E96 - Jacob Parker - The Consumer Data Right to Your Data and Open Banking

How do you feel about Facebook and Google making money off of
your data?


I’m guessing you’re not too keen on it to say the least, as are
most of us.


Then, do you know your rights to your data and how it’s used?


The Consumer Data Right gives you more choice and more control
over the data that businesses have about you, especially in
banking.


As privacy concerns rise, so does the concept of Open Data and
Open Banking, where you decide what happens to your data.
Meet Jacob Parker

Jacob’s Role as a Open Data Leader at Fiskil


Jacob Parker is the Founder, CEO, and Developer of Fiskil. Fiskil
creates simple and sleek APIs that make it easy for businesses to
tap into Open Data. They handle the hard work when it comes to
accessing banking and energy data under the Consumer Data Right
(CDR) in order for companies to focus on their core business.
They have built the pipes between financial institutions, big and
small.
Jacob’s Other Work in Data Science

Besides his work with Fiskil, Jacob is also currently a Member of
Fintech Australia. FinTech Australia is the peak body for
Australian financial services and technology and innovation. They
were founded by startups, working with founders, startups,
scaleups and the FinTech ecosystem. They represent their members
and advocate for outcomes that facilitate the growth of the
FinTech ecosystem with the goal of making Australia a leading
FinTech market.


Previously, Jacob has taken on the roles of Full Stacks Engineer
at Secure Data Links, the Product Lead and Full Stack Developer
at Mycelium, and Software Development & Product Management at
SAP Success.
Open Banking, Open Data, and Consumer Data Rights

In this exclusive analytics podcast episode, Jacob shares:


His experience working as a Blockchain developer

What Consumer Data Right (CDR) is to banking

His role as the Founder, CEO, and Developer of Fiskil

Why Open Banking and Open Data are so important in today’s
world and a future context

What developments have caused consumers to look into the
concept Open Data

If Facebook and Google's monetization of data helped lead to
the concept of Open Data

The challenges that come with this area

Maintaining the data from the bank with constant
technological changes and adaptations

How this affects the building of technology and
infrastructure

How API infrastructures overcome the problems of enterprise
systems

Sourcing data from other areas to create a clearer picture

How Fiskil's open source and open data philosophy appears in
their company

The concept of sandboxes

How innovators are using open banking data for innovation and
his favourite use case so far

His advice for developers who want to dive into the realm of
Open Data



If you are a developer or innovator looking to dive into the
realm of Open Data, this is the episode you do not want to miss
out on.