16 - The biggest risk in open finance isn't fraud. It's losing trust. Jim Wadsworth, Invela
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16 - The biggest risk in open finance isn't fraud. It's losing trust. Jim Wadsworth, Invela
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In this episode of tell.talks, we're joined by Jim Wadsworth, Chief Revenue Officer at Invela and former leader of Mastercard's open banking strategy. As open banking evolves into open finance, innovation continues to accelerate. But while the industry focuses on growth, who is taking responsibility for risk?
Jim shares why fragmented accountability, complex third-party ecosystems and inconsistent risk management could become one of the biggest challenges facing the industry.
From trust and liability to regulation and collective responsibility, he explores what happens when innovation moves faster than the safeguards designed to protect it.
Could a single major incident undermine years of progress?
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