All posts tagged "MyData"
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149Fintech / RegtechS. 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 -
179Fintech / 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 -
165Big 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 -
171Fintech / RegtechFSC 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 -
402AML / 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 -
517Fintech / 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 -
443Capital Regulation
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 -
327Fintech / Regtech
FSC Korea Issues ‘MyData Services’ Guidelines Ahead of August Launch
The guidelines require participating firms to ensure consumers have sufficient awareness of their privacy rights when consenting to data transfers.
February 27, 2021 -
606Fintech / Regtech
FSC Korea Expands Open Banking Access, Grants ‘MyData’ Licences
"With more types of financial institutions joining the open banking system, it will help promote competition and improve consumer convenience," the FSC said.
December 23, 2020 -
1.4KFintech / Regtech
Korean MyData Industry ‘The First of its Kind’, says FSC Vice Chair
The FSC's Doh Kyu-sang says 35 entities are currently under review to receive preliminary licences to participate in the MyData ecosystem.
November 16, 2020
