Countries across the Asia-Pacific region have been quick to establish open banking frameworks following the rollout of open banking regulations in the United Kingdom and the European Union’s passage of …

With open banking growing in popularity across the globe and the Second Payment Services Directive (PSD2) coming into full force, many Polish banks are reluctant to embrace open banking. Leaders …

Two of Africa’s largest mobile operators and mobile money providers (Orange Group and MTN Group) have announced they will use Mojaloop, an open source financial services technology sponsored by the …

The Australian government has announced that it will begin phasing in recommendations from the Open Banking Review beginning on July 1, 2019. Once fully-implemented, open banking will give Australian consumers …

A number of FinTech companies in the European Union (EU), namely Bankin, Eurobits, Sofort, PPRO and Trustl, have decided to oppose the Second Payment Services Directive (PSD2). These companies contend …

Isracard, the largest credit card company in Israel, has selected banking software company Temenos to serve as its open banking platform. Isacard’s selection of Temenos will help the company achieve …

European payment provider Klarna has announced the launch of its own open banking platform. The platform will provide access to more than 4,300 European banks through a single API in …

AccountScore, together with The Insolvency Panel, has announced the launch of the first ever open banking service designed to help people get out of debt. The service auto-populates consumer income …

The Second Payment Services Directive (PSD2) underpins open banking across the European Union (EU); however, open banking in the Netherlands has yet to become a reality as Dutch regulators have …

Huawei and Forms Syntron, a leading Chinese bank solution provider, have jointly released Fincube, a distributed open platform solution for the financial industry. Fincube will help banks at various scales …

A survey of 442 European Union (EU) banks conducted by the Swedish open banking platform Tink has found that 41% of EU banks have failed to provide a testing environment …

Changing consumer patterns, the emergence of non-traditional competition (e.g. FinTechs, blockchain and artificial intelligence) and initiatives undertaken by the Reserve Bank of India have provided the ideal timing for Indian …

Early this year, Sberbank registered 182 domains having “sber” in the address (e.g. sber-medicine.ru, sber-fashion.ru and sbersale.ru). The mass registration of domains is part of Sberbank’s effort to develop an …

As the Second Payment Services Directive (PSD2) becomes just another part of business in the European Union (EU), it is natural to wonder about the state of open APIs in …

Qiwi has launched an open API money transfer service for its customers, giving users the chance to customize their own way of receiving funds. The new service makes it easier …

PrivatBank has launched a new open API platform to allow FinTech companies to create effective, innovative solutions that work with bank data and provide consumers with new digital services. The …

With the implementation of the Second Payment Services Directive (PSD2) in the European Union (EU) and Ukraine’s relationship with the EU, it is natural to wonder about the implications of …

The Digital Tools for the Development of Insurance Product Partner Sales roundtable was held in Moscow, a first-ever discussion between insurance companies, intermediaries and IT experts in the country. The …

Open APIs are starting to emerge as a trend in the market of IT solutions in Kazakhstan, with private banks actively exploring the potential of open APIs and the National …

The personal data of consumers who requested a loan and/or credit card from the now liquidated Binbank may have been compromised. The compromised data includes names, passport data, phone numbers …