Designed to provide consumers with greater control over their financial data, and make it considerably easier to view and manage their finances, the new regulation allows customers to give permission for banks to securely share their financial data with third-party technology companies.
THE rise of open banking and open application program interfaces (APIs) have profound implications for banks and financial…
Open Banking Pioneer Deposit Solutions Closes New Investment Round of USD 100m Led by Vitruvian…
The Australian Competition and Consumer Commission has been appointed to determine how a new Consumer Data Right will apply to the Australian economy.
The article first appeared in AltFi The recent announcement of the next awards to recipients in the Open Banking Challenge got me thinking about the number…
FreeAgent, the award-winning, and innovative cloud accounting software provider, has received new credentials from the UK’s Financial Conduct Authority (FCA) enabling it to provide Open Banking services to freelancers, contractors, micro-business owners and their accountants.
Open Banking came into effect in the UK in January of 2018, but the on-going consideration of how this could change the user experience for advisers and wealth managers in the future is no longer a crystal ball gazing exercise.
The third and final part of our fintech series looks at the battle between innovation and regulation in the fintech space…
In the world of consumer banking, the Open Banking resolutions are indicators of a subtle shift.
After reading about how Open Banking is opening up access to customers’ account and transaction data you may well have a great idea for a product you want to launch.