EP7 The Importance Of Open Banking | Mirna Sleiman, Founder & CEO of Fintech Galaxy Artwork

The Change Officer: Future of Financial Services

If change is the only constant, we need to understand how our industries are evolving, and how we can be a part of the transformation that is taking place. In this series, we deep-dive into some of the hottest and most pivotal topics in the financial services industry right now, including personalisation in financial services, embedded financial services and the mobile payment revolution. To gain an informed and accurate perspective, we speak to innovative individuals from banking institutions, insurance carriers, retailers, regulatory bodies and fintechs who are spearheading change in their industries.

All Episodes

The Change Officer: Future of Financial Services

EP7 The Importance Of Open Banking | Mirna Sleiman, Founder & CEO of Fintech Galaxy

September 08, 2022 • Vuk Zlatarov • Season 1 • Episode 7

Open banking describes the process of banks and other traditional financial institutions opening up data for regulated providers to access, use and share with their customers' permission. In an age where most of us are concerned about our data privacy, this might sound unsafe, but putting these infrastructures in place allows banks to ultimately improve financial services for their customers. By sharing this data that they have previously kept in-house, new companies and new products can come to market and use this data in helpful, innovative ways. This is a game-changer for underbanked individuals who struggle to access financial services.

We're joined today on The Future of Financial Services series by Mirna Sleiman, Founder & CEO of Fintech Galaxy, the MENA region's open finance and innovation platform. She has more than 15 years of experience in innovation programs, government affairs, investor relations, journalism, strategic digital communications and global partnerships. Mirna specialises in advising governments and financial institutions on digital transformation programs, making her the ideal subject matter expert to speak to about open banking and open finance.

In this conversation, Vuk and Mirna dive into:

The impact open banking will have on the future of the financial services industry
How traditional banking leads to large numbers of people being underbanked and further excluded from access to crucial financial services
Which of the big global and regional players will be the first to capitalise on the new opportunities presented by fintech
The obstacles to developing an established open banking platform
Mirna's take on the next big opportunity to open up in the open banking space

Find Fintech Galaxy online: https://www.fintech-galaxy.com

The Change Officer Podcast's Future of Financial Services Series is brought to you by HolyWally, the world’s first wallet-as-a-service platform. To find out how HolyWally can help you create a mobile wallet to increase your revenue and reduce your time to market, visit their website: https://www.holywally.com

🎬 This episode is produced by Poddster, an end-to-end video podcast production company that helps businesses conceptualize, produce, manage, and grow podcasts for their brand. Click this link to book a free consultation with Poddster's team or rent a studio: poddster.com/book-free-consultation/

📹 Check out Poddster studio based in Dubai Media City: poddster.com/podcast-studio-dubai/

✨ They say that change is the only constant. If this is true, we want to know what is the change ahead. To get the answers, our hosts Ivan Zeljkovic and Vuk Zlatarov are talking to the change-makers themselves. We invite you to join us on the journey of getting the answer ✨

FOLLOW THE CHANGE OFFICER: www.thechangeofficer.com
Instagram - www.instagram.com/thechangeofficer
LinkedIn - https://www.linkedin.com/company/the-change-officer-podcast/
Twitter - twitter.com/changeofficer_
TikTok - www.tiktok.com/@thechangeofficer

People on this episode

Vuk Zlatarov

Host