{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/611d14fa9d5f470014bbc7b3/621f7b7511eb2700125c2964?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Data is not the new oil - its the new electricity","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/611d14fa9d5f470014bbc7b3/1632309665646-60818a3436d73e6db6a24ce5a6bc0d88.jpeg?height=200","description":"<p>Questions posed from the Open Banking and Open Finance discussion Part 1 in October 2020 and will provide the framework for the Open Data Part II discussion on 2 March.</p><p><br></p><p>Why is data such a powerful tool for consumers?</p><p>How exactly does consumer control of data put companies under pressure to cut prices, innovate and personalise?</p><p>Is the data of sufficient quality and extent to achieve the vision of a digital economy driven by consumers granting access to their data?</p><p>Are banks (and energy and telecommunications companies) resisting Open Data?</p><p>What other sectors are vulnerable to an Open Data economy?</p><p>How should price comparison websites evolve their business model?</p><p>Can consumers be confident their data is transferred and held securely?</p><p>Why is consumer uptake of Open Banking in the United Kingdom so slow?</p><p>What other forms of data will become available (e.g. mobile telephone data, Internet searches etc.)?</p><p>Which countries are getting data regulation right (if any)?</p><p>Do we need a new international body to co-ordinate national data regulation?</p>","author_name":"Future of Finance"}