The JDB Report is exploring the implications of agentic AI for finance; see our recent report on Amazon’s lawsuit against Perplexity’s AI agent, Comet, which is raising the stakes for any kind of bot interaction on third-party platforms.
Jessica Liu is co-founder and chief strategy officer of Planto, a fintech based in Hong Kong that provides AI-powered data analytics, products and services for retail, SME, and corporate banks, worldwide. She is also on the board of the Fintech Association of Hong Kong and helps train members of the Hong Kong Institute of Bankers on open finance and AI.
Timecodes
0:00 - Jessica Liu, Planto, building use cases for AI in open-finance data and technologies for banks and TPPs (third-party providers/platforms)
5:17 - What’s the difference between bilateral API connections, and an agent that can engage with multiple platforms? And the Model Context Protocol framework for AI execution
7:09 - Who choses what models/agents can access data on their platform? Do banks or fintechs have a say on which agents enter their system?
09:03 - The Amazon lawsuit against Perplexity’s agent, Comet, and implications for open finance and can all consumers use it without a platform’s gating and its own business model
13:56 - Innovation and competitive threats to existing businesses, and the role of regulators
15:45 - Safety and cybersecurity with agentic AI, liability, compensation, and the need for a regulatory roadmap
20:33 - Market incentives for driving AI in open banking and initiatives by TPPs
22:59 - Domestic versus cross-border
23:42 - What Planto is doing, helping banks build external data access, and banks getting excited about new opportunities to apply AI
26:42 - Consumers should benefit but how to financial institutions turn this into revenue, and competition around tailored services.
