Technology

Posted on August 14, 2019 by staff

Open Banking Expo returns to London

Technology

Leaders and experts from financial services, FinTech and regulation will share the lessons learned from a year of the new technology.

Open Banking was introduced by the government last year to encourage the development of new financial products and services to provide more choice for customers.

This year’s event is again headlined by the developer of Open Banking API, OpenWrks, and will be held on Wednesday, 13th November 2019.

Speakers from banks including Lloyds, RBS, Santander and American Express will join challenger bank heads from Starling and Tandem.

Open Banking Expo’s managing director Adam Cox said the technology had potential to improve people’s lives through new tools and services.

“Now in its second year, the Expo is a unique forum to explore how Open Banking will change financial transparency and choice for consumers,” he said.

Managing director of headline partner OpenWrks, Olly Betts added: “The next twelve months are set to be the most exciting yet. With consumer awareness on the rise, the impact that Open Banking has for the people that can truly benefit from it is more apparent than ever.

With the launch of businesses such as Tully and Toucan that use Open Banking as a force for good, the true value is only just being realised.”