10th November TUESDAY
Why is now the time to innovate with Open Finance?
The ‘Amazonification’ of financial services is truly a game changer for businesses and individuals alike. With Open Finance, businesses (in any industry) now have the opportunity to develop innovative propositions that use the sectors’ resources, without the capital and regulatory burden of becoming a direct participant in the regulated financial services markets - just as Amazon Web Services has enabled the explosion of SaaS businesses over the last decade.
Previously siloed aspects of financial services data, such as mortgages, consumer credit, bank accounts, investments, loans, savings, pensions and more can now be seamlessly connected thanks to the power of Open Finance and innovative TPP’s (Third party providers).
As Angela Strange, general partner at Andreessen Horowitz, predicts “nearly every company will derive a significant portion of its revenue from financial services” and in the not-too-distant future too.
Find out how you can innovate on 10 November between 09:00-11:00am.