Posts Tagged ‘Regulation’
Q&A: Lisa Novier of Envestnet Data & Analytics on why data aggregation platforms need supervision in the US
The US’s market-driven approach has generated strong demand from consumers for data sharing, according to Envestnet Data and Analytics’ head of governance, risk and compliance.
Read MoreKonsentus Open Banking map indicates growing preference for regulatory-driven approach
The latest version of the Konsentus ‘World of Open Banking Map’ also revealed the most progressive regions.
Read MoreSilicon Valley Bank: ‘Rapid demise’ accelerated by having single client type
Tech companies should “reduce over-reliance” on one type of provider following the collapse of Silicon Valley Bank and add to their “financial stack”, according to Payhawk chief executive Hristo Borisov.
Read MoreAustralia’s Cuscal acquires Open Banking platform Basiq
Cuscal’s MD said the agreement will “cement our position as a leading provider of payments and regulated data services in Australia”.
Read MoreCentral Bank of Nigeria issues final Open Banking guidelines
Open Banking Nigeria called it “the culmination of a long journey for Open Banking in Nigeria”.
Read MoreKlarna to begin charging UK customers for late payments
UK head Alex Marsh said Klarna did not want to “monetise the misery of customers who fall behind” and has launched a ‘Customer Recovery Programme’.
Read MoreComplaints against BNPL to UK’s Financial Ombudsman on the rise
Exclusive figures obtained by Creditspring via a Freedom of Information Act request revealed 220 complaints against BNPL firms last year.
Read MoreUS fintech Payoneer secures UK e-money license from FCA
The payment platform has plans to expand its footprint in the UK.
Read MoreUK government and regulators need to take ‘decisive action’ after release of SWG’s final report
The publication of the Open Banking SWG’s report to JROC also revealed need for industry to work together to “unlock” potential of VRPs.
Read MoreUK government opens consultation on proposed BNPL regulation
Stakeholders are being invited to respond to the eight-week consultation, which is proposing the creation of a temporary permissions regime.
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