Tag Archives: Regulation

Bank Negara Malaysia has released a proposed guideline for open APIs in Malaysia and is currently seeking feedback from the public. Three areas of focus for the open APIs have …

New Zealand is well on the path to open banking, with Payments NZ releasing the first API standards for payment initiation and account information. A pilot test for open banking …

South Korea’s financial regulator has revealed plans to create an open interbank payment network. The system is expected to help the country foster more successful FinTech firms and rejuvenate the …

The Payment Services Directive 2 (PSD2) may be one of the most disruptive developments in banking and FinTech this decade. The new legal framework established has forced financial institutions to …

The Payment Services Directive 2 (PSD2) and other emerging payment initiatives such as Instant Payment are impacting the way payments are completed. They present an opportunity for merchants to upgrade …

The Payment Services Directive 2 (PSD2) is a European Union (EU) regulation that aims to adapt the regulatory framework of payment services to the challenges posed by the emergence of …

Despite what would seem to be a slew of advantages, Europe has failed to become a prominent home to consumer tech. While the U.S. is home to Apple, Amazon and …

Many wonder how Brexit will impact the United Kingdom’s FinTech sector, especially given recent data that suggests nearly 42% of FinTech employees in the United Kingdom come from abroad. In …

Singapore’s goal of becoming a high-tech financial hub is running into real-world problems of labor supply and demand. While the nation’s universities and polytechnic schools churn out an estimated 400 …

Uzbek President Shavkat Mirziyoyev has signed a decree designed to attract foreign specialists and financing into Uzbekistan in sectors in which the country currently has a gap. This measure is …

Turning a FinTech startup into a success story is no easy task, no matter how disruptive or innovative. Here are 5 mistakes FinTech startups often make that lead to failure: …

Last summer, more than 400 peer-to-peer (P2P) lending platforms in China collapsed, costing thousands of Chinese millions in lost investments. The reason for their collapse is due to the lack …

Late last year, Robinhood attempted to launch a disruptive, first-of-its-kind checking/savings product, one which offered consumers a 3% interest rate with zero fees. Just days later, however, the company had …

The National Bank of Kazakhstan introduced several changes last year that have affected online lending. Specifically, the Bank limited the annual effective rate to 100% and also reduced the total …

The lack of regulations governing many areas of FinTech in Russia is providing many great opportunities for FinTech startups to test innovative new solutions that might be difficult to test …

FinTech startups continually create new, innovative solutions to modern financial issues, taking advantage of technology advances to make lives easier and business processes better. However, they are often at odds …

Despite concerns over the impact of Brexit, many startups are not willing to give up on London and its rich business networks and strong financial flows. At the same time, …

Payments are a trending topic in the FinTech world. Here are 18 predictions for what’s in store for payments in 2019: APIs– every board room is discussing APIs, but the …

China has embraced FinTech solutions as ways to make their lives easier, with one-stop shop apps allowing nearly half a billion people to access a dizzying array of financial services. …

The full-scale implications of Brexit are unclear for a number of industries, including the FinTech industry. Dr. Joanna Perkins of the Financial Markets Law Committee (FMLC) outlined six key areas …