All posts tagged "Open Banking"
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730Fintech / RegtechS. 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 -
989FeatureHKMA 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 -
529Australia & 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 -
549Fintech / Regtech
Korea to Pilot Open Banking Platform From 30 Oct
Banks 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, 2019 -
187Australia & NZACCC to Probe Banks on Mortgage Pricing Decision-making
The ACCC is commencing an inquiry to find out why banks are not fully passing on interest rate cuts to borrowers, and what prevents customers from switching to cheaper lenders.
October 15, 2019 -
1.0KContributed ArticleNavigating Regulation for Singapore’s Banking 4.0
Singapore banking sector players are tasked with finding a balance between open innovation and regulatory compliance, says Finastra's Wissam Khoury.
October 11, 2019 -
2.6KFintech / RegtechSWIFT, HSBC to Define Common API Standard for Hong Kong
The 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, 2019 -
2.0KBig PictureHong Kong Making Slow Progress on Open Banking: S&P
S&P Global Ratings says Hong Kong’s approach to open banking makes it hard for third-party service providers to participate, limiting the potential of the new digital ecosystem.
October 3, 2019 -
341Australia & NZ
ACCC Selects Ten Firms to Test Open Banking Data-Sharing
The ten companies will work with Australia’s big four banks to test the data-sharing ecosystem through open banking APIs in the lead up to open banking’s official launch in February.
October 2, 2019 -
437Fintech / RegtechFSC Korea to Provide Funding Support to Fintechs
FSC chairman Eun Sung-soo told fintech executives that a 300 billion won fund will be set up to invest in the sector and regulations will be eased to promote fintech development.
September 19, 2019
