Payment Law Advisor Legal Commentary and Resources for the Payment Industry

Webinar: Exploring the Data Aggregation Market

Posted in Regulatory Compliance/Federal Agencies Resources

Wednesday, November 29, 2017
2:00 p.m. – 3:00 p.m. EST

We invite you to join us for a discussion that will explore how consumer financial data aggregators are driving innovation in financial technology and analyze how the CFPB’s recent principles on data aggregation will affect this growing market. We will be discussing:

  • The mechanics of data aggregation activities and the innovation that it supports, including artificial intelligence technologies that power advanced marketing engines, enhanced underwriting capabilities, improved customer service, and simplified account portability;
  • The details of the CFPB’s principles on data aggregation and how financial institutions should respond to them, including changes to contractual agreements with data aggregators, the use of APIs, data security requirements, and more;
  • How the CFPB’s principles compare with the European Union’s Payment Services Directive 2 and the UK’s open banking initiative; and
  • The circumstances for additional regulatory intervention.

Jason Kratovil, Vice President of Government Affairs for Payments at the Financial Services Roundtable will moderate the conversation, and will be joined by panelists  Adam Maarec, Counsel at Davis Wright Tremaine, and Ramon Gomez, Executive Director at JPMorgan Chase.

1.0 CLE credits in NY are pending. Upon request, if you are admitted to practice law in another state, we will provide a certificate of attendance and documentation to assist you in applying for CLE credit in your state of admission.

To register, click here. Login details will be provided following registration.