All posts tagged "Open Banking"
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615Fintech / RegtechOpen Banking Reveals Security Risks at Korean Fintech SMEs
More than 40 fintech SMEs reportedly could not pass the security checks required for final approval to participate in the open banking initiative.
December 30, 2019 -
530Australia & NZACCC Delays Open Banking Launch for More Testing
Under the new timeline, consumers can direct the major banks to share credit and debit card, deposit and transaction data from July 2020, and mortgage and personal loan data from November 2020.
December 20, 2019 -
513Press ReleaseRegulation Asia: Top Ten Contributed Articles for 2019
This list presents the most-read contributed articles published by Regulation Asia in 2019, based on aggregated user traffic analytics.
December 20, 2019 -
724FeatureSouth Korea Formally Launches Open Banking Service
Open banking will serve as a catalyst for various innovations and bring tectonic shifts in the financial industry, FSC chairman Eun Sung-soo said at the launch event.
December 20, 2019 -
415Australia & NZASIC Offers Clarity on Responsible Lending Obligations
ASIC has clarified when a licensee might undertake more or less detailed inquiries and verification steps based on different consumer circumstances and the type of credit being sought.
December 10, 2019 -
1.1KFintech / RegtechSouth Korea to Formally Launch Open Banking System This Month
October’s 10-bank pilot attracted over 5.5 million bank accounts with the open banking service now expanded to include eight additional banks and fintech firms.
December 2, 2019 -
704Fintech / RegtechBCBS Examines Evolution, Risks of Open Banking
While open banking has the potential to transform banking services and bank business models, greater attention must be paid to the risks that come with increased data sharing.
November 20, 2019 -
893Fintech / Regtech
S. Korea Launches 10-Bank Pilot of Open Banking System
Initially, bank customers will be able to access services from 10 banks, before the system is expanded to other banks and fintech firms in December.
October 31, 2019 -
1.1KFeatureHKMA Stresses Consumer Protection Ahead of Open Banking Phase II
The HKMA outlines its expectations for the consumer protection practices financial institutions should adopt for Open API Phase II and beyond.
October 30, 2019 -
597Australia & NZAustralia Senate Committee Releases Fintech, Regtech Issues Paper
The issues paper identifies five key factors for the fintech and regtech sectors which the committee will focus its attention on in a year long inquiry.
October 25, 2019
