All posts tagged "MyData"
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516Fintech / RegtechFSC Korea Bolsters Consumer Safeguards in MyData Licensing System
The FSC will prohibit MyData services providers from buying and selling consumer data, and start conducting post-licensing inspections to ensure adequate protections are in place.
April 15, 2022 -
1.2KFeatureSouth Korean Financial Institutions Launch ‘MyData’ Services
On Wednesday, 33 firms started offering MyData services, enabling consumers to centralise management of their data from different institutions.
January 6, 2022 -
794Feature
S. Korean Financial Sector Launches MyData Services Pilot
17 FIs and fintechs are piloting the API-based MyData service starting today (1 December), ahead of a full launch on 1 January.
December 1, 2021 -
288Fintech / Regtech
S. Korea Sets New MyData Launch Date in Revised Guidelines
The revised guidelines enhance consumer data protections. MyData businesses will begin offering services via standardised APIs from 1 December 2021.
August 5, 2021 -
339Fintech / Regtech
S. Korea: MyData Launch to be Delayed for More Testing
The Covid-19 pandemic and a lack of IT engineers are said to be stalling system development and API testing.
July 17, 2021 -
308Big PictureAmCham Offers Taiwan Tips for Improving Financial Sector
AmCham Taipei's new whitepaper offers recommendations for banking, capital markets, asset management, private equity, insurance, tax, and sustainable development.
June 28, 2021 -
288Fintech / Regtech
FSC Korea Set to Grant First Insurance Firms MyData Licences
The granting of licences to insurance companies is expected to help diversify the service areas covered by the MyData platform.
June 27, 2021 -
596AML / KYCTaiwan Launches ‘MyData’ Platform With 15 Banks
The platform allows consumers to use personal data stored by government agencies to facilitate their access to financial services.
April 21, 2021 -
705Fintech / Regtech
FSC Korea to Create Policy on Use of AI in Financial Services
The policy seeks to improve fairness and transparency, and protect consumers from newly emerging financial crimes.
April 15, 2021 -
674Capital / Liquidity
FSC Korea Unveils Policy Plans for Insurance Sector
The policy plans include measures to promote digital insurance products and establish standards for online platform services, among other measures.
March 6, 2021
