Open Banking presents a landmark opportunity. Yet over-eager innovation can irreparably scar consumers’ trust in new entrants and drive customers back to their customary safe havens.
In addition, innovation and privacy law may offer new entrants the opportunity to obtain more meaningful data.
What fundamental issues should be considered in open banking data sharing models to avoid the kinds of exile suffered by Aldous Huxley’s protagonists?
Presentation from the OBE London, January Meet-up
(See attachments for details and links to OBE)
Philip James, Partner, Sheridans
Philip leads Sheridans’ Technology and Data Group and advises clients on commercial data strategy, brand integrity, innovation and IP asset growth.
Philip is an expert on data privacy, cyber risk and fraud prevention and speaks regularly on the opportunities, challenges and trends posed by use of data assets, including big and open data, AI, automation, behavioural targeting and cyber risk.
Sheridans’ is a leading media technology law firm and advises clients on IP/data licensing frameworks, brand strategy, SaaS platforms and cloud computing. Sheridans has particular expertise in the Retail, E-commerce, Hospitality, InsureTech, Advertising, Sports/eSports, Games and Media sectors.