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Vincent Brennan, head of group operations and payments, Bank of Ireland and chair of the OBWG comment
June 24 · Issue #94 · View online
Vincent Brennan, head of group operations and payments, Bank of Ireland and chair of the OBWG commenting on the Euro Banking Association’s creation of an industry-led coalition to drive digital consent management and data exchange standards in the B2B space, as Europe prepares for a new era of Open Banking under PSD2:
“Our analysis confirms that in order to truly drive innovative data propositions, digital consent management and a standardisation of data exchange are required. This will support secure and controlled accessibility of data at scale and with explicit consent given by the data owners, enabling banks and other service providers to address the emerging needs of business customers… While this may be achieved by individual banks, there is also an opportunity for industry collaboration as the set-up of digital consent management and the exchange of data requires trusted relationships amongst multiple parties.” 

Motive Podcasts
Last week we spoke to Lawrence H. Summers (former US Treasury Secretary) and this Wednesday we hear from Henry Ritchotte (former Deutsche Bank COO & Global Advisory Council at Motive Partners)
The Future of Finance by Motive Labs on Apple Podcasts
The Future of Finance by Motive Labs on Android
Upcoming Industry Events
Financial Services
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Everything You Need to Know About What Amazon Is Doing in Financial Services
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Can Starbucks stay at the forefront of payments without Howard Schultz?
Private equity in the US building materials market
OP Financial mobile wallet to go contactless with Nets
How The Consumer's Connected Lifestyle Is Impacting Banking
Opportunities for Financial Inclusion in China
Is Baidu more fit to the blockchain world than Tencent and Alibaba
How APAC FIs Are Leveraging RegTech Solutions for Efficient Data Management
Bloomberg Adds Huobi-Launched Crypto Index to Its Terminal
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Bitcoin is 'not for me', Goldman Sachs CEO Lloyd Blankfein says
eToro to Open Cryptocurrency Trading Desk in London
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Blockchain May Disrupt Insurance Before Banking
The First Blockchain Debit Card
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The India Insurtech Opportunity
Making technology the solution, not the problem, at small banks
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Squeezed by Zelle and poor financials, Venmo prunes browser payments
Monzo launches web interface
US Treasury FinTech report to make regulatory recommendations
Competition watchdog probes Ion takeover of Fidessa
French Regulators Add More Brokers to Caution List
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Key Hires
Powered by JBM Consulting - a leading financial services & technology focused boutique search firm
Sunil Mittal becomes honorary chairman of ICC, Telecom News, ET Telecom
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Banking and financial services jobs: mobility at an all-time high
Payments Canada names Andrew McCormack VP, payments and technology
Ardonagh reveals new appointments following shake-up
Brooks hires James Hambro's Brookes for advice arm
PolarityTE Announces Paul Mann as New CFO
M&A Activity
Funding Transactions
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