website ep 2-min

How Regulatory Change is Causing Innovation in the Payments Space – with Bhupinder Saini of Openitio


How Regulatory Change is Causing
Innovation in the Payments Space
- with Bhupinder Saini of Openitio

 

“Consumers don’t know open banking, they know the end solution and how it benefits them.”
 

The relationship between fintechs, banks and consumers will start to shift into a new direction. Open banking will fundamentally disrupt the conventional way of how banks manage relationships with their customers, following the momentum and adapting to increasing innovations rather than sticking to the life-long customer base. Whilst the majority of banks have started to adapt to the regulations of Open Banking, some are still against the change and thus choose to ignore the new revolutionising way of payments. With a rise of challenger banks and the further adaptation of traditional banking to the new PSD2 requirements, what does this mean for the consumers?
Bhupinder Saini of Openitio talks about how new and old players should focus on usability first.

Bhupinder Saini

Co-Founder & CTO at Openitio

website 1st-min

Introduction to Open Banking Network

Introduction to
Open Banking Network

Welcome to first introductory Episode of Open Banking Network

In this podcast series we will introduce you to the new way of banking that will revolutionise how people pay. Twice a month, we will discuss changes happening in the banking space and share knowledge about the new developments in the FinTech sector. In this introductory episode we talk about who Open Banking Network is and what Open Banking is all about.

If you want to join the global network of FinTech enthusiasts who have a vision for a better world, subscribe to stay up to date on the latest news on Open Banking!

Have you got anything interesting to say about Open Banking? Feel free to reach out to us at partners@openbanking.world  and maybe you will be our next guest.

 

Lené Green​

OBN Co-Founder & Podcast Host