Day 2 of Open Banking Expo London kicked off with a Fireside Chat between Luis Miguel Zapata, Vice President, Digital Ecosystems, Bancolombia and Lauren Jones, Director Market Development, Open Banking Exchange.
Luis Miguel shared how Bancolombia will be embracing the regulatory aims of innovation, competition and financial inclusion as the market continues on its open journey.
The 5th version of Latam Fintech Market, one of the most important industry events in the country, took place in Barranquilla, Colombia on 28 & 29 September 2023.
Lauren will be discussing how to balance innovation and business standards with esteemed speakers from Swift and the Bank of England at the Standards Forum, on Tuesday 19 September 2023.
PLS EU will be taking place 12-13 September at the Hilton Rotterdam and will get into the topics on the European agenda.
On Tuesday 11 July, OBE held a member-only roundtable. If you’d like to get involved with the work we are doing with the Open Banking
Mexico has had its Fintech Law since 2018 but open banking has failed to see much progress. There have been legislatives hurdles, regulatory challenges and even lawsuits but the Mexican journey is far from over.
Open finance and therefore the exchange of data in a consented way have entered the scene, becoming a competitive advantage when offering financial products and services.
Regulations like PSD2 and GDPR foresee access to data, but not to its fullest. This targeted consultation aims to gather evidence and stakeholder views on various aspects of the state of play, further development of open finance in the EU, and adequate customer protection.
Esteemed panellists from DG Fisma, European Commission, the Bank of Israel, the Australian Competition & Consumer Commission and the Central Bank of Brazil discuss the regulatory considerations for implementing open finance ecosystems.
OBE has played a vital role running information sessions and working groups that have delivered the rules and standards. Moving forward, OBE will play the role of the “Pilot Administrator” and will support and manage the pilot.
What are the key principles that should guide Europe on its journey from open banking through to open finance and beyond?
About this working group The Open Finance working groups, organised by the Chilean regulator, the CMF, to execute the structuring, development and launch of Fintech
Open finance is one of the most promising new chapters in fintech. But shifting to open banking requires significant resources and banks often tend to see no immediate benefits.
There are now over 65 open banking or open finance programmes either live or in-development globally. The industry has come a long way since 2014,
With Colombia’s official launch of its Open Data strategy last Friday, Latin America furthers its bet on data as an enabler of progress. Along with
On Thursday 08 June, OBE Latam held a member-only working group discussing the SFC Standards.
In 2016, I wrote a LinkedIn article “Scheming about standards” which talked about the need for a scheme management function for Open Banking and PSD2. The
And so the firing gun for regional open banking initiatives has been fired. Four fintech associations in Latin America (Chile, Colombia, Mexico and Peru) launched the Open Finance Standard for the Pacific Alliance at the Chile Fintech Forum in Santiago on 17 May 2023.
Join Open Banking Exchange’s Managing Director, John Broxis at the Berlin Group Open Finance Conference 2023 on 23 & 24 May.
Lauren Jones will act as Chair Elect until November 2023, when the outgoing Chair has served his term.
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