UK To Retain eIDAS For Open Banking After Brexit
EU-issued electronic certificates relied upon by third-party providers will still be valid in the UK …
Regulators Look To Wield Open Banking Against Financial Crime
Regulators have mooted the possibility of beating the ploughshare of open banking into a sword …
UK And France Pressured Over Strong Authentication Timelines
Authorities in the UK and France are facing pressure to revise their planned delays to …
German Banks And Fintechs Agree To Combine Efforts On PSD2 Account Access
Germany’s payments regulator has endorsed a new collaborative effort by the country’s banks and fintechs …
Australia: AUSTRAC Consults on Proposed Amendment to Chapter 11 of AML/CTF Rules
On October 15, 2019, the Australian Transaction Reports and Analysis Centre (AUSTRAC) released proposed amendments to Chapter …
Malta Tells Banks To Monitor Third-Party Data Use Under PSD2
Regulators in Malta have told banks to ensure third-party providers operating under the revised Payment Services …
Australia: Reserve Bank Consults on New Payments Platform Access and Functionality Arrangements
On October 29, 2018, the Reserve Bank of Australia (RBA) launched a consultation seeking feedback …
Delays To PSD2 Standards A Fraud Concern, Says Europol
Europol has highlighted the dangers posed by the stuttering introduction of strong authentication and open …
UK: Banking (Cash Machine Charges and Financial Inclusion) Bill 2017-19 Passes First Reading in House of Commons
On May 16, 2018 the Banking (Cash Machine Charges and Financial Inclusion) Bill 2017-19 passed …