Open Finance understanding is strengthened through the collaboration between FDATA Global and the Open Banking Expo.
The Financial Data and Technology Association (FDATA) Global and Open Banking Expo have formed a media partnership to enhance global industry engagement on Open Finance. This collaboration aims to amplify industry discussions and promote interoperable, well-governed, and regulatorily harmonized consumer-driven data access in financial services.
The partnership will see the FDATA Global Open Finance Summit, scheduled for May 5, 2025, in Washington, D.C., and Open Banking Expo's regional summits in New York City, Toronto, and beyond, work together to shape the future of Open Finance across markets.
Adam Cox, co-founder and managing director of Open Banking Expo, and Steve Boms, executive director at FDATA North America, will lead these events. The summits will convene policymakers, financial institutions, fintechs, and regulators to discuss key topics such as strategic and compliance readiness for new data access regulations, challenges and opportunities in open banking frameworks, consumer rights concerning financial data control, and the development of shared data access schemes with binding rules and security standards.
The FDATA Global Open Finance Summit will also highlight policy trends, consumer data rights, and emerging technologies. These events emphasize the expansion of open finance beyond payments to include savings, mortgages, investments, pensions, insurance, and other financial products, fostering an open data economy with real-time data sharing backed by industry collaboration.
The joint coverage by FDATA Global and Open Banking Expo will help educate stakeholders and accelerate industry-wide progress. Open Banking Expo Canada is scheduled for June 17, 2025, in Toronto, while Open Banking Expo USA is set for June 26, 2025, in New York City. Both events gather leaders from across financial services, providing key platforms for fostering regulatory clarity, innovation, and collaboration.
By elevating the voices of financial innovators, regulators, and thought leaders, this media partnership aims to increase global industry engagement and discussions around Open Finance. The partnership supports these events, ensuring that insights, policy developments, and key takeaways from each event reach a global audience of industry stakeholders.
Sources: [2] Open Banking and Open Finance: A Global Perspective (World Economic Forum, 2023) [3] The Future of Open Finance: A Regulatory Perspective (FDATA Global, 2024)
- The Financial Data and Technology Association (FDATA) Global and Open Banking Expo formed a partnership to augment global industry engagement on Open Finance.
- This collaboration seeks to magnify industry discussions and encourage interoperable, well-governed, and regulatorily harmonized consumer-driven data access in financial services.
- The partnership will work together to determine the future direction of Open Finance across markets, as seen in the FDATA Global Open Finance Summit and Open Banking Expo's regional summits.
- Adam Cox and Steve Boms will lead these events, bringing together policymakers, financial institutions, fintechs, and regulators to discuss key topics like data access regulations, open banking frameworks, and consumer data control.
- The FDATA Global Open Finance Summit will highlight policy trends, data rights, and emerging technologies, emphasizing the expansion of open finance beyond payments to savings, mortgages, investments, pensions, insurance, and other financial products.
- Open Banking Expo Canada and Open Banking Expo USA will be held in June 2025, fostering regulatory clarity, innovation, and collaboration in the finance industry.
- By raising the profiles of financial innovators, regulators, and thought leaders, the media partnership intends to stimulate global industry engagement and facilitate discussions around Open Finance.
- The partnership aims to disseminate insights, policy developments, and key takeaways from each event to a global audience of industry stakeholders, referencing sources like the World Economic Forum and FDATA Global for insights on Open Finance and its global implications.
