Open Banking: What can Asia learn from US/European PSD2

Panel Topic
Financial Technology        

PSD2 or open banking is a recent directive that came into effect last year in the UK. It is a programme designed to open up banking data. As with many large initiatives, open banking has experienced many teething problems. The main one being everyone hesitance in sharing rich data to third parties. However, it is not a barrier that cannot be overcome. Asia has started making inroads to open banking and there is much to learn from the US and European markets. Join the discussion and learn how open banking can take traditional banking strides forward in the digital world.