Business banking chief execs from Barclays, Santander and Tide discuss impacts of open banking
In the context of open banking and PSD2 developing rapidly next year, and with new players changing the pace of innovation in a growing eco-system, getting a comprehensive business banking strategy is top of mind for many banking leaders.
For the first time, Barclays, Santander, Tide and Starling Bank chief executives will join on a panel to discuss overcoming the complexity of changes in the market, in particular, open banking and new regulations, how partnerships with FinTechs should work, and how to seize the opportunity to stay ahead.
This panel will take place at the RFi Group UK Business Banking Forum in London on 1
stFebruary 2018, one of the market’s few conferences solely dedicated to the SME and Commercial banking space.
- George Bevis, CEO, Tide
- Anne Boden, CEO, Starling Bank
- Miles Cheetham, Head of Customer Engagement, OPEN BANKING
- Sue Douthwaite, Managing Director, Business Bank, Santander
- Ian Rand, CEO, Business Banking, Barclays
Charles Green, CEO, RFi Group explains: “
From January, all eyes will be on the realisation of open banking within the UK, and the commercial banking side is just as ripe for disruption as the retail banking sector. The opportunity for new players in the underserved SME market increases, as well as innovations across corporate banking in how data can be used to benefit businesses. This Forum comes at a crucial time and allows the industry a chance to come together to discuss exactly what the future holds.”
The Forum will examine the full spectrum of strategic themes across SME and Commercial banking including; an agile approach to innovation, understanding the right service model, creating the best payment experience whilst maintaining the best security, alternative lending opportunities and integration of services for a more holistic offering.
Ian Rand described Barclays’ intentions around open banking in an exclusive interview for the UK Retail Banker: “
When we sat down and reviewed the horizon for all the emerging technologies, we quickly realised that the ubiquity of APIs, and the emergence of open banking legislation, had the greatest potential to lead to new products and services, and competitors… Therefore, we focused our strategic investment on open banking and data. The trick is to build the infrastructure first, to take advantage of these services, and I am very pleased with how ready we are for open banking next year.”
Tickets for the full day event are £295 for banking executives, and can be purchased at:
https://www.businessbankinguk.com/
