WEBINAR – Open Banking: from tactics to strategy

Please register to watch the recording of the webinar on-demand.

Open banking is set to transform the financial services landscape. For consumers and businesses alike, access to data-driven services promises a higher-quality and more personalized banking experience. Banks and other financial services organizations can meet the initial challenge of open banking transformation and then go beyond that first step by developing new business models that will anticipate changing consumer demands and build the winning companies of tomorrow.

With PSD2, as with many regulatory deadlines, organizations have worked tactically, rather than strategically, and this may have limited growth opportunity, and caused unintended risk challenges. Three months since the planned implementation of PSD2 Open Banking in Europe what have we learned, how has the market responded and what does the future hold? 

Watch this webinar to learn about:


  • What the PSD2 / Open Banking landscape looks like today in Europe and globally, common trends and where the differences lie
  • Managing the new risks of TPP and direct API customer access to bank services, exploring banks ‘duty of care’
  • Insights and observations from Virtusa’s experience delivering Open API Banking projects globally
  • What does good look like? Digital transformation, commercialization of services, risk mitigation

Register now  



Guest speaker:
Andy Efstathiou

Research Director

Andy is the Banking Sourcing Research Director at analyst firm NelsonHall where he has global responsibility for Retail and Commercial Banking BPS, Capital Markets BPS, and RPA, AI, and FinTech services in Banking, including consulting, design & deploy, and operations support. Andy joined NelsonHall in September 2005 after gaining extensive financial management experience at global banks, including Citibank and U.S. Trust, where he worked for 20 years, and consulting for ten years prior to joining NelsonHall.

Richard Ransom

Head of Payments & Transaction Banking, Europe, Virtusa

Richard is an experienced payments professional with over 20 years of experience working with banks, corporates, payment schemes, infrastructure providers and FinTechs. Richard has been involved in the UK’s Open Banking initiative as part of a number of the OBIE working groups, and in the inception of a TPP. He is now working for Virtusa engaging with customers globally on their open API banking journey, in the fields of compliance, strategy, and monetization. Richard is an avid speaker at international banking and fintech events as well as a regular media contributor with a number of articles and whitepapers published on open banking.

Paul Love Twelves

VP Pre-Sales Consultant Konsentus

Paul is a senior payments professional, consultant and expert in card, mobile and emerging open payments solutions. He comes with a solid payments background across UK, European and international markets with Visa and MasterCard schemes, Faster Payments and Open Banking APIs. Previously General Manager of Open Payment Cloud, Paul has also worked with software vendors ACI and Compass Plus to develop and champion their issuing and acquiring products across EMEA with later focus on alternative and mobile payment methods.

About Virtusa
Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of digital business strategy, digital engineering, and information technology (IT) services and solutions that help clients change, disrupt, and unlock new value through innovation engineering. Virtusa serves Global 2000 companies in Banking, Financial Services, Insurance, Healthcare, Communications, Media, Entertainment, Travel, Manufacturing, and Technology industries.

Virtusa helps clients grow their business with innovative products and services that create operational efficiency using digital labor, future proof operational and IT platforms, and rationalize and modernize IT applications infrastructure. This is achieved through a unique approach blending deep contextual expertise, empowered agile teams, and measurably better engineering to create holistic solutions that drive business forward at unparalleled velocity enabled by a culture of cooperative disruption
For more information please visit www.virtusa.com

About Konsentus
Konsentus is a RegTech company which provides Third Party Provider (TPP) Identity and Regulatory Checking services alongside Token Issuance & Verification to help Financial Institutions comply with PSD2 Open Banking. The Konsentus solution is based on RESTful APIs enabling rapid deployment, whilst being secure, cost effective and easy to implement.
For more information please visit konsentus.com