Industry news
The second round of consultations were originally delayed until the appointment of a new finance minister, following the exit of Bill Morneau in August.
The Consumer Data Right (CDR) was introduced by the Australian Government to ensure consumers have greater control over their personal data.
The announcement comes after the European Banking Authority announced in July that eIDAS certificates of UK TPPs would be revoked when the transition period ends on 31 December 2020.
The new proposition allows mortgage lenders to incorporate Open Banking throughout the home buying experience.
The acquisition will see Eurobits’ 54 employees now form part of the organisation with Tink increasing its total number of employees to 365.
The announcement is the first partnership of its kind in India and is expected to be the first of many within the new framework.
The framework was developed in collaboration with Deloitte and in consultation with retail banks and other financial institutions in Bahrain.
Latest research shows worrying funding gap emerging for established SMEs as mainstream banks’ appetite for SME lending declines.
Looking beneath the headlines. Equifax take a deeper look into the data to see how different groups of consumers are impacted in different ways, and how the credit landscape is shifting.
