European Economy-“Open Banking’s financial revolution: are we falling short?”, 26th April 2023 at 12:30 p.m., Bruegel Institute, Brussels

The Bruegel Institute will host a Round Table on “Open Banking’s financial revolution: are we falling short?”. Panellists will discuss the prospects of Open Banking and its potential impact on the banking industry.  

On this occasion, the 2022 issue of European Economy – Banks Regulation and the Real Sector will be presented. European Economy is an online journal to encourage the debate among academics, institutional representatives, and bankers on the banking regulatory framework and its effects on banking activity and the real economy.

This issue of European Economy discusses the prospects of Open Banking, which is becoming progressively more widespread in the world, and its potential impact on the banking industry. It focuses on the following aspects: (i) regulation, that is how regulators are driving the evolution of open banking and what challenges they are facing; (ii) competition, and the risk of emergence of large, possibly non-bank, players; (iii) costs, that banks need to sustain to guarantee open access to data; (iv) technology, including security and scalability; and (v) financial inclusion, and the pros and cons of Open Banking in favouring or hindering access to financial services to different groups of the population.

Visit www.european-economy.eu for the full list of the editorial team and the Advisory board.

The event will be held on Wednesday, 26th April 2023, at 12:30 p.m. (CET) in a hybrid format. The event will be live-streamed on the following website starting at 13:00.

Programme