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From open banking to open finance and beyond: The future of financial data-sharing

The Payments Association

From open banking to open finance and beyond: The future of financial data-sharing March 18 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The evolution of open banking into open finance, examining regional regulatory approaches and adoption trends. Why is it important?

Finance 88
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Mastercard and National ITMX Extend Partnership to Improve PromptPay Capabilities in Thailand

The Fintech Times

Merchants can display a QR code and receive payments directly to their bank accounts easily and instantly, reducing their reliance on cash and the need to visit the bank or invest in a traditional payment terminal. Everyone is a winner PromptPay’s massive growth has benefited both businesses and individuals in the country.

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State Regulators Report: Money Services Firms Handled $1.2T In 2017

PYMNTS

As noted by the Conference of State Bank Supervisors (CSBS), state regulators earlier this month released the inaugural Money Services Business Industry Report, which featured transaction data tied to 2017 and focused on licensed money transmission and payments. From a high-level view, the industry handled $1.2 GDPR Fines Loom.

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US Consumers Pay Down $10B In Credit Card Debt In Q3

PYMNTS

Americans paid off $10 billion in credit card debt in the third quarter (Q3) of 2020, but borrowed more for car and housing loans, according to a report in the Wall Street Journal (WSJ) citing the Federal Reserve Bank of New York. Non-housing balances — credit cards, auto loans, student debt — are up $15 billion. percent compared to 5.39

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Open Banking Limited welcomes Claudio Pollack as an independent Non-Executive Director

Open Banking

Open Banking Limited (OBL) today announced that Claudio Pollack has been appointed to the Board as an independent Non-Executive Director (NED). His appointment will strengthen the organisation as it continues to prepare for transition. Produce guidelines for participants in the Open Banking ecosystem. •

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Taiwan’s Fintech Push: Harnessing Innovation and Expanding Global Ties

The Fintech Times

While many incumbent banks and financial institutions have faced challenges during their digitalisation journeys, financial service providers in Taiwan have made significant strides in embracing digital transformation. Additionally, nearly 80 per cent of these banks utilise blockchain technology, particularly for certifying letters of credit.

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German FinTech N26 Eyes IPO With Hiring Of New CFO

PYMNTS

In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Backed by billionaires Peter Thiel and Li Ka-Shing, N26 launched its first products in 2015 and is among Europe’s most valuable non-listed FinTechs. Its most recent valuation was $3.5 Following the U.K.’s

FinTech 101