Webinar on Open Banking in Fast Payments

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Webinar on Open Banking in Fast Payments

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Also known as instant or real-time payments, fast payments are characterized by the instant transmission of the payment message and the immediate availability of funds to the beneficiary on a 24/7/365 basis. Building on the promises of interoperability in payment systems, open banking offers the chance to drive innovation by allowing the safe and consented movement of banking data between providers. But open banking is a complex field with varying degrees of openness and varying policy goals. How can operators, regulators, and providers collaborate to drive safe data-sharing in a banking system that serves end-user goals? In this webinar, Colin Colter (Payments Consultant, World Bank) and Claudio Ceresani (Senior Payments Consultant, World Bank) discuss the present and future of open banking, how it works, and how participants can ensure safety and interoperability in the banking system.

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PT32M

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