Author: PayX News

Banks must embrace, not fight, open banking regulations

The best thing a banker can do today is regard the U.K. as a real-world fintech laboratory, track developments closely and seek opportunities to capitalize on change, writes Naomi Bowman, managing director for Berkeley Research Group in London.

Large Banks Hurting Open Banking within the UK – LendIt Information | Satoshi Nakamoto Blog

RBS and Barclays have acquired criticism currently for not launching their very own open banking APIs; although they’re compliant with the brand new regulation many imagine launching their very own APIs will assist to construct extra consciousness within the open banking initiative; 14 p.c of individuals between 18 and 24 years outdated have heard of

Open Banking in Australia – An Open Forum

Project deadlines that span a year or two aren’t usually nerve-racking. But, when it means making a significant change to your business strategy, internal systems and technology infrastructure, it can become a head scratcher.

Adventures in Open Banking: Understanding OAuth and OpenID Client Ecosystems

Pamela Dingle, Director of Identity Standards, Microsoft What happens when you need to create an open API ecosystem with robust security requirements

Why did ForgeRock build a model bank for testing open banking APIs?

Digital identity management specialist ForgeRock clearly sees the new open banking regulations popping up across the UK, Europe and New Zealand as a huge opportunity.

Open Banking driven forward by data-sharing youth, UK study shows | The Paypers

UK-based financial services consultant Altus has issued a survey revealing a higher rate of openness towards open banking among the young generation.

Open Banking Gains International Attention

As the open banking wave spreads, Deposit Solutions announced it raised $100 million in venture capital, and Equifax formed an alliance with consents.online.

Most Australians in the dark about open banking

New statistics have revealed that open banking remains largely unknown to the wider Australian population – and 2 in 3 are not open to sharing their data, anyway.

Konsentus launches PSD2 open banking sandbox | RegTech Analyst

UK-based Konsentus has launched its FinTech sandbox to help financial institutions with PSD2 open banking compliance. 

How to Implement Secure APIs in an Open Banking Partnership Part 1 – Strong Customer Authentication

Open Banking consultant and trainer Jon Scheele continues a series of articles on how financial institutions and FinTechs can implement new technologies in the European Union (EU) regulatory landscape…