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Just Economy Conversations: Open Banking 2.0: Leveraging Data to Empower Underserved Populations

May 20 , 2:00 pm EDT 3:30 pm EDT

As the landscape of financial services evolves, new regulations are reshaping how data can be used to drive innovation and inclusivity – welcome to Open Banking 2.0! This session will explore how the latest advancements in open banking can be harnessed to address the needs of underserved populations. Panelists will delve into practical strategies for leveraging financial data to improve access to financial services, enhance financial literacy, and promote equitable economic opportunities. Participants will leave with tips for navigating regulatory challenges and continue ensuring the benefits of open banking extend to all. Open Banking 2.0 should not only further drive responsible innovation but foster financial inclusion and support those who need it most.

Panelists:

Erin Borg, Associate Director, Inclusive Financial System, Financial Security Program, The Aspen Institute

Nat Hoopes, Vice President, Head of Public Policy and Regulatory Affairs, Upstart

Ashley Knight, Director of Product Management, Consumer, Experian

Tom Carpenter, SVP, Open Banking & Policy Engagement, Mastercard

Ian P. Moloney, Senior Vice President, Head of Policy and Regulatory Affairs, American Fintech Council (Moderator)