The Dutch central bank and payments regulator has said authorities are already assessing the risk posed by technology giants from the United States and China, particularly as open banking beds in...
Third-party providers face an uphill struggle for adoption in Poland, researchers have suggested, with incumbents more concerned about the threat posed by technology giants and rival banks than by...
On May 22, 2019, the New Payments Platform (NPP) published Version 2.0 of the NPP API Framework, which was initially launched in September 2018....
A firm in Lithuania has become the first to be fined by the fintech hub for reaping too much customer data while carrying out payment initiation, highlighting the risk of collision between data...
As Canada inches closer to establishing an open banking framework, industry insiders say clarity is needed around where liability sits in the value chain and what the role of government authorities...
On January 31, 2019, the Malta Financial Services Authority (MFSA) released a consultation paper on its proposed fintech strategy, by means of which it aims to establish Malta as an international...
Lithuania’s regulator will consult further on going beyond the scope of the revised Payment Services Directive (PSD2) to provide broader access to data, after strong support from the industry.
On November 27, 2018, the Bank of Lithuania launched a public consultation seeking feedback in regard to the need and conditions for open banking in the country, following regulatory changes made...
Rumours are swirling that European authorities may be persuaded to extend September’s deadline for demanding and controversial new security rules. However, firms hopeful the reforms will be phased...
UK industry insiders have defended the slow uptake of new open banking offerings, saying that the underlying regulatory reforms are still bedding in and insisting the issue cannot be properly...
A European politician has backed a group of third-party providers concerned that banks are planning to restrict emergency account access once major reforms take effect in September.
On May 1, 2019, the Open Banking Implementation Entity (OBIE) released Open Banking Standard version 3.1.2, which enables enhanced features and functionality, extending beyond basic compliance with...
On April 26, 2019, the European Banking Authority (EBA) published clarifications to the third set of issues (VIII to XIII) that had been raised and discussed by participants of its working group on...
On April, 24, 2019, Banco Central do Brasil (BCB), the country's central bank, approved and issued guidelines to be considered while the open banking system model is implemented....
On April 24, 2019, the European Banking Authority (EBA) published an opinion on the nature of passport notifications of payment institutions and electronic money institutions using agents and...
Some parts of open banking look set to lift off in South Korea before the end of the year according to regulators, marking the latest in a surge of competitive measures aimed at the country’s...

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