FDATA joined hands with Open Banking Expo: Here’s why this partnership is crucial

open banking

In the latest development, FDATA (Financial Data and Technology Association), a fintech industry lobbying organisation, has partnered with Open Banking Expo, to help support, promote and foster a global Open Banking and Open Finance community.

The collaboration announcement comes after Open Banking Expo’s recent partnership with Open Vector designed to launch community meet-ups to accelerate the proliferation of open banking in Latin America.

FDATA: What you need to know

The Financial Data and Technology Association (FDATA) is a global, not-for-profit trade association, representing fintechs operating in Open Banking and Open Finance.

FDATA works closely with government, regulatory authorities, policymakers, and industry to deliver the benefits of Open Banking and Open Finance to customers globally. 

In addition to holding seats on policy working groups, expert advisory groups, and task-forces related to Open Banking, FDATA provides a collective voice for a broad array of fintech companies, whose innovative financial applications and services empower customers to take better control of their financial lives.

FDATA is active across Europe, North America, Latin America, and Australasia, and is currently developing operations in Asia and Africa.

Richard Prior, CEO of FDATA, says: “We are delighted to formalise our relationship with Open Banking Expo. FDATA is a global members organisation at the forefront of the campaign for Open Finance in multiple jurisdictions. Open Banking Expo’s market reach and deep quality of content offers an ideal opportunity, via this strategic partnership, to amplify and enhance FDATA’s engagement in shaping mission-critical policy initiatives in the delivery of Open Banking and Open Finance.”

Open Banking Expo: What you need to know

Open Banking Expo is a global community of Open Banking executives responsible for digital transformation across the financial services sector.  

The platform organises face-to-face and virtual events for the UK, North America, and European markets in addition to webcasts, TV episodes and podcasts throughout the year. 

Adam Cox, the co-founder of Open Banking Expo, says: “We are thrilled to join forces with FDATA to put more weight behind the building and supporting the fast-growing Open Banking and Open Finance movement across the globe. This partnership will provide a perfect platform to exchange global expertise at a more meaningful level and build relations with decision and policymakers across the globe.”