Open Banking Expo, Canada 2020

June 9 2020, Toronto

Headline partner

Equifax-Logo-White-Transparent_600

Open Banking Expo Canada offers financial services leaders insight and advice on the ‘when’ - not ‘if’ - Open Banking is implemented

As the government plans for the second phase of its Open Banking consultation, implementation and a working roadmap is high on its agenda. Hear direct from the Government what you can expect in order to plan your strategy.

Alongside the big names in financial services here in Canada, the event returns featuring trailblazers in other markets who will reveal their Open Banking progress. Discover the secrets to their success and the challenges they overcame in the path towards product innovation and customer adoption.

With the general election behind us, it is time to take stock, prepare for launch and put in place the building blocks for a successful Open Banking implementation Canada.

What’s new for 2020?

Transatlantic case studies to put theory into practice

More networking time to discuss the issues at heart with fellow peers

Open Banking and credit unions – content tailored specifically for credit unions

Dave Forestell

Dave Forestell

Bill Johnston

Kristy Duncan

Eyal Siven

Eyal Sivan

Mayank Mishra

Mayank Mishra

Rami Thabet

Hetal Popat

Hetal Popat

Martha Durdin

Martha Durdin

Steve Boms

Steve Boms

Adam Cox

Todd Clyde

Todd Clyde

Andrew McFarlane

Andrew McFarlane

Rizwan Khalfan

Rizwan Khalfan

Ali Niknam

Ali Niknam

Andrew Moor

Andrew Moor

Agenda

08:00

REGISTRATION AND NETWORKING

08:30

WELCOMING REMARKS

Managing Director, Open Banking Expo
VP Data, Analytics, Products and Solutions, Equifax Canada
08:35

CHAIR’S WELCOME

Chief Executive Officer, Women in Payments Association
08:40

OPENING KEYNOTE

Speaker(s) to be announced shortly

09:10

EXECUTIVE PANEL DEBATE

Open Banking has the opportunity to change the face of the Canadian financial services landscape as we know it. Senior digital leaders and policy makers will provide healthy debate, insight and opinion as the market continues to prepare for the largest digital transformation in a generation. With the second phase of the Open Banking consultation soon to launch, our panellists will deep dive into the current rate of evolution and field questions on what the Open Banking roadmap might look like as the Government prepares to consult on implementation.

Eyal Siven
Panel moderated by: Eyal Sivan
Head of Strategic Platforms, Enterprise Architecture, CIBC
Vice President- Digital, Royal Bank of Canada
Mayank Mishra
Managing Director, Global Head Digital, Citi
Steve Boms
Executive Director, FDATA Canada
Rizwan Khalfan
EVP, Chief Digital and Payments Officer, TD Bank
Dave Forestell
Vice President, Office of the CEO, Scotiabank
10:00

TRANSATLANTIC USE CASE – from prototype, to first mover, to consumer adoption

HSBC in the UK has led the way in Open Banking innovation and delivery since the Competition & Markets Authority order came into play in January 2018. Via partnerships and innovation by design the organisation’s Open Banking Director will reveal for the first time the highs and lows of their journey and the challenges they have faced.

Hetal Popat
Open Banking & PSD2 Director, HSBC UK
10:30

REFRESHMENTS & NETWORKING

10:50

Are you ready to take first mover advantage?

In a recent Open Banking survey undertaken by Accenture, it was reported that most Canadians aren’t yet interested in the benefits of Open Banking, although a closer analysis of the data shows that younger people are much keener to share their financial data in exchange for benefits.
“Banks, therefore, should act now to draw up a strategic plan and decide where in the broader Open Banking ecosystem they want to position themselves,” said Andrew McFarlane, Managing Director, Canadian Payments Practice Lead & Global Open Banking Lead.
We welcome Andrew to the stage, who will offer delegates a thought-provoking session which will challenge whether the industry is ready and sufficiently innovative to take first-mover advantage.

Andrew McFarlane
Managing Director, Accenture

11:40

USE CASE: Europe’s leading Payment Initiation Service Provider (PISP)

In June 2018 Token made history by becoming the first licensed Payment Initiation Service Provider (PISP) to conduct an end-to-end payment through a public bank API. Since inception Token continues to set the pace in the Open Banking playing field connecting in with the highest volume of banks globally. Here its CEO will take delegates on a journey from concept to delivery.

Todd Clyde
Chief Executive Officer, Token
12:05

European Keynote

One of Europe’s ace players in the Open Banking market reveals its ingredients for success when it comes to hurdling regulation and compliance issues, driving adoption and competing at the top of the innovation tree.

Ali Niknam
Founder & Chief Executive Officer, bunq
12:30

NETWORKING LUNCH

13:10

Fireside chat with Finance Canada

One year on from the Department of Finance’s consultation on the merits of Open Banking in the Canadian financial services sector, we welcome a Government representative to reveal its plans for implementation, data security and its stance on a potential Open Banking roadmap.

 

Speaker(s) to be announced shortly

13:40

Credit Unions; top 3 benefits of Open Banking

The Canadian Credit Union Association (CCUA) participated in the Department of Finance’s 2019 consultation on the merits of Open Banking. It found that Canadian credit unions are supportive of the introduction of an Open Banking regulatory framework to benefit their members and Canada as a whole.

Top 3 benefits include:

  1. Modernisation; Open Banking could help reduce the costs of complying with the various regulations that exist
  2. Competition; An Open Banking framework creates competition, providing space for smaller outfits. It could therefore increase Canadians’ awareness of the credit union alternative.
  3. Digitization and Digital ID; Open Banking should be introduced in lockstep with or after the implementation of a cross-sectoral Digital ID system. Doing so will increase trust and better socialize and expose Open Banking to Canadians

Open Banking Expo welcomes CCUA’s chief executive officer to reveal their latest thinking and what members can do now to harness the opportunities Open Banking will create when it is given the go ahead.

Martha Durdin
President and CEO, Canadian Credit Union Association
13:50

Closing Keynote

Andrew Moor
Chief Executive Officer, Equitable Bank

2019 Highlights

Venue

Vantage Venues

150 King St W, Toronto
ON M5H 1J9

Directions