Open Banking Excellence

JULY 8, 2025

Open banking in the United States is rapidly evolving, driven by both market initiatives and ongoing regulatory discussions. contrasts it with developments in Europe and the UK, and highlights key insights for the future of open banking in the country. Open banking in the U.S. has relied more on voluntary industry initiatives.

Regulations 130

Regulations Payment APIs and Integration CFPB API 130

The Fintech Times

MAY 30, 2025

Simply put, knowledge, says sgeir skarsson , managing director of BSV Association , non-profit organisation, acting as the open-source governing body and global steward of the BSV Blockchain. A lack of interoperability leads to a fragmented user experience, and if rushed to market, an increased risk of bugs and vulnerabilities.

Blockchain 51

Blockchain AI Use Case Cryptocurrency 51

Finovate

JANUARY 24, 2025

The cost of upgrading systems alone is huge, not to mention the added technical challenge of ensuring interoperability between different PSPs and banks across borders. It is designed to prevent major outages, like the devastating CrowdStrike software update last summer, from crippling banking, payment, and investment services.

Regulations 72

Regulations FinTech BNPL Cross-Border 72

Fintech News

JULY 17, 2024

The far-reaching study encompasses both crypto-native and non-crypto native methods, as well as strategies for prevention. The HKMA concluded that the bank failed to continuously monitor business relationships, conduct enhanced due diligence in high-risk situations for a period, and maintain proper records for some customers.

Money Laundering 111

Money Laundering Law Enforcement AML Non-Bank 111

The Fintech Times

JUNE 6, 2024

Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. The Saudi Central Bank (SAMA) has recently joined as a full participant, with over 26 other central banks observing.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments Cross-Border 45

Segpay

APRIL 1, 2025

While their goals align, their approaches and legal frameworks differ. Regulatory Frameworks In the United Kingdom, the Online Safety Act passed into law on 26 October 2023. This includes verifying through open banking details, credit card checks, mobile network operator age checks, or facial age estimation.

Verification 45

Verification Regulations Online and Mobile Banking Laws 45