What the FinTech? | S.4 Episode 8 | The future of open banking in the UK
In this episode of the podcast, we’re joined by OBIE chair and trustee Marion King.
News, intelligence and resources on the global fintech industry including topics such as standards.
In this episode of the podcast, we’re joined by OBIE chair and trustee Marion King.
Banks should direct their attention towards legacy systems to optimise the return on their fintech investments.
The FCA says its proposals would make listing rules “more effective, easier to understand and more competitive”.
Mastercard Crypto Credential defines verification standards, instilling “critical” trust in blockchain tech.
Sopnendu Mohanty, chief fintech officer at MAS, discussed the country’s strategies and successes at IFGS 2023.
Customer accounts without funds will be closed on 9 May, Paxos says.
The central banks will conduct joint proof of concept and pilots of bilateral CBDC cross-border transactions.
The selected industry players will participate in use case proposals over the coming months, the central bank says.
The OWF intends to provide the “software engine” that organisations can use to develop digital wallets.
The integration allows banks to share standardised e-invoices with Saudi tax office Fatoora.
While blockchain is known for crypto, the Commission says the tech has a “wider utility” beyond financial services.
The pilot will test the technical feasibility of a CBDC and leverage the “skills and insights” of private industry.
Corlytics’ CEO John Byrne says the deal “sets the runway for further strategic acquisitions”.
Founded last year, the association says it represents over 80% of current BaaS sponsor banks in the US.
The Open Banking Lab will provide a technical testing environment to ensure compatibility with the country’s Open Banking Framework.
FinTech Futures takes a look back at some of the year’s top crypto developments and stories.
Banks face increasing regulations and compliance requirements as the cyber landscape grows more complex.
The UK government and regulators have a golden opportunity to set open banking on a path to success.
When it comes to talent investment, far too many financial firms continue to get it wrong.
The round was led by ICONIQ Growth and GGV Capital with institutional and individual investors participating.
Which banks will stand up and really push the envelope for good?
Download Celent’s survey and report based on over 200 banker interviews and deep analysis.
The two countries signed an MoU to remove regulatory barriers to fintech trade.
To make open banking tech a success in the long term, the guarantee of data security must be a continued priority.
Datonomy is a standardised way to help market participants view and analyse the digital assets ecosystem.
The next phase in the evolution of B2B payments will be dominated by mobile technologies.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Proposal aims to “ensure that instant payments in euros are affordable, secure, and processed without hindrance”.
Common business standards are required to enable interoperability of APIs across the financial services sector.
We chat with Lynn Ng of ING about whether cross-platform interoperability in trade finance is possible.
With a range of taxonomies, sources and utilities, ESG data is still some way from being standardised.
“Quantum, Revisited” with Avast CISO Jaya Baloo and Stacey Jeffrey, a senior quantum researcher at CWI.
Bianca Lopes makes the case why banks, FIs and regulators should be paying attention to digital identity.
Parties from both the tokenised and traditional asset worlds collaborated on the project.
In this episode, we’re joined by Gabriele Columbro, founder and executive director of FINOS.
We chat with Quavo’s Brittany Usher about the benefits of automating fraud and dispute management processes.
The organisation says crypto can “jeopardise the monetary sovereignty of countries”.
In this episode of the podcast, we’re joined by NMD+ founder Dave Wallace.
The new regulation will help protect investors while allowing for continued innovation within the sector.
Algorithmovigilance is growing in importance as human biases all too readily creep into AI tech.