Advanced Certification in Open Banking July 2020

Date: 25th - 26th July 2020

Timings:9.30 AM – 5 PM

Users will be shared with a link to log in & join the session.

• Open Banking is the next wave of digital transformation, which is changing the entire Financial Ecosystem to create a new customer experience, new business products & models, and a collaborative approach of doing business.

• We are witnessing movements across the globe driven by Open Banking with not only banks taking various measures but governments also contributing to support initiatives to intensify progress on Open Banking.

Course Content:

1. Deconstruction of Open Banking

● Definition of API

● Open Banking

● History of APIs & Evolution

● Driving forces of APIs

2. Open Banking Architecture

● Solution Architecture

● Technology solution for API/Open Banking platform

● Integration approach

3. Progress on Open Banking Globally

● Singapore

● UK

● Australia

● EU (PSD2)

● India

4. Open Banking Framework

● API Lifecycle management

● API Policy

● Standard, guidelines

● Security

● Contractual Arrangement

● Key Risks & Challenges and Mitigation Approaches

● Build Open Banking Setup & API Roadmap

5. Business models & Open Banking Use Cases

● Payment solutions

● Connected banking

● Digital Lending

● Customer Onboarding

6. Monetization of APIs

● Building structure to monetize APIs- Direct & Indirect

7. Other critical components

● Technology stack for Open banking

● API Testing framework

● Open banking security