Payment firms are set to capitalise from the digital transformation of Hong Kong’s financial sector, experts have said, as regulators make progress on ambitions to become a world leader in...
EU lawmakers have defended the final drafting of third-party access rules under the revised Payment Services Directive (PSD2) against criticism that they had not properly consulted with regulators...
Consumers will be empowered by the changes recommended in a wide-reaching report into open banking in Australia, says a former competition regulator, but payment initiation services have been left...
Australia is inching closer to establishing a regulatory framework for open banking, following a government review that set out a range of reforms that would lay the groundwork for third-party...
On February 8, 2018 the Central Bank of Russia (CBR) published guidelines for financial technologies development for 2018-2020, which determine the main goals and objectives for the development of...
On February 8, 2018 the European Commission published a notice to stakeholders on the withdrawal of United Kingdom and European Union rules in relation to banking and payment services.    ...
Banks and fintechs remain at odds over whether consumers will be able to share their online banking login credentials with third parties under incoming EU-wide security standards.
European regulators have said further guidance is likely on the "transition period" between the revised Payment Services Directive (PSD2) and accompanying security standards, as the issue of screen...
EU authorities are examining whether newly regulated third-party providers may already be developing business models that stray beyond the boundaries of the revised Payment Services Directive (PSD2).
EU officials are optimistic that a new cross-industry working group will be able to overcome serious concerns about the viability of third-party account access rules.
The head of the European Banking Authority (EBA) has written to EU lawmakers with concerns about the final text of security rules under the revised Payment Services Directive (PSD2).
Finland’s financial regulator has clarified that screen scraping will remain prohibited in the country in a move that could delay third-party services from entering the local market, despite...
A senior European Banking Authority (EBA) official has accused lawmakers of failing to clarify the legal status of screen scraping under incoming legal reforms, warning of more industry conflict...
The emergence of payment initiation services could see banks lose out on as much as €100m in revenue from payment services, according to new research into the revised Payment Services Directive ...
Attempts by the Polish regulator to address uncertainty caused by delayed transposition of the revised Payment Services Directive (PSD2) have failed to clarify crucial issues around third-party...
Ireland’s 11th-hour transposition of the revised Payment Services Directive (PSD2) has been touted by officials as transformative for the financial sector, but there is little sign so far that...

Pages