A survey of FIs found that some GBA transactions are still processed manually. Other challenges relate to differing messaging formats, regulatory requirements and investment quotas.
March 16, 2023NatWest and National Australia Bank published a white paper drawing lessons from the UK and Australia's open banking implementations.
February 26, 2023The platform will make it easier for firms to launch and administer digital investment funds, which may comprise crypto, tokenised securities and other digital assets.
February 23, 2023The approved pilots cover payments, travel, and business compatibility. The EU Digital Identity Wallet is expected to go live in 2024.
December 27, 2022The partnership includes efforts to advance new and emerging areas such as 5G/6G, artificial intelligence, and digital identities.
December 19, 2022European banks and tech firms will show how payments and EU digital ID wallets can be combined across borders and in multiple currencies.
September 22, 2022The vLEI is a digital version of the LEI which can be securely verified online against the source information held in GLEIF’s data repository.
July 8, 2022The agreement promotes cooperation on cross-border data flows, fintech, cybersecurity, and mutual recognition of digital identity systems.
June 15, 2022Mutual recognition of digital identity credentials is part of an agreement to cooperate on the digital transformation of government services.
June 14, 2022The BOT is planning to also introduce sandboxes in the virtual banking and digital assets space, the relevant regulations are in place.
June 2, 2022