Israel To Mandate Open Banking Despite Political Deadlock
After months of political deadlock, Israel’s banking regulator has taken up the mantle of open …
ECB Tells Industry To Build New Continent-Wide Payment Scheme
The European Central Bank (ECB) has thrown its weight behind the creation of a new …
Open Banking Deadline Delay Not Necessary, Says EBA
The European Banking Authority (EBA) has acknowledged there were “teething problems” around the introduction of …
U.S. Lawmakers Urged To Ban Screen Scraping For Financial Data
U.S. fraud experts and consumer rights advocates have urged lawmakers not to let screen scraping …
Free Range Fintechs Pose Open Banking Supervision Risks
Regulators must be wary of the risks posed by banks providing account access to unregulated …
FCA To Consult On Expanded 'Open Finance' Regime
The UK’s Financial Conduct Authority (FCA) will launch consultations on an “open finance” framework later …
First Fraud Patterns Emerge As UK's Open Banking Project Gains Ground
As the UK’s first open banking offerings start to gain consumer traction, fraudsters are already …
European Banking Authority Blasts Attempts To Skirt PSD2
European authorities are investigating efforts by banks to thwart account access for fintechs mandated by …
Hong Kong Sets Out Consumer Protection Pointers For Open Banking
Hong Kong’s financial regulator has urged banks and payment service providers to thoroughly vet fintechs …