January 3, 2024
Via: The Fintech TimesThe CFPB proposed a change on personal financial data rights implementing Section 1033 of the Dodd-Frank Act. It has stated that it aims to finalise the rule in 2024, formally establishing consumers’ right to control and securely share their financial […]
March 29, 2023
Via: ThePaypersEPI Company has expressed its support for the European Commission’s proposed legislation on instant payments, which aligns with the Commission’s Retail Payments Strategy. The proposed regulation would make instant payments available to all European citizens, including individuals and businesses/merchants, on […]
January 23, 2023
Via: ThePaypersMultinational banking group HSBC has received an official warning from UK’s Competition and Markets Authority (CMA) regarding failures in providing the correct information about the Open Banking processes. According to the UK’s Competition and Markets Authority (CMA), the bank published […]
January 4, 2023
Via: The Fintech TimesWhat is Smartpay? Smartpay was founded in June 2021 by seasoned industry professionals who had previously held leadership roles in Instagram, Standard Chartered Bank, Facebook, Stripe, Adyen and Mastercard across the Asia Pacific, and Middle East, and North Africa (MENA) […]
January 2, 2023
Via: Fintech NewsTraditional banks in New Zealand have long served as gatekeepers of customers’ data. This is about to change with the arrival of what’s called “open banking”, set to arrive in New Zealand by 2024. In essence, open banking is where […]
November 30, 2022
Via: Isabella CarterDigital transformation is democratizing data across all industries, enabling richer features, greater transparency, and a better customer experience. As new technologies allow fintech and other companies to access legacy systems, Banking-as-a-Service (BaaS) solutions have emerged as an important component of […]