Yesterday, the OCC said it was reviewing its regulations around digital banking activities that includes looking at cryptocurrency and blockchain...
One of the biggest criticisms of the UK’s CBILS program was that it favored big banks and lending was too...
According to a new independent review of UK based Co-operative Bank by Canadian central banker Mark Zelmer banks runs in...
Open Banking, seen as a potential game changing regulatory change, is set to launch in the next few days in the UK; Open Banking requires banks to allow fintechs and other third parties to have access to customer data if the consumer agrees to grant access; the new law will allow for a safer data exchange, in the past consumers shared their login details and third parties scraped the data, and standardize access across the UK and Europe; while banks have pushed back on the coming change this will allow customers to better control their information and tailor services to their lifestyles. Source.
Tokenization has been set for some time to cause disruption but open finance incorporation may be key to realize its growth.
[Editor’s note: This is a guest post from Bryan Kirschner, Vice President of Strategy at DataStax.] Last year, Accenture released...
Revolut’s announcement in early February to partner with TrueLayer on open banking aggregation could prove to be one of their...
Open Banking has reached one year in the UK and the initiative is proving to be challenging and effective; the...
The combination of increasing customer expectations and the emergence of neobanks and open banking makes this an exciting period for fintech, Mobiquity’s VP of digital banking Peter-Jan Van de Venn, said.
More than 100 Digit employees and current CEO Ethan Bloch will become a part of the Oportun ecosystem.