Posts Tagged ‘FCA’
FCA 90-day rule change ‘huge win’ for Open Banking industry
The UK regulator announced the alterations to the 90-day authentication rule following a consultation in which respondents called it “onerous” and reported “high customer dropout rates” as a result.
Read MoreCMA to deliver ‘vision’ for future governance of Open Banking in early 2022
The organisation is working with the FCA and PSR on a ‘joint vision’ now, which is likely to have a more ‘sustainable’ funding model.
Read MoreZilch secures $110m from Goldman Sachs and DMGT
The London-based BNPL provider has topped up its Series B funding round, having raised $80m earlier in the year.
Read MoreKonsentus Verify checks UK-RTS compliant certificates
UK-regulated TPPs must complete their migration from OBIE legacy certificates to UK-RTS compliant certificates by 30 June 2021.
Read MoreFCA extends SCA deadline to March 2022
The new six-month extension for implementing strong customer authentication has been granted to ensure ‘minimal disruption’ to merchants and consumers.
Read MoreOzone launches Open Finance Hub
The new platform will help challenger banks, neo banks and EMIs deliver open APIs amid increased regulatory focus.
Read MoreWhy lenders should not ‘worry’ about the regulator’s Open Banking stance
An Open Banking Expo panel debate, sponsored by Equifax, sought to unpack some of the myths surrounding Open Banking data that have been slowing adoption.
Read MoreRegulation is coming for the buy now, pay later industry
Interest-free buy-now-pay-later agreements will be regulated by the Financial Conduct Authority
Read MoreInsight: Open Banking marks new era for lending post-pandemic
Freddy Kelly, CEO and co-founder, Credit Kudos provides his latest insight on lending in a post-pandemic world.
Read MoreUK Finance proposes new oversight model for Open Banking
The banking trade association has proposed a new monitoring and oversight model once the Open Banking implementation roadmap is complete in early 2021.
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