Open Financial system and banking landscape to gather at OBExpo USA conference
The Open Banking Expo USA 2025 is set to be the must-attend event of the year, taking place on June 26, 2023, at the Hilton Midtown in New York. Mastercard has been announced as the headline partner for this significant gathering, marking their commitment to the future of Open Banking and Open Finance.
The event will feature a Mastercard Keynote Fireside Chat, where Bart Willaert, Executive Vice President, Open Banking, Americas at Mastercard, and Patricia Korth-McDonnell, Chief Experience Officer at Lendi, will discuss the critical role trust plays in Open Finance. The conversation will focus on financial inclusion, data responsibility, and opportunities for all ecosystem participants.
Trust is fundamental to Open Finance, ensuring that data sharing across various financial products is secure, lawful, and reliable. This trust is built through regulatory frameworks, real-time data usage validation via APIs employing zero-trust principles, and legal trust frameworks that define authorized participants, standards, and operational policies.
The Mastercard Keynote Fireside Chat is expected to share insights on how trust is being engineered into Open Finance to enable innovation and scalability. They will likely discuss the evolution of Open Finance beyond Open Banking, highlighting how APIs have shifted from mere connectors to control layers that enforce real-time data controls and accountability, critical for safely integrating AI and other advanced technologies.
The event will also echo ongoing initiatives such as the FCA’s Smart Data Accelerator and cross-border data sharing tests, underscoring the collective regulatory and industry efforts to support the safe and responsible growth of Open Finance globally.
In addition to the Mastercard Keynote, the Open Banking Expo USA 2025 will feature more than 30 speakers from Navy Federal Credit Union, the Consumer Federation of America, the Financial Technology Association, Plaid, Financial Data Exchange, JP Morgan, Regions Bank, and MX, among others. These speakers will participate in Powerhouse Debates, Presentations, and Fireside Chats, bringing together the Open Banking and Open Finance ecosystem for the first time.
Reuben Piryatinsky, Chief Executive Officer of Altitude Consulting, will chair the Main Stage throughout the day, ensuring a smooth and engaging event. The sold-out exhibition floor and participation of numerous fintechs indicate a promising future for Open Banking.
Open Banking Expo USA 2025 will offer bold insights from policymakers, trailblazing execs, and Open Banking pioneers, as well as real-world use cases and actionable strategies. For those interested in learning more, further reading about Mastercard's partnership with Open Banking Expo USA 2025 is available, and more information can be found by clicking the provided link.
The ongoing uncertainty about the Consumer Financial Protection Bureau’s Section 1033 Open Banking rule presents an opportunity for the industry to come together and address the new era of Open Banking and Open Finance in the US. The Open Banking Expo USA 2025 promises to be a pivotal event in this journey.
- The Open Banking Expo USA 2025, happening on June 26, 2023, at the Hilton Midtown in New York, will be a significant event, with Mastercard announced as the headline partner.
- Bart Willaert, Executive Vice President of Open Banking, Americas at Mastercard, and Patricia Korth-McDonnell, Chief Experience Officer at Lendi, will have a Mastercard Keynote Fireside Chat, discussing financial inclusion, data responsibility, and opportunities for all ecosystem participants.
- Trust is critical to Open Finance, being ensured through regulatory frameworks, real-time data usage validation via APIs, and legal trust frameworks that define authorized participants, standards, and operational policies.
- The Mastercard Keynote Fireside Chat is expected to share insights on engineering trust into Open Finance, enabling innovation and scalability, and highlighting the evolution of Open Finance beyond Open Banking.
- The event will feature more than 30 speakers from various financial institutions and fintechs, participating in Powerhouse Debates, Presentations, and Fireside Chats, bringing together the Open Banking and Open Finance ecosystem.
- With the FCA’s Smart Data Accelerator and cross-border data sharing tests in mind, the event will echo ongoing initiatives, aiming to support the safe and responsible growth of Open Finance globally.
