Money 20/20: Bringing open banking that simply works to Amsterdam
May 30, 2022 | Louise Basse
It’s the final countdown for this year's trailblazing European edition of Money 20/20. Just like many years before, the event will gather Europe’s leading financial services under one roof and we can’t wait to see you all during an exciting week in Amsterdam.
Over three eventful days from June 6-9, we will be part of a wide range of debates, dialogues and roundtables where we will shedding light on how open banking is transforming the way we pay and interact with our financial data.
Join our thought leading panel debates
To shine a light on the transformative journey the financial space is going through thanks to open banking, we’re excited to announce our two open banking thought leaders, Rune Mai and Hakan Eroglu on the fully booked Money 20/20 agenda.
On Wednesday, June 8 at 11:30, our very own CEO and Co-founder Rune Mai will be speaking on the Pulse Stage about a complex but important topic: How open banking and open finance is predicated on having access to APIs for augmenting existing services.
Opening up to third party apps means that services are only as good as the weakest link, and a single bad API can impact the entire experience. So what can be done to standardise APIs and who is responsible for quality control? How can the optimal balance of fast to market products and services still meet the stringent requirements for secure code?
Those are some of the questions that Rune Mai will answer alongside Abdulla Almoayed, CEO of Tarabut Gateway, John Broxis, Managing Director at Open Banking Exchange and Iana Dimitrova, CEO of OpenPayd during the panel debate.
But we’re not done yet. On Tuesday, June 7 at 15:40, Hakan Eroglu, Global Open Data & Open Banking Lead for Data & Services at Mastercard, will use his extended open banking knowledge to moderate a panel discussion on how PSD3 can be the game changer that PSD2 should have been.
It’s been four years since EU member states were required to transpose PSD2 into their national law. Since then, the European payments landscape has been transformed, with more than 500 open banking providers across the continent.
In the UK, the leader of the open banking movement, there are now more than 4 million active open banking users. Yet pain-points like a lack of unified API standards akin to those in the UK or continued customer friction associated with Strong Customer Authentication (SCA) appear to have stymied the transformative impact of PSD2.
Join us in this session as we unpack the challenges from the last four years of PSD2 and what lessons we can learn for PSD3.
Meeting point: The Evolution Stage… and bar
This year, we’re taking our efforts to the next level as a part of Mastercard. Therefore we’re opening up our co-branded space, The Evolution Stage. Powered by Mastercard, you can find our meeting point between hall 5 and hall 6 where we’ll be delivering interesting content over the three days with industry changing announcements and thought leading discussions.
And even better, if you fancy a sip of G&T after a long day at The Rai, we’re opening our Evolution Bar from 4-5:30pm in which all are welcome to attend. Don’t be a stranger, feel free to drop by.
Open banking is maturing and picking up speed fast. Mastercard works with banks, regulators and customers to enable early wins and bring live use cases to fruition for more than 130+ customers today.
Mastercard is a trusted global platform enabling greater choice in the way we pay and use financial data for the greater good. We drive financial innovation, giving people and businesses greater control of and benefit from their financial data.
If you want to know more about how you can innovate with open banking, please do not hesitate to book a meeting with us at this year's Money 20/20.
Connect with our team on the ground directly on Linkedin or find us in the official Money 20/20 app.
Jozef Klaassen, Vice President, Product Sales
Katharina Luschnik, Head of Payment Solutions Sales
Jeffrey Reinders, Director, Payment Solutions Sales
Rune Kallehauge, Head of PR & External Communications
