Competition Intensifies: AI-Fueled Open Banking Battle between Tech Titans and Financial Institutions Shaping the Finance Landscape
The Open Banking Expo Canada 2025 is set to bring together industry leaders for a series of insightful discussions, and one such event is the Fireside Chat led by Bhuvan Anand. This session promises to offer clarity, vision, and actionable insights into the next wave of financial innovation.
Bhuvan Anand, Director Presales and Solutions at GFT Canada, brings over 19 years of experience in capital markets, digital strategy, and large-scale transformation to the table. His expertise will be instrumental in shaping the discourse around the evolving AI-Open Banking dynamic.
Artificial Intelligence (AI) and Open Banking are advancing at a rapid pace, reshaping the financial landscape. AI enhances financial services by improving customer personalization, automating risk assessments, fraud detection, trading algorithms, and operational efficiency. Open Banking, on the other hand, facilitates secure data sharing between banks and third-party providers, enabling innovative financial products, better customer experiences, increased competition, and more tailored financial advice.
The combination of AI and Open Banking is empowering more intelligent, streamlined, and customer-centric financial ecosystems, driving the future of digital finance. However, the role of these technologies in shaping the future of finance is a topic that will be explored in depth during the Fireside Chat.
The session will also delve into the power struggle emerging between Big Tech and traditional banks in the financial sector. It will provide insights on whether Open Banking is leveling the playing field or creating new divides.
Traditional banks, often characterized as custodians of trust and regulation, are facing pressure to modernize and overcome legacy constraints. On the other hand, Big Tech is characterized by massive datasets, agile platforms, and scalable machine learning. The Fireside Chat will offer strategies for banks, credit unions, and fintechs to remain competitive in a platform-driven world.
Major banks across Europe and the Americas have partnered with GFT to build secure, compliant, and AI-driven platforms. GFT combines global depth with Canadian market expertise to drive Open Banking innovation. The company also enables financial institutions to embrace disruption and lead confidently into the future, focusing on areas like embedded finance and data monetization.
GFT will deliver a Fireside Chat discussing the impact of AI on the balance of power in financial services. The session with Bhuvan Anand will take place on June 17 at 12PM on the Open Finance Stage at Open Banking Expo Canada 2025.
For more information about the agenda, speakers, and exhibition floor, visit the Open Banking Expo Canada 2025 website. The future of finance is being shaped by real-time APIs, AI-powered insights, and the race to control financial data. Don't miss this opportunity to gain insights from industry leaders like Bhuvan Anand.
- Bhuvan Anand, the Director Presales and Solutions at GFT Canada, will lead a Fireside Chat at the Open Banking Expo Canada 2025, discussing the impact of Artificial Intelligence on the balance of power in financial services.
- The Open Banking Expo Canada 2025, set to take place on June 17 at 12PM, aims to bring together industry leaders for insightful discussions, including the aforementioned Fireside Chat.
- Artificial Intelligence and Open Banking are revolutionizing the financial landscape, transforming financial services through improved customer personalization, automated risk assessments, and operational efficiency.
- The Fireside Chat will delve into the evolving AI-Open Banking dynamic, exploring the role of these technologies in shaping the future of finance and competition in the financial sector.
- Traditional banks are grappling with pressure to modernize, overcome legacy constraints, and face a power struggle with Big Tech players in the financial sector, a topic that will be further analyzed during the session.
- GFT, a company combining global depth with Canadian market expertise, will be present at the exhibition, empowering financial institutions to embrace disruption and lead confidently into the future, focusing on areas like embedded finance and data monetization.
- The Open Banking Expo Canada 2025 offers opportunities to learn about real-time APIs, AI-powered insights, technology innovations, and insights from industry leaders like Bhuvan Anand on the global fintech scene.
- To learn more about the event's agenda, speakers, and exhibition floor, visit the Open Banking Expo Canada 2025 website.
