Open banking rulesets will be reviewed to understand a roadmap to compliance and open banking and how to build a program to meet these emerging requirements. A sample open banking policy will be reviewed that can be used as a starting point for the board, information security officer, and C-suite personnel at the institution. This webinar is not for technologists but for leaders to understand open banking and develop a strategy for their institution.
What You’ll Learn
- Overview of open banking
- Comparison of traditional banking vs open banking
- Review of an open banking ecosystem
- Understanding of the APIs
- Review of the CFPB 1033 ruleset
- Understand how to authorize a third-party to access consumer data
- Review an open banking strategic roadmap appropriate to the size and complexity of your financial institution
- Review of an open banking policy
Who Should Attend
This session is ideal for boards and directors, presidents/chief executive officers, C-suite personnel, information security officers, compliance officers, privacy officers, and IT risk officers.