When it comes to both FinTech and open banking, the UK is leading the charge globally. In this episode, Eyal sits down with one of the key figures behind the country’s leadership in financial innovation: Charlotte Crosswell, the newly appointed Chair and Trustee of the Open Banking Implementation Entity (OBIE), which is the organization responsible for bringing open banking to the UK and acting as a shining example for the rest of the world. During their discussion, Charlotte shares her perspective on the UK’s strong FinTech reputation and how it’s evolved throughout her 25-year career serving in key leadership roles at the intersection of financial services, regulation and technology. She also offers her position on the UK’s national digital strategy, the factors that led to the UK’s success and the importance of a strong and inclusive culture. Finally, Charlotte offers her advice to peers in other regions hoping to help usher in this new age of open banking.
Specifically they discuss:
The UK’s FinTech landscape
Charlotte’s time as CEO of Innovate Finance
The UK’s national digital strategy
The driving factors behind the UK’s open banking success
The importance of culture in open banking
The next incarnation of the OBIE
The future of open banking on a global scale
Charlotte’s advice for other practitioners aiming to adopt open banking
The implications of smart data on businesses and individuals
