The takeaway from this session is that open banking, or the open data economy, is possible and can benefit consumers. It needs to be managed correctly, with the right technologies and user consent management at its core. Open finance is not just about data sharing but also about collaboration between different parties and leveraging new technologies such as privacy enhancement and consent management to ensure that data is secure. Open finance is an opportunity for Europe, but it needs strong support from all sides to succeed.
Thank you for tuning into our podcast about global trends in the FinTech industry.
Check out our podcast channel.
Learn more about The Connector.
Follow us on LinkedIn.
Cheers
Koen Vanderhoydonk
[email protected]
#FinTech #RegTech #Scaleup #WealthTech