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Market First, Regulation Later? The American Open Banking Journey

Open Banking Excellence

The CFPB is taking a different approach than other regulators by specifying a single standard-setting organisation for open banking, aiming to streamline implementation and ensure interoperability. In addition, it builds on an extensive study of open banking in the UK and EU, which was recently published. Open banking in the U.S.

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Payments Innovation in Indonesia to Drive Economic Growth and Financial Inclusion

Fintech News

But to fully realize the sector’s potential, stakeholders must focus on nurturing a robust ecosystem by enhancing capital access, attracting and retaining top talent and fostering a strong demand for payment solutions, a new report by Emerging Payments Association Asia (EPAA) says.

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Taking on Cross-Border Faster Payments to Meet Newfound Consumer Expectations

Faster Payments Council

It is now what they are accustomed to with the seamless and easy nature of services such as Airbnb, and what they demand, given the safety concerns brought on by the pandemic. It also identifies interoperability approaches, along with associated settlement schemes that are necessary to create a world-class cross-border payment system.