The government will consider expanding the consumer data right to allow 'write' access by entities other than banks, similar to how the EU's PSD2 operates.
January 24, 2020Japan's antitrust agency is looking into how banks decide fees for using the national interbank funds transfer system and whether they present an entry barrier for fintechs.
December 9, 2019The revised Bill introduces a new category of credit reporting information, enabling hardship information to be reported alongside repayment history.
December 9, 2019Banks and fintechs will pilot test the ability of customers to manage multiple bank accounts and withdraw and transfer money from within a single app.
October 16, 2019The new standard will re-use ISO 20022 components to ensure interoperability with Hong Kong's clearing and settlement systems, facilitating the next phases of open banking in the city.
October 4, 2019A new white paper from NPP Australia provides an overview of developments in other real-time payments markets, including opportunities and challenges for the payments sector.
July 8, 2019