Openbankingsummit

28.09.2020

Open Banking Summit

On September 10, 2020, about 100 decision makers from the Swiss financial industry gathered in Zurich to discuss the future of banking in Switzerland.

On September 10, 2020, the first Open Banking Summit hosted by the OpenBankingProject.ch opened its doors to approx. 100 decision makers from Swiss financial institutions who had been personally invited to attend the event together with the partners and members of OpenBankingProject.ch. The aim of the Open Banking Summit is to promote knowledge about open banking use cases and their associated benefits, challenges, and best practices, inspiring Swiss financial institutions to decide on their own open banking strategy before any official regulation becomes necessary.

The event moderated by Eflamm Mordrelle, journalist at the Swiss business newspaper “Finanz und Wirtschaft”, comprised a series of talks by open banking experts from different countries followed by short Q&A sessions, a panel discussion, and an apéro during which attendees were able to meet members of the OpenBankingProject.ch at various booths – everything Corona-compliant.

After a short introduction by Thomas Zerndt, CEO of the Business Engineering Institute St. Gallen, the main program consisted of the following talks:

  • «The Platform Economy – turning banking into a battle of market microsegments»
    – Paul Rohan, Head of Business Strategy (Finance) at Google Cloud (Apigee)
  • «Der Weg der Commerzbank zu Open Banking & beyond»
    – Nathaniel Neudecker, Chapter Lead API Business Experts at Commerzbank AG
  • «Open Banking Ecosystem der Hypothekarbank Lenzburg»
    – André Renfer, Head of Services and member of the executive board at Hypothekarbank Lenzburg

Following the speeches, the OpenBankingProject.ch unveiled its newest project in a surprise announcement: “Bestes Zahlungsmittel E-Commerce”, an ambitious venture comprising several Swiss banks, retailers, and technology providers, aims at developing a common intuitive payments solution integrated into each bank’s own banking app.

The closing discussion panel with Richard Hess from the Swiss Bankers Association, Nathaniel Neudecker, André Renfer, and Thomas Zerndt gave attendees further opportunity to ask questions and discuss their views on open banking with experts on the topic.

The next summit is planned for 2021. We would like to thank all our attendees, members, partners and speakers for their participation and feedback.

For a more detailed account of the first Open Banking Summit see https://www.openbankingproject.ch/en/resources/news/open-banking-summit/