Big Tech vs Big Banks: The AI-Open Banking war that will decide the future of finance

We all know, the future of finance isn’t being shaped in boardrooms alone, it’s unfolding through real-time APIs, AI-powered insights and a high-stakes race to control the flow of financial data.

As artificial intelligence and Open Banking advance at breakneck speed, a new power struggle is emerging. On one side: Big Tech, armed with massive datasets, agile platforms and scalable machine learning. On the other: traditional banks, custodians of trust and regulation, now pressured to modernize and overcome legacy constraints.

This isn’t just competition. It’s a defining moment. Who will lead the next era of finance, and more crucially how?

At Open Banking Expo Canada 2025, GFT will deliver a forward-looking Fireside Chat that dives deep into the evolving AI-Open Banking dynamic. Expect bold perspectives and practical insights on:

• How AI is reshaping the balance of power in financial services
• Whether Open Banking is levelling the playing field or creating new divides
• What strategies banks, credit unions, and fintechs need to stay competitive in a platform-driven world

GFT’s Bhuvan Anand

The Fireside Chat will be led by Bhuvan Anand, director presales and solutions, at GFT Canada. With over 19 years of experience across capital markets, digital strategy, and large-scale transformation, Bhuvan has helped Tier-1 banks modernize end-to-end, from core infrastructure to customer channels. His focus: aligning business outcomes with technology capabilities to drive agility, compliance and sustainable growth.

GFT combines global depth with Canadian market expertise to drive Open Banking innovation. Major banks across Europe and the Americas have partnered with GFT to build secure, compliant and AI-driven platforms that harness new revenue streams and accelerate transformation.

From embedded finance to data monetization, GFT enables financial institutions to embrace disruption and lead confidently into the future.

Be part of a session that brings clarity, vision and actionable insight to the next wave of financial innovation.📍 Catch Bhuvan Anand on June 17 at 12PM | Open Finance Stage

Click here to find out more about the agenda, speakers and exhibition floor at Open Banking Expo Canada 2025.