Articles with tag like: CMA

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Building upon the success of Open Banking in the UK

Voice of the Industry | Online & Mobile Banking | 02 Dec 2020

Imran Gulamhuseinwala OBE, Implementation Trustee for Open Banking Implementation Entity (OBIE), shares his thoughts on what the UK did right with Open Banking implementation and how it plans to build on this success

OBIE, Open Banking Implementation Entity, Open Banking, online banking, CMA, banks, incumbents, UK, Open Finance

UK regulator stops the merge between FNZ and GBST

News | E-invoicing, SCF & E-procurement | 07 Aug 2020

The UK Competition and Markets Authority (CMA) has provisionally blocked the merger of suppliers of retail investment platform solutions, FNZ and GBST.

UK, regulator, FNZ, GBST, Competition and Markets Authority, CMA, supplier, retail, imvestment, software, data

UK Finance and Accenture release report, proposing next steps for open banking

News | Online & Mobile Banking | 19 Jun 2020

UK Finance, in association with Accenture, has set a future model for how the UK’s Open Banking can progress once the current implementation phase ends early 2021.

UK, UK Finance, Open Banking, Accenture, Competition and Markets Authority, CMA, banking, CMA9, banks, Payments UK

OBIE launches online app store amid COVID-19

News | Online & Mobile Banking | 09 Jun 2020

The Open Banking Implementation Entity (OBIE) has announced the launch of an online app store to assist customers with finding open banking-enabled financial products. 

OBIE, CMA, Open Banking, COVID-19, Allied Irish Bank, Bank of Ireland, Barclays, Danske, HSBC, Lloyds Banking Group, Nationwide, RBS Group, Santander, App Store, financial products, budgeting, accountancy & tax, payments, borrowing, debt advice, financial safeguarding, The Power of Network, Ecosystem Infographic, TPP Events

Britain's Competition and Markets Authority urges Facebook, eBay to tackle fake reviews

News | Ecommerce | 09 Jan 2020

Facebook and eBay have promised to better identify, probe and respond to fake and misleading reviews.

Facebook, eBay, fake reviews, online security, shopping, ecommerce, CMA, UK

Interview with Imran Gulamhuseinwala, Trustee of the Open Banking Implementation Entity (OBIE)

Interviews | Online & Mobile Banking | 15 Nov 2019

Imran Gulamhuseinwala, OBIE: In order to make Open Banking a success, we need to look beyond PSD2, which, despite being an amazing piece of legislation, it did not have a background of understanding of Open Banking potential when it was created

Imran Gulamhuseinwala, Open Banking Implementation Entity, OBIE, Open Banking, fintech, innovation, UK, PSD2, standardisation, CMA, consent, GDPR, security, authentication

Open Banking could realise GBP 18 bln a year to consumers and SMEs in the UK

News | Payments General | 26 Jun 2019

A new report shows Open Banking could realise GBP 18 billion value for people and small businesses in the UK over the course of a year.

Open Banking, report, OBIE, small businesses, CMA, FCA, UK, regulation

iwoca adds Barclays and HSBC to Open Banking connections

News | Payments General | 12 Dec 2018

iwoca, the UK’s small business lender, has connected to Barclays and HSBC banks under Open Banking.

iwoca, Barclays, HSBC, Open Banking, lending, API, CMA

PayPal completes acquisition of iZettle for USD 2.2 bln

News | Payments General | 21 Sep 2018

PayPal has announced that it has completed its acquisition of iZettle for approximately USD 2.2 billion.

PayPal, iZettle, acquisition, mobile payments, commerce platform, merchant, CMA

Emerging Payments Association shares concerns about Open Banking

News | Payments General | 23 May 2018

The Emerging Payments Association has written to the OBIE calling to amend the terms of the CMA’s framework so that emerging payments organisations can realise the potential of Open Banking.

Emerging Payments Association, Open Banking, Open Banking Implementation Entity, fintech, CMA