Live panel debate in association with

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LIVE PANEL DEBATE

Open Banking - Myth busting with those setting the pace

Many consider the use of Open Banking data a supplementary offering to their current data sources, some see it as a revolutionary new way of building new data profiles on consumers and are making hay whilst the sun shines and others are flat out refusing to take the leap of faith- is fear of the unknown hindering the adoption of Open Banking? Join our panel of experts as we explore the theory that access to too much data could make lenders more liable to regulatory action.

Speakers include

Ellie Duncan

Ellie Duncan

Emma Steeley

Luke Enock

Luke Enock

Michael​ Hoare

Michael​ Hoare

Noline Matemera

Noline Matemera

Sanjeev Pottay

Sanjeev Pottay

What will be covered?

Data, data, data: This live panel debate will see our panel of chosen experts dispel some of the myths around using Open Banking data including lender concerns of regulatory action due to accessing too much data

From the horse’s mouth #1- Find out how Oakbrook Finance became the first UK lender to return a fully automated Open Banking lending decision and its CEOs hopes and dreams for the future

From the horse’s mouth #2- Learn how My Community Finance is revolutionising the Community-backed personal loans and savings market via Open Banking

You'll hear from lenders who have already implemented Open Banking and how they've used it to re-assess their credit policies and improve credit decisions

How can Open Banking data alleviate pressure on those with variable income? Is this the missing piece of the jigsaw for the gig economy for example?

Equifax will also reveal their latest Open Banking survey results. One result revealed 53% of respondents said they were not planning to use Open Banking data in customer management to identify risks of delinquency - our experts tackle why this might be and how we as an industry can provide assurances around the use of Open Banking data