Fintech is the intersection of financial services and technology, and open banking, as a particular example of this, has recently received increased media coverage in light of the new consumer data right legislation. Open banking will encourage competition in the banking market and allow non-banks to benefit. Fintech, however, can also refer to both new forms of delivery for services (such as web platforms and apps) and innovations driven by new technology such as AI and crypto/blockchain/digital assets. So, what do you need to know about them, and what risks, problems, or opportunities can they bring for you and your clients?  

This webinar, presented by three lawyers experienced in this field, will upskill you about what fintech and open banking are, highlight the current and developing legislative environment, spotlight common legal issues, reference global and local perspectives, and provide insights about what’s ahead.

Learning Outcomes

Learning Outcomes

• Improve your understanding of what fintech and open banking are, and how they intersect, and their implications for the New Zealand market.
• Develop your knowledge of the current and pending regulation that applies in this context, including the political drivers at play.
• Explore common legal issues and fishhooks to watch for.
• Benefit from hearing about the Revolut experience and learnings from a global and local perspective.

Who Should Attend?

Any lawyer with clients who interact with businesses seeking to use technology to enhance access to financial services and products through payments and other modes of transfer, particularly commercial lawyers, property lawyers and in-house counsel.

Presenters

Jeremy Muir, Partner, MinterEllisonRuddWatts

Luke Ford, Partner, Chapman Tripp

Natalie Bryant, Senior Legal Counsel, Revolut