Non-Bank Related Topics 
Payments Dive
NOVEMBER 1, 2023
The amendment to the FTC’s Safeguards Rule would require non-banking financial institutions to report when they discover information impacting at least 500 people has been accessed without authorization.
The Paypers
SEPTEMBER 26, 2023
Provider of mobile payment solutions Boku has received authorisation for its Malaysian entity to operate as a Non-Bank Merchant Acquirer.
The Paypers
MARCH 27, 2023
Chinese multinational provider of comms technology Huawei has launched its Non Stop Banking initiative to enable banks to increase revenue and customer base, save operational costs and enhance financial inclusion.
PYMNTS
APRIL 2, 2020
Non-bank lenders are on shaky ground as they face the prospect of mortgage payment forbearance with the ongoing coronavirus pandemic, which could end up costing them $12 billion per month, according to the Financial Times. The issue is that reimbursement comes at a lag, which creates problems even in non-crisis times.
Open Banking
MARCH 16, 2023
Open Banking Limited (OBL) today announced that Claudio Pollack has been appointed to the Board as an independent Non-Executive Director (NED). His considerable experience will be invaluable to the Board as we navigate the future development of open banking in the UK, and transition to a Future Entity.” Notes to editors: 1.
The Paypers
AUGUST 23, 2022
The Australian Government has announced the release of Treasury’s final sectoral assessment report which recommends the designation of the non bank lending sector for the CDR.
PYMNTS
NOVEMBER 30, 2020
Non-bank lenders in Singapore will soon be granted access to the country’s digital payments platforms PayNow and FAST, according to a statement from the Monetary Authority of Singapore (MAS), the country’s central bank, on Monday (Nov. PayNow and FAST enable people to move funds between banks and digital wallets.
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