Open Banking Sydney 2019
16 - 18 October, 2019
| Sofitel Sydney Wentworth, Sydney, NSW
Dominic Ng
Service Designer Volt BankConference Day Two: Friday, 18th October 2019
11:10 AM How Volt Bank Are Building The Foundations of Trust and Privacy in Open Banking
While the focus for Open Banking is heavily on preparing technological capabilities and identifying the best use cases to create new products, Volt Bank have acknowledged that it is first crucial to address the ethical quandary of sharing customer data. This involves ensuring privacy when sharing data through APIs as well as simultaneously looking to improve customer awareness around how and why their data will be used.
- Strategies for building customer education and awareness around Open Banking
- Transparency when handling customer data: the dangers of not addressing this
- Volt’s ethical policies and governance around Open Banking
1:10 PM PANEL DISCUSSION: Credit Unions & Small-Medium Sized Banks - Plans, Strategies & Future State Ambition In the Open Banking Ecosystem
Open Banking is set to impact financial institutions at different stages of legislation. Though the larger banks will be impacted first, smaller and medium sized banks will be able to learn from the first stages of implementation and ready themselves to best leverage the opportunities for growth and innovation from Open Banking. In this discussion leaders in the space will share their thoughts on ambitions and plans.
- Opportunities and value to be leveraged from Open Banking
- Future state– where we want to get to and what our timeframes are
- Structural and security considerations of preparing for OB
- Opportunities for partnerships with other banks and third parties
- Challenges, both current and anticipated and solutions to them
Facilitator:
Check out the incredible speaker line-up to see who will be joining Dominic.
Download The Latest Agenda
