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Payments Lab: Dissecting the Future Entity Working Group report to JROC: What next for open banking?
December 14, 2023 @ 10:00 am - 11:00 am
GMT
Join us on Thursday 14th December from 10:00 – 11:00 am GMT for our latest Payments Lab: Dissecting the Future Entity Working Group report to JROC: What next for open banking?’
This event is a unique opportunity for members to engage with The Payments Association’s open banking experts that helped to shape the ‘Future Entity Working Group’ report, providing recommendations for transition to a future open banking entity to the Joint Regulatory Oversight Committee (JROC).
The report was produced as a result of extensive cross-industry collaboration between stakeholders across the payments value chain seeking to shape a future entity that supports JROC’s key priorities:
- Establishing a sustainable and competitive footing for the ongoing development of the open banking ecosystem so that it can grow beyond the current functionalities and bring further benefits to end users
- Unlocking the potential for open banking payments
- Adopting a model that is scalable for future data-sharing propositions
Our experts contributed across three working groups, delivering recommendations on the design a future open banking entity focussing on: ‘funding’, ‘capabilities’ and ‘governance’.
Our speakers will dissect the findings of the report, what it means for the industry, including:
- Key report recommendations
- Next steps for industry stakeholders
- The impact of the recent ‘Future of Payments Review’ and ‘National Payments Vision’
If you wish to submit any questions ahead of the event please email [email protected]
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