Open Banking
Understanding Open banking and Digital Banking
Description
Programme Title Open Banking
Programme Objective
Recently the banking industry has been changing due to the emergence of new players. These new companies are leveraging mobile and social technology to differentiate themselves, utilizing technology like smartphone applications to provide customers with a faster and personalized banking experience. Open banking is the next wave of digital transformation, transforming the entire financial ecosystem to create new business products, models and also finding new ways to enhance customer experience. This course aims to provide an overview of how open banking and platforms are changing the banking industry.
Programme Outline
On completion of the course, participants will be able to understand
● The basic concepts of open banking.
● The technology behind Open Banking.
● Key pillars that enable open banking to function.
● BaaS- Banking as a service, comparison between BaaS and Open Banking.
● Platform Banking - A new business model for banks.
● The impact of open banking on financial services.
● How open banking has opened doors to financial inclusion in various countries?
● What are the various risks associated with open banking?
● Open Banking around the world- Viewpoints from Singapore, Asia and Europe
Training Methodology
Live Webinar with theory, polls, case studies, group discussions and multimedia-sharing.
Intended For
This course is intended for Banking professionals, CEOs, Finance Managers, Consultants. Strategists, regulators, Risk officers, heads of start-ups and FinTech professionals. Those who are interested to acquire valuable insights into this subject matter are encouraged to as well.
What You Will Learn!
- The basic concepts of open banking
- The technology behind Open Banking
- Key pillars that enable open banking to function
- BaaS- Banking as a service, comparison between BaaS and Open Banking
Who Should Attend!
- Fintech enthusiasts