Mr. Open Banking

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

What should come first; customer-centric technologies or regulations? In episode two of Mr. Open Banking, Eyal is chatting with Don Cardinal, the Managing Director of the Financial Data Exchange (FDX). Based out of the United States, Don discusses his perspective on the evolution of open banking, led from a customer-centric perspective and the importance of building collective standards when implementing new financial technologies. By the end of this episode, you will understand the term ‘screen scraping,’ why APIs are a better way to move forward, and the need for customer-centric design amongst financial products. Specifically, Don and Eyal discuss: Why the term “open banking” isn’t commonly used in the United States;The importance of API’s to unify financial institutions;How FDX approaches the idea of a global standard; The five key principles to follow when developing an effective open banking standard;Whether or not open banking is simply a set of regulations.To learn more about Don and his work at FDX, check out the following:Website: www.financialdataexchange.orgTwitter: https://twitter.com/fdxorgLinkedIn: https://www.linkedin.com/company/financial-data-exchange/

The podcast dedicated to open banking, our podcast strives to be one of the key voices in the global open banking community. The goal of the show is to educate people on how the world of finance is being shaken up by open banking, ultimately giving them more ways to save their money, move money around and improve their financial well-being.