All posts tagged "Open Banking"
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30Fintech / RegtechKorea FSC Expands Open Banking Services to Fintechs
Users will be able to access information about their prepaid deposit accounts from mobile applications of any FI offering open banking.
July 30, 2021 -
109Australia & NZAustralian Treasury Proposes to Lower Barriers to CDR Participation
Rule amendments include changes to reduce barriers to participate in open banking and increase participation in the CDR by data recipients and consumers.
July 7, 2021 -
116Asia-PacificBSP Unveils Open Finance Framework, Plans Tiered Implementation
The framework promotes consent-driven data portability, interoperability, and collaborative partnerships between FIs and fintech players, the BSP said.
June 24, 2021 -
4.1KFintech / RegtechHKMA Sets Out Next Steps to Implement Open API Framework
Phase 3 and 4 API functions will be implemented progressively by 28 participating banks starting from December 2021, the HKMA says.
May 14, 2021 -
234Fintech / RegtechSavings Banks Introduce Open Banking Services: FSC Korea
Open banking is now being provided by all types of deposit-taking institutions in Korea. Credit card companies will start from end-May.
May 1, 2021 -
389Fintech / 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 -
250AML / KYC
Korea: FSC Financial Sector Focus to Include Risk, Competition, Innovation
The FSC's 2021 policy agenda for the financial sector will include measures to bolster risk management while also strengthening competitiveness and facilitating digital innovation.
February 8, 2021 -
1.0KContributed ArticleWhat Hong Kong Can Learn From Open Banking in the UK
The UK model provides lessons to help ensure Hong Kong's open banking ecosystem is able to realise its full potential, say Finastra's Eran Vitkon and Shweta Jain.
February 2, 2021 -
580Fintech / RegtechTaiwan FSC Approves Banks for Second Phase of Open Banking
Following the launch of the first phase in September 2019, the second phase of open banking will involve the exchange of customer data.
January 11, 2021 -
258Australia & NZACCC Extends Consumer Data Right to Business Customers
The amendments will encourage CDR participation by expanding its benefits to more businesses, including companies and partnerships, the ACCC said.
December 30, 2020
