Risks in Open Banking and Fintech Market Development

Open banking and fintech are transforming financial services globally, including in emerging markets like Ghana.

While these innovations promise greater financial inclusion and efficiency, they also introduce complex risks—data privacy concerns, cybersecurity threats, third-party dependencies, regulatory gaps, and systemic vulnerabilities.

As Ghana moves toward a more digital financial future, it is critical for professionals to understand and manage these risks proactively.

LEARNING OBJECTIVES

·         Analyse the key components and models of open banking and fintech ecosystems.

·         Identify and assess the major risks in open banking and fintech market development.

·         Evaluate regulatory frameworks and supervisory approaches for managing these risks.

·         Develop risk mitigation strategies aligned with global best practices and local realities.

·         Apply scenario analysis and stress testing to fintech-related risk exposures.

COURSE CONTENTS

·         Open Banking and Fintech Ecosystems

·         Fintech Market Development in Ghana

·         Risk Typologies in Open Banking and Fintech

·         Regulatory and Supervisory Approaches

·         Regulatory Frameworks for Open Banking

·         Risk Governance

LEARNING OUTCOMES

·         Gain a deep understanding of the risk typologies in open banking and fintech.

·         Be able to critically assess the impact of innovation on financial stability and consumer protection.

·         Develop frameworks for risk governance in digital financial services.

·         Be prepared to advise institutions on emerging risk issues.

Risks in Open Banking and Fintech Market Development

Duration: 4 days

Skill Level: Advanced

Delivery Mode: Virtual

Month: July