A new body will be created to boost the uptake of open banking in the UK and extend its benefits to other sectors of the economy.
April 18, 2023Enforcement efforts will be focused on issues involving the quality of product reference data such as incorrect interest rates and missing data.
April 10, 2023The PhilSys national digital ID system is acceptable for e-KYC, provided it is supported by "robust technology, adequate governance, processes, and procedures".
April 8, 2023After the launch of HKIDR on 20 March, investors who haven't provided consent will not be able to buy securities on the stock exchange.
March 3, 2023FinTech Australia and FDATA say ING's planned platform upgrade will invalidate thousands of CDR consents and force consumers to redo the process.
February 8, 2023Intermediaries are asked to submit their BCAN-CID Mapping Files as soon as possible to ensure sufficient time to verify the data and rectify any errors.
February 7, 2023Financial institutions and fintech firms are invited to participate in the development of rules and standards for the Philippine Open Finance Pilot.
February 3, 2023Banks and insurers must incorporate consumer protection mechanisms into their corporate governance, culture-building exercises, and business development strategies.
January 5, 2023Facebook allowed Cambridge Analytica to access data of 87 million users. The proposed settlement is the largest ever in a US data privacy class action.
December 30, 2022The bill will ease India's data localisation requirements, allowing data fiduciaries to transfer personal data to countries that are approved by the government.
November 25, 2022