Payments Lab (C-suite): Is open finance an opportunity or risk?

Open finance is the next step in the open banking journey. More consumers and businesses are using it to make and receive payments with ease: but does that pose more risk or is it an opportunity for the industry?

Payments Lab is a virtual editorial roundtable, brought to you by The Payments Association. At each roundtable, we will be delving into an insightful conversation with members about some of the latest trends and challenges facing the industry.

The discussion will cover:

• How is open finance benefitting businesses and consumers?
• What are the risks and challenges with open finance and how are businesses addressing this?
• Can open finance be used to address other industry wide challenges such as tackling fraud? If so, how?
• Do the recommendations in the JROC report apply to open finance? If so, how? If not, why not?

Interested in taking part? Register your interest now.