Hong Kong Financial Sector Outpaces Regulator On Open Banking
Hong Kong will press ahead with plans to develop common standards for open banking, the …
Australia: New Payments Platform Releases White Paper on Real-Time Payments 2.0
New Payments Platform (NPP) Australia has released a white paper on the next generation of …
Italy: Central Bank Publishes Information for Accessing Payment Accounts under PSD2
On July 30, 2019, the Bank of Italy published information on new services for accessing …
Fintechs Call For 'Flexibility' On Account Access Rules As Bank APIs Stutter
European fintechs have written to national regulators to express “grave concern” over the quality of …
Ukraine Eyes Radical Shake Up of Payments Regulation
Ukraine’s top financial regulator has embarked on a campaign to liberalise the country’s payments market …
EBA Clarifies Fourth Set of Issues Raised by Working Group on APIs under PSD2
On July 26, 2019, the European Banking Authority (EBA) published responses to a fourth set …
Feuding Banks And Fintechs Reach Agreement Over PSD2 Account Access
Industry associations representing banks and third-party providers across the EU have reached an agreement over …
European Credit Sector and Third-Party Provider Associations Issue Joint Statement on Efforts Regarding Transition to New Payment Rules under PSD2
On July 26, 2019, the European Credit Sector Associations (ECSAs), the European Third Party Providers …
AI Regulation Still Hazy For UK Financial Firms
Concerns remain about consumer consent for financial services firms to use artificial intelligence (AI), and …