Open Banking: What is it and what does it mean for banks and consumers?
Open Banking has been described as a revolution in the banking industry, where customers will be able to share their banking data with third parties. New financial service providers (such as Fintechs), will play a far greater role within the banking ecosystem offering new propositions to customers. So what is Open Banking and what will it mean legally for consumers, business banking customers, banks and third parties?
Neil Campbell, Managing Legal Counsel and Stewart Bingham, Senior Legal Counsel, RBS Legal will provide you with a background to Open Banking, highlight the challenges and opporutunities that it presents and discuss current issues that are arising and how they are being met.
Join them to explore the forefront of new developments in the banking industry and gain insight into complex regulatory landscape for Open Banking.
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Why should I tune in?
After watching this webinar, you will gain:
- Greater understanding of Open Banking
- Insight into the potential impact on the banking industry and clients as consumers
- Insight into the complex regulatory landscape
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This webinar is an ideal update for anyone with an interest in the financial services sector, Fintech or innovation. Whether you’re working in-house or in private practice, this webinar will give you the opportunity to understand the impact of Open Banking on your organisation or clients.
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 | Stewart Bingham
RBS Legal
Stewart Bingham is Senior Legal Counsel in the Personal & Business Banking Legal team at RBS. Stewart supports the bank’s consumer and SME product businesses with a focus on product launches, rationalisation activities, regulatory change projects and product/service innovation initiatives. He provides legal support to the mandatory change programmes delivering the output of the CMA’s Retail Banking Market Investigation and implementing PSD2 across the bank’s SME products business.
Stewart joined RBS in 2012, having previously worked in private practice as a banking solicitor. | | |  | Neil Campbell
RBS Legal
Neil Campbell is a Managing Legal Counsel in the Services Legal team at RBS, which specialises in IP/IT Law. Neil provides strategic and transactional support on a variety of technology and innovation projects, with an increasing focus on FinTech and Open Banking. He has also built up significant legal expertise in relation outsourcings, data migration and supporting the bank’s divestment and restructuring programmes. Neil also takes a leading role promoting RBS’ pro bono and social inclusion programmes.
Neil joined RBS in 2006 having previously spent 6 years in Sydney, Australia. | | |
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