Open Banking: strategic considerations of Lloyds Banking Group

Open Banking provides the building blocks of a connected digital economy through a set of standards and regulations. It aims to shift the focus of the financial industry from building utility services to enabling seamless customer experiences. In this talk, we will reflect on the Open Banking journey of Lloyds Banking Group, where we’ll discuss strategic opportunities and challenges, offer insight into our first experiences with fintechs and share the Group’s vision of Helping Britain Prosper through Open Banking.