PANEL - Move at the Speed of Your Customer, Not the Speed of Your Financial Institution (presented by Backbase)

Consumers are gaining more control than ever over their financial information – and that’s a good thing. Open banking fosters competition and reduces market concentration amongst financial institutions; but open banking and real time data requires a large amount of infrastructure changes. Are you ready to explore what Canadian banks and credit unions must do now to get their technology ready for an inevitable future? Are you prepared to be proactive as opposed to waiting, and remain relevant and competitive amid the ongoing rise of third-party apps and fintechs that are already disrupting the Canadian market? Have you defined your strategies and roadmaps and built support and awareness to prepare your bank to drive these initiatives?  

This session will be presented in English.