Posts Tagged ‘JROC’
FCA outlines future entity design for UK Open Banking
The Financial Conduct Authority (FCA) has been named by the National Payments Vision (NPV) as the lead regulator for the next phase of UK Open Banking.
Read MoreInsight: Open Banking – are we on the same page?
GoCardless’ Andy Wiggan and Kaley Addo, head of investment operations at saving and investing app Moneybox, provide the merchant versus payment provider perspective.
Read MoreOBL, Innovate Finance issue responses to JROC’s Future Entity design proposals
Open Banking Limited and Innovate Finance have separately highlighted some concerns related to the Interim Entity proposed by JROC.
Read MoreOpen Banking Limited seeks feedback on UK Open Banking Standard 4.0
OBL has opened a consultation after updating the standard to ensure it aligns with international best practice.
Read MoreJROC proposes design of Future Entity in the UK
The JROC report also sets out its plans to create an ‘Interim Entity’, which will be needed for “at least 18 months”.
Read MoreWhat future for UK Open Banking under a Labour leadership?
The Labour Party has revealed its plans for the UK’s financial services sector, including Open Banking and Open Finance, should it come to power at the next general election.
Read MoreJROC responds to the VRP Working Group’s blueprint
The UK’s Joint Regulatory Oversight Committee is targeting a Phase 1 rollout of non-sweeping VRPs by the third quarter of 2024.
Read MoreUK’s Future of Payments Review endorses Open Banking as way to boost competition
Open Banking could provide “a viable digital alternative to the card schemes”, according to the review, and “improve the UK consumer account-to-account payment journey”.
Read MoreToken.io and Open Banking Expo release findings of VRP survey
The new report points to “need for greater bank coverage” to encourage adoption among merchants and PSPs.
Read MoreIndustry survey: Open Banking Expo and Token.io invite views on Dynamic and Variable Recurring Payments
Professionals from across the payments and finance industry are invited to participate in the 2023 survey.
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