2019

Location

The Mermaid London Puddle Dock London EC4V 3DB UK

London, United Kingdom

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Language

English

Place of the event

The Mermaid London Puddle Dock London EC4V 3DB UK London, United Kingdom More info

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