Open Banking in Europe Versus the United States

On this episode of Mr. Open Banking, Eyal is joined by Gavin Littlejohn, Chairman of FData Global, a not-for-profit that leads negotiations between banks and regulators to develop their open banking initiatives all over the globe. Their conversation spans the importance of data rights, creating standards, and the global landscape of today’s open banking movement. By the end of this episode, you will have a better idea of how to take hold of your own financial data and why regulatory standards are vital to today’s open banking movement. 

Specifically, Gavin and Eyal discuss:

The impact of the Revised Payment Services Directive, commonly known as PSD2;

The four building blocks of open banking;

The difference between the UK and United States open banking efforts;

What it means to own your data;

The role that FDATA is playing in evolving the open banking movement.

To learn more about Gavin and his work at FDATA Global, check out the following:

Website: https://fdata.global/

Twitter: https://twitter.com/FDATAglobal

LinkedIn: https://www.linkedin.com/in/fdata-global-34017716b/