Open Banking & Open Finance: Products and Partnerships
Opening the bank’s data is the easy part; the customer owns the permission. The value lies in deciding what to offer on top of it, whom to partner with — and which risks the bank keeps when the customer’s journey runs through someone else’s app.
Format
Classroom · Virtual
Upcoming sessions
Pick a session to applyADMISSIONS OPENCity cohorts run once six delegates are nominated. Tell us your preferred month and we’ll confirm dates at least four weeks ahead — please hold travel bookings until then — or offer the nearest confirmed session, live virtual, or in-house. No payment until confirmation.
The programme
Open Banking & Open Finance: Products and Partnerships is a two-day open banking course for digital banking, product, partnerships, payments, strategy and compliance teams. It covers how customer-permissioned data sharing and application programming interfaces (APIs) change the way banks compete, which open banking and open finance models create value, and where they create risk. Participants compare the main business models — the bank as data provider, as aggregator, as platform and as the licensed engine behind embedded finance — and weigh banking API partnerships with fintechs, retailers and other third parties. They interpret the principles that make data sharing trustworthy: informed consent, security, API standards, liability and third-party risk management, drawing on the Basel Committee’s 2019 report on open banking and APIs. Open finance training extends the same questions beyond payment accounts to savings, lending, investments and insurance. Case studies and peer benchmarks reflect international best practice. Delivered in English and French in Dubai, London and across the Middle East, Africa, Asia and Europe — and live online.
What you will do
Who attends
- Digital banking, digital channels and innovation teams
- Product managers for retail, SME and corporate banking
- Partnerships, alliances and commercial managers working with fintechs and platforms
- Payments, cash management and transaction banking professionals
- Strategy, data and technology leads shaping the bank’s API and platform choices
- Compliance, data protection, risk and vendor management teams who approve third-party arrangements
- Participants should know their bank’s products and channels; no technical API knowledge is required
Programme agenda
Built around one question — where does shared data create value, and for whom — day one models and propositions, day two partnerships, consent and risk
I.From open banking to open finance
- What open banking is: customer-permissioned sharing of account data and payment initiation through APIs
- Open finance: extending data sharing to savings, lending, investments, pensions and insurance
- Regulation-led and market-led approaches, and what each means for a bank’s room for manoeuvre
II.Business models: where the value sits
- The bank as data provider, as aggregator and as platform
- Banking-as-a-service and embedded finance: the licensed bank behind someone else’s brand
- Who owns the customer relationship, who earns the margin and who carries the risk
III.Products and propositions built on shared data
- Account aggregation, personal financial management and cash-flow insight for SMEs
- Data-informed lending decisions, account-to-account payments and onboarding
- Testing a proposition: customer need, adoption, revenue and the cost of running the APIs
IV.Partnerships and API-led propositions
- Partner, buy or go it alone: choosing among fintechs, platforms, retailers and other banks
- Commercial terms, service levels and the exit plan
- Partnerships that worked and partnerships that stalled, compared through case studies
V.Consent, data rights and trust
- Informed, specific and revocable consent, and the customer dashboard that makes it real
- Data minimisation, purpose limitation and what a partner may do with the data
- Liability and redress when something goes wrong in a shared journey
VI.API standards, security and operations
- Common API standards versus bilateral integrations: interoperability, cost and speed
- Authentication, access management and fraud in third-party journeys
- Availability, performance and the operational resilience of a bank that is always open
VII.Third-party risk and the supervisor’s view
- The Basel Committee’s 2019 report on open banking and APIs: the risks it identified for banks and supervisors
- Due diligence, monitoring and concentration risk across a growing partner ecosystem
- Reputational and conduct risk when the bank’s product is sold under another brand
VIII.Integrated case study
- A bank weighing three propositions: an SME data-sharing service, an embedded lending partnership and a consumer aggregation app
- Testing value, consent, partner risk and operational demands for each
- Arguing the portfolio choice before a mock executive committee
Frequently asked
What is the difference between open banking and open finance?
Open banking is the sharing of customer-permissioned banking data — typically payment account data — and the initiation of payments by authorised third parties through APIs. Open finance extends the same idea to a wider range of financial products, such as savings, lending, investments, pensions and insurance. Embedded finance is a related but different idea: a non-financial brand offers a financial product, usually provided by a licensed bank behind the scenes.
Why does open banking matter to banks now?
Because data sharing changes who owns the customer relationship. The Basel Committee’s 2019 report on open banking and APIs noted that sharing customer-permissioned data with third parties can make banking more efficient and transparent, but also brings risks to business models and reputation, data handling, cybersecurity and third-party risk management. Banks therefore need to decide where to compete, where to partner and which risks they are willing to carry.
How is it different from the digital payments and cards courses?
Digital Payments, FinTech and Innovations surveys the payments and fintech landscape, and International Cards and Payments covers card schemes and acquiring. This course focuses on data sharing and partnerships: the business models, propositions and risks that open banking and open finance create. Payments appear here only where they run on shared data or third-party initiation.
What level is the programme, and do I need technical knowledge?
It is for practitioners who know their bank’s products and channels. No technical API knowledge is required: APIs, standards and security are explained in business terms, and the time goes on judging propositions, partners and risks through case studies.
Can it run live virtual or in-house?
Yes. Public cohorts run in the classroom and live virtual. For one institution, the programme can run in-house as a custom programme, scoped on request, in English or French.
Is there a group rate, and do delegates receive a certificate?
Institutions sending several delegates, in one cohort or across the year, receive group terms; fees are provided on enquiry. Each participant receives a BIZENIUS Banking Academy certificate of completion. The programme is practice-led rather than exam-led and is not preparation for a third-party qualification.
Who teaches this
Practitioners, not presenters.
Led by practitioners who have built and run technology, data and AI capability inside institutions rather than presented it to them: heads of digital and product innovation in banks, data and AI leaders who have taken models into production under governance, and technology risk specialists who advise boards on what the estate can and cannot yet do.
What the bench brings
- Enterprise-wide digital transformation in banking
- Core-banking transformation and programme delivery
- Digital channels, agency banking and payments
- Customer journeys, requirements and agile delivery
- Commercial and corporate banking process design
- SME banking: organisation, products and credit
Where they have practised
Current and former practitioners — people who hold the seat today alongside those who have held it.
Sectors: Banking & financial services · Technology & fintech · Oil & gas · Manufacturing & industry
Regions: Africa · the Middle East · Europe · Asia · the Americas
How they teach
- Hands-on labs and worked data sets
- Case studies of real implementations
- Group design of business cases and journeys
- Demonstrations judged by adoption and control
- Knowledge checks and a personal action plan
Cohorts are kept small so every exercise is worked on the participants’ own situations — in person or live virtual.
The faculty profile for your cohort is sent with the full agenda and the next dates when you enquire.Request brochure →
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In their words
Knowledge transfer, emphasised throughout
“We worked with BIZENIUS for our Fresh Graduates Programme — they are simply amazing. Knowledge transfer and practical learning were emphasised throughout.”
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From the Mandate Record
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The training programme that became national regulation
What the team mastered, the regulator wrote into the rulebook.
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The Capability Arc™
Fix it · Advisory
Data & Analytics Advisory
When the institution wants the work done with it — the data strategy and governance that decide which data can be shared, with whom, and to what end.
Learning is one point on the Capability Arc. Many institutions pair this programme with the advisory engagement — and automate what the framework demands.
Teams from these institutions train with BIZENIUS
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Take the brochure with you.
One request — the full agenda, the faculty and the next cohort dates, sent personally by the admissions team.