The Smart Data Initiative, aims to empower consumers by enabling secure, standardized data sharing. This session will explore the implications of the initiative for banks and lenders, particularly in terms of ethical data handling, customer trust, and regulatory compliance.
- Gain a understanding of the Smart Data Initiative's impact on data portability, privacy, and customer empowerment.
- Explore practical strategies for enhancing data security and ethical usage practices to build trust with customers.
- Learn how to leverage expanded data access to deliver personalised, fair, and inclusive lending while complying with regulatory expectations.
- Understand the importance of cross-industry collaboration and continuous engagement with regulatory bodies to maintain high standards of data ethics.
Coldra Wood, The Usk Valley
Chepstow Rd
Newport NP18 1HQ
United Kingdom