Perspectives

Episode 10: Open Banking: How much will it change the financial services sector?

Regulated Radio podcasts

This month, Valeria Gallo, FinTech expert in Deloitte’s EMEA Centre for Regulatory Strategy (ECRS), joins us to cut through all the buzzwords and give us her views on how Open Banking, and eventually Open Finance, might actually change the financial services sector. Tune in now to hear the latest about what could be one of the most important regulatory trends driving customer-focused innovation in financial services. This is a show FinTech fans will not want to miss.

Key questions:

  • How has the market for financial services changed since the introduction of Open Banking in Europe and the UK?
  • What new financial services products could Open Banking generate?
  • What are some of the related data protection and data ethics concerns that are most pressing for regulators?
  • Can we expect regulators to do more to encourage greater competition among financial services providers?
  • Is Open Banking the first step in the opening up of financial services more broadly?

We live in the era of Open Banking. This brave new world where customer data can be shared with almost any competitor heralds a long-term trend of better products, better prices and better value for your money.

That's the promise anyway.

Speakers

Valeria Gallo
Senior Manager
EMEA Centre for Regulatory Strategy

Valeria is a Senior Manager in the EMEA Centre for Regulatory Strategy. Her focus is on regulatory initiatives related to payments and FinTech.

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Scott Martin
Senior Manager
EMEA Centre for Regulatory Strategy

Scott is a Senior Manager in the Centre for Regulatory Strategy advising on international banking regulation, with a particular focus on bank capital, strategy, cyber risk and public policy-making processes.

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Transcript

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