All about the upcoming Open Banking Expo 2023

Open Banking Expo, the award-winning event organizer for its conference series in the UK, Europe, and North America, returns to the Business Design Centre in London on October 18-19. 

On the back of a sell-out show in 2022 – now the only event of its kind in Europe – Open Banking Expo expands to a two-day show and will welcome more than 1,000 executives from the Open Banking, Open Finance, and Open Payments community across the UK and Europe. 

This year, the event culminates with the co-located Open Banking Expo Awards, which celebrates the innovators, disruptors, and visionaries across the globe who have been at the forefront of the Open Banking, Open Payments, and Open Finance revolution. The shortlist will be announced in mid-August.

The event attracts leaders from the UK’s banking sector, including the CMA9 and challengers, alongside fintechs, card and payments providers, business lenders, and regulators. Its seven-stage content offering is poised to drive the next phase of Open Banking and Open Finance in the wake of the recent regulatory announcements, including the arrival of PSD3 and the latest JROC recommendations. 

More than 150 show-stopping speakers are featured on the 60-session agenda, all sharing insight, use cases, and thought-provoking content on how Open Banking and Open Finance can enhance the financial health of consumers and businesses alike.

This year’s event introduces three new conference stages. One of them is the Retail Stage, which will welcome payment professionals from non-financial services industries as they explore how to harness Open Banking payments alongside traditional methods. In recent months, retailers including Holland & Barrett, Topps Tiles, and Williams Trade have deployed Open Banking payments, and the event will seek to demonstrate the cost-benefits in doing so to a new audience. 

To support the Retail Stage, complimentary passes are available to Open Banking-curious payments professionals working for high street and omnichannel retailers, utility and telecoms providers, and the gaming sector.

The Customer Vulnerability Stage launches to host bespoke content for the collections and recoveries sector; its conference sessions will explore the latest developments in collections strategies, including digital debt management, financial inclusion, tackling APP fraud, and identity verification.

The third new stage is dedicated to the Women in Open Banking initiative, with incisive sessions covering critical topics, including bias-free culture, entrepreneurship, mentorship, the latest trends, and initiatives to increase females in leadership positions.

The exhibition floor has expanded to showcase more than 30 exhibitors, which includes the Innovation Zone featuring the ones to watch for Open Banking-powered solutions. Open Banking platform provider Token.io returns for a third year as headline partner.

Todd Clyde, Chief Executive Officer of Token.io, said

“We’re delighted to return as Headline Partner of Open Banking Expo 2023. As Token.io works with the world’s leading payment providers to make ‘Pay by Bank’ a core payment method across the UK and Europe, we’ve never been more excited to demonstrate how Open Banking is changing the fabric of the payments landscape. Entering our third year as the headliner for this event, we’re looking forward to working closely with the Open Banking Expo team to bring together all corners of the ecosystem in London this October at what is clearly one of the most critical points for Open Banking in the UK and more widely in Europe.”

Adam Cox, Co-Founder of Open Banking Expo, said

“This year’s Confex comes at what could be the most important time in the path towards Open Finance. With the recent JROC recommendations for the next phase of Open Banking in the UK and the transition to the UK’s Open Banking future entity expected to start later this year, there is no better time to bring together the Open Banking and Open Finance community. Furthermore, the arrival of PSD3 will revolutionize Open Banking payments, so our Payments Stage is perfectly placed to ensure the industry is ready. We look forward to an expanded show so we can welcome more delegates from financial services and beyond.”

About Open Banking Expo

Open Banking Expo is a global community of Open Banking executives responsible for digital transformation across the financial services sector. The brand organizes face-to-face and virtual events for the UK, North American, and European markets in addition to webcasts, TV episodes, and podcasts throughout the year. Open Banking Expo hosts an online news resource dedicated to Open Banking and Open Finance. It also hosts the Open Banking Expo Hub, a directory of organizations powering Open Finance. 

For more information, visit: http://www.openbankingexpo.com

About Token.io

Token.io is an open banking payments platform driving the shift from card to bank payments with best-in-class, pan-European bank connectivity, data, and compliance capabilities. With Token.io’s toolkit, the best and brightest merchants, PSPs, and banks create new capabilities and revenue streams through our broadest, pan-European connectivity to banks. Token.io is both bank and developer-friendly and multi-standard by design.

For more information, visit: http://token.io

Source: https://www.cryptonewsz.com/all-about-the-upcoming-open-banking-expo-2023/