Posts Tagged ‘Regulation’
Canadian small business owners say Open Banking framework should take their ‘needs’ into account
Research by Mastercard Canada found that the majority of small business owners already use digital financial tools, with security a high priority.
Read MoreFeature: Open Banking in the UK – an ‘unfinished experiment’
Five years on from PSD2, Open Banking is a “vibrant ecosystem”, but what needs to happen to ensure Open Finance is the end goal?
Read MoreSaudi Arabian super-app ToYou enters BNPL market with Tabby
ToYou Pay Later is powered by Tabby, a shopping and payments app that has raised more than $275 million in funding, to date.
Read MoreUS Treasury says regulators need to “robustly supervise” bank-fintech relationships
The Treasury makes the recommendation in a new report, ‘Assessing Impacts of New Entrant Non-bank Firms on Competition in Consumer Finance Markets’.
Read MoreRegulation risks smothering BNPL market
Upcoming UK regulation governing BNPL providers will help silence critics but must be carefully calibrated so as not to stifle the expanding market.
Read MoreCurve chooses Salt Edge to ‘future-proof’ PSD2 capabilities
The financial super-app combines all debit, credit, and loyalty cards into one, has partnered with Salt Edge to continue to fulfil its obligations under PSD2.
Read MoreAwareness key to increasing early adoption of VRPs
Consumers are nervous and unfamiliar with variable recurring payments, which has inhibited early adoption of the new payment method.
Read MoreEuropean banks urged to collaborate for Open Finance to succeed
PSD2 has been both “a success and a failure”, according to senior leaders from across the European Open Banking and payments ecosystem.
Read MoreRegtech SteelEye secures $21m in Series B funding for US expansion
US demand for regtech solutions “at all-time high”, according to SteelEye’s Americas president Brian Lynch.
Read MoreBryan Zhang appointed Chair of Strategic Working Group for Open Banking
The committee believes that by working closely with industry and other key stakeholders, there is potential to build on the progress made to date in Open Banking
Read More