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Join us for three days of bite-size virtual content November 3-5 2020

OPEN BANKING IS BACK ON THE AGENDA

Now is the time to revisit your Open Banking strategy as Canada’s Department of Finance has signalled its potential to play a pivotal role in the country’s economic recovery

2020 HEADLINERS INCLUDE

Dave Forestell Sue Britton Rizwan Khalfan Lisa Shields Senator Colin Deacon Rami Thabet Kristy Duncan Andrew McFarlane Andrew Moor Eytan Bensoussan

Dave Forestell

Vice President, Office of the CEO, Scotiabank

Dave Forestell serves as Vice President, Office of the President and CEO, at Scotiabank. He has held senior positions in government and private sector. He worked overseas in Chile and Venezuela and speaks fluent Spanish. While in Chile, Dave led corporate affairs and corporate social responsibility for several mining projects and served as Chair of a Joint Venture Board of Directors. Dave Forestell was appointed to the AGCO Board of Directors in December 2018 and is currently Vice Chair. He is currently serving as a Board Member of the Ontario College of Art and Design University. Mr. Forestell obtained his B.A. and LLB from Western University.

Sue Britton

Chief Executive Officer & Founder, FinTech Growth Syndicate

I am wired to solve growth problems through innovation. Listening for customer needs, pains and jobs to be done is the easy part...the hard part is creating new products that customers want, inside or outside a traditional company, and ensuring there is a viable business model (aka make money). Anything is feasible (ok few exceptions). Digital product innovation, fintech foresight and community building, and partnering is my passion.

Rizwan Khalfan

EVP Chief Digital & Payments Officer, TD Bank

Rizwan Khalfan is responsible for setting the strategic direction for all digital and payments activities, while creating more intuitive, personalized and integrated experiences that help customers live their lives. Rizwan's mandate includes partnering with business units across the organization to strategically invest in transformational digital capabilities, overseeing the evolution of the payments ecosystem, and collaborating with innovators, fintechs and start-ups, all with an eye on delivering differentiated experiences to customers and employees.

Lisa Shields

Chief Executive Officer, FI Span

Lisa Shields is the Chief Executive Officer at FISPAN, having founded the company in 2016 after listening to the pain points businesses experienced utilizing bank services. As a visionary CEO with an engineering background, Lisa guides FISPAN through both her mastery of attracting the right talent and building great products.

FISPAN is Lisa’s second financial technology startup -- she founded and led cross-border payouts company Hyperwallet for 15 years. Recognized as a leading global payments platform, Hyperwallet was acquired by PayPal in 2018.

Senator Colin Deacon

Banking, Trade and Commerce Committee, Senate of Canada

The Honourable Colin Deacon’s entrepreneurial background provides a unique perspective in Canada’s Upper Chamber. This Nova Scotian has spent much of his career turning ideas into products and services sold globally.

In 2009, he founded BlueLight Analytics, a company in the restorative dentistry field. The company has successfully commercialized new technologies into dozens of countries and works with most of the major dental multinationals. Until 2006, he served as CEO of SpellRead, which improved reading skills among children and adults, and was one of Atlantic Canada’s fastest-growing companies. Senator Deacon has also contributed to the charitable sector in Halifax, where he has been an active member on the board of several organizations, including those dedicated to children’s health and well-being, mentorship, and celebrating social innovators.

Rami Thabet

Vice President - Digital, Royal Bank of Canada

Rami Thabet is the Vice President of Digital Product at RBC. In this role, Rami leads the team responsible for envisioning, building and delivering industry leading digital products. He is responsible for RBC’s Digital channels, Omni-channel experiences and key capabilities like identity and security, and the API platform.

Kristy Duncan

Chief Executive Officer, Women in Payments

Kristy Duncan is the founder and CEO of Women in Payments. This growing professional network unites women in payments from around the globe with a shared vision of gender parity. Women in Payments supports women’s career development through conferences, award and mentorship programs, and by hosting a growing online community.

Kristy is an avid supporter of her fellow female trailblazers, as investor and advisor to three women-led fintechs. As a respected leader in the field, she’s judged several accelerators, fintech contests, and global awards programs.

Andrew McFarlane

Managing Director, Accenture

Andrew McFarlane has spent six years in Accenture, serving as Delivery Lead and Program Lead for a number of large Banking clients in Ireland and now Canada. He current works in the Industry Relations team in Payments Canada. He specializes in Open Banking and PSD2 where he is Accenture’s Global Open Banking Lead for Consulting. He has given a range of addresses on the topic and published multiple pieces of thought leadership, with the latest focusing on Open Banking & the Commercial and SME customers of banks.

Andrew Moor

Chief Executive Officer, Equitable Bank

Andrew Moor joined Equitable Bank (TSX: EQB) as CEO in 2007. Andrew’s focus in recent years has been in positioning Equitable Bank as “Canada’s Challenger Bank”. Andrew has been establishing EQ Bank as a leading digital banking player, with an easy to use mobile app that offers a unique combination of payments functionality and great savings rates. Equitable Bank is Canada’s ninth largest schedule 1 bank with over $26 billion of assets under management. Equitable was a founding shareholder in Borrowell and participates in the Portage ecosystem through an investment in the Portage II Fund giving the Bank a view into the Canadian fintech ecosystem.

Eytan Bensoussan

Chief Executive Officer, NorthOne

Eytan, co-founder and CEO, deeply believes that the success of the small business sector is one
of the most important causes of our time. It has the potential to reduce income inequality and empower businesspeople of all kinds. Creating a banking service that is as modern to serve these companies is why Eytan founded NorthOne.

Prior to NorthOne, Eytan was a Sr. Engagement Manager for McKinsey & Company. He served many clients in Financial Services industry, usually on the topic of digital customer experience and financial inclusion. Prior to that, he earned his JD/MBA from McGill University and was called to the New York Bar in 2010.

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THE VIRTUAL EVENT EXPERIENCE

SPEAKERS

Innovators, disruptors and visionaries in Open Banking here, and across the globe
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2020 PROGRAM

Three days of bite-sized content to enhance customer experience, innovate your product offering and develop winning partnerships
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FAQs

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VIRTUAL 2020 PROGRAM

All timings are EST

Tuesday 3rd

11:00

Pushing the pedal to the metal in Open Banking innovation- panel brought to you by Symcor

Open Banking has the opportunity to change the face of the Canadian financial services landscape as we know it. In a post-Covid 19 world 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 at a time that has never been more critical. 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. Moderated by Parna Sabet-Stephenson, Partner, Gowling WLG

12:00

HEADLINE SPONSOR PRESENTATION

Content to be confirmed

12:30

POWER NETWORKING

Head on over to the Virtual Partner Booths or connect with fellow participants to discuss all things Open Banking.

13:00

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.

Live Q&A will be moderated by Yassir Jiwan, Digital Innovation Lead, Equifax Canada

13:30

Safeguarding your organization and realizing the 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.

Here we sit down the Large Credit Union Coalition to bring Open Banking to life as we look to the provinces and their role in the future marketplace.

We’ll discuss;

Modernisation; Open Banking could help reduce the costs of complying with the various regulations that exist
Competition; An Open Banking framework creates competition, providing space for smaller outfits. It could therefore increase Canadians’ awareness of the credit union alternative.
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

14:00

From Open Banking to Open Data

This session will discuss the expansion of concepts underlying Open Banking beyond the banking context, both in Canada and in a global context. This will include a discussion of:

– The Australian Consumer Data Right and to what extent there is a Canadian equivalent

– Open Banking-like initiatives in other industries, such as the recommendation in respect of Open Data in the Capital Markets Modernization Taskforce Report

– How Open Banking ties into various “Open Data” initiatives in Canada

Wednesday 4th

11:00

PRESENTATION – 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.

11:30

USE CASE: Europe’s shining light in digital banking

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.

12:00

POWER NETWORKING

Head on over to the Virtual Partner Booths or connect with fellow participants to discuss all things Open Banking.

12:30

EXECUTIVE PANEL DEBATE – Supercharging SME recovery in a post-Covid Open Banking world

The Canadian Federation of Independent Business (CFIB) recently conducted a survey that revealed that while half of small businesses are now completely open, less than 20 percent are earning their usual income for this time of the year. This panel will focus on;

Ensuring economic recovery through Open Banking principles
Access to bespoke and personalised lending products via Open Banking in other regions has surged- what can Canada learn to build its own plan of attack to combat the economic impact from Covid-19
Why wait for regulation? Should we let innovation show us the way to economic success for SME’s?

13:30

The evolving role of a Credit Union and how Open Banking can play its part

Thursday 5th

11:00

FIRESIDE CHAT with the Open Banking Advisory Committee and Toronto Finance International

We welcome Ilse Treurnicht, a member of the Open Banking committee set-up by Finance Canda to the hot set. Here Jennifer Reynolds, President and Chief Executive Officer, Toronto Finance International will discuss the current state of play with the Open Banking review and dive into some of the high level implementation issues. With a delay to the consultations ongoing due to the impact of Covid-19 we take a look at what this means for the industry and what we can expect next.

11:30

Panel: Moving the dial forward in Open Banking- panel brought to you by Axway

This unique panel discussion will bring together a collection of handpicked insights from across the banking, Fintech and regulation ecosystems. On the agenda for this session will be:

If Open Banking is to materialise in Canada how do we eradicate resistance and in some cases, fear?
How do incumbent banks safely and successfully navigate the Open Future?
A market driven by innovation- what can we learn from other regions around the globe?
Canada provides one of the worlds most vibrant FinTech ecosystems- so what are the challenges facing the market today and how do we overcome them?

12:15

POWER NETWORKING

Head on over to the Virtual Partner Booths or connect with fellow participants to discuss all things Open Banking.

13:00

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.

13:45

Open Banking in Canada – an update with TD’s Chief Digital leader, Rizwan Khalfan

Over 12 months on from our last chat, Open Banking Expo sits down with Rizwan Khalfan to take a look inside recent developments at TD as we get the lowdown on the recent aggregator announcement with Finicity and what it means for one of Canada’s major players. Hailed a huge step towards an Open Finance model we’ll let Mr Khalfan set the scene.

14:30

CLOSING KEYNOTE: Make Open Banking a reality now

Canada’s Banks are an essential pillar of a prosperous and inclusive economy. Open Banking is a way to ensure the industry supports the growth of Canada’s economy in the years ahead. Andrew will explore some of the public policy concerns around a central message that now is the time for all of us to move the agenda forward and make Open Banking a reality.