Articles with tag: standardisation

Found 27 results in 182 milliseconds.

India makes GST e-invoicing mandatory from October 2020

28 Sep 2020 | E-invoicing, SCF & E-procurement

The India-based government has announced plans to make GST e-invoicing mandatory for companies starting 1 October 2020.

India, GST, e-invoicing, mandatory, small businesses, Goods and Servies Tax Council, standardisation, interoperability, auto-population, invoice details, GST return, e-way bill

The European Commission releases legislative package for crypto assets

28 Sep 2020 | Cryptocurrencies

In September 2020, the European Commission has published a legislative package for crypto assets in the EU. 

European Commission, legislative, crypto assets, cryptoassets, Digital Finance Strategy, Regulation on Markets in Crypto Assets, Pilot Regime for Market Infrastructures, DLT, regulations, best practices, national frameworks, CASPs, Crypto Asset Service Providers, Single Market, EU legislation, standardisation, crypto regulations

Yapily announces strategic partnership with Ozone API

15 Sep 2020 | Online & Mobile Banking

Open Banking solutions provider Yapily has announced a strategic partnership with Ozone API, the API standards-based platform, to enable banks and financial institutions to accelerate their adoption of Open Banking. 

Yapily, partnership, Ozone API, Open Banking, API, banks, monetisation, standardisation

Major Canadian banks join up to protect open banking data

06 Aug 2020 | Payments General

Financial Data Exchange (FDX) Canada has been officially launched and comprises 31 organisations leading the Canadian financial services ecosystem, including the Big Five banks.

Banks, Open Banking, data, security, RBC, CIBC, National Bank, TD Bank Group, BMO, Desjardins, Tangerine Bank, Simplii Financial, Equitable Bank, Interac, standardisation

BI pushes for Open Banking development amid data security concerns

24 Jul 2020 | Online & Mobile Banking

Bank Indonesia (BI) has urged the financial industry to develop an open banking system to boost financial inclusion, but a lack of security standards and data protection regulation can hold up the central bank’s latest effort to boost the digital economy.

Bank Indonesia, Open Banking, data, security, regulation, payments, API, fintech, financial inclusion, standardisation

FIME releases new version of its automated open banking API test solution

23 Jun 2020 | Online & Mobile Banking

FIME has released a new version of its automated open banking API test solution, TrustAPI+, including support for The Berlin Group, the open-access API standard. 

FIME, open banking, API, standardisation, banks, TPPs

Brazil introduces Open Banking with API solutions from TecBan and Ozone

20 May 2020 | Online & Mobile Banking

The Central Bank of Brazil has announced new open banking regulation along with a partnership with TecBan and Ozone.

Central Bank of Brazil, TecBan, Ozone, open banking, proof of concept, regulation, sandbox, standardisation

Open Banking Europe releases Open Banking API Signature Standard draft

14 May 2020 | Payments General

Open Banking Europe (OBE) has published its JSON Web Signature Profile, an Open Banking API signature standard, for industry review. 

OBE, Open Banking Europe, Open Banking API Signature Standard, JSON web signature profile, standardisation, security, European APIs, ETSI, PSD2, API communities, Berlin Group, STET, SIBS, Czech Open Banking, UK Open Banking, jAdES, eIDAS Regulation

Pelican connects over 2,000 banks with OBWG and Berlin Group interoperable APIs

12 May 2020 | Payments General

Pelican AI, a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, has announced that the Pelican API Interoperability Hub now offers open API connections to 2,187 banks across Europe. 

Pelican, banks, OBWG, Berlin Group, interoperable APIs, TPPs, API standardisation, payments, compliance

The Paypers, Innopay release white paper on the global state of play in Open Banking

04 May 2020 | Online Payments

The Paypers and Netherlands-based financial consultancy firm Innopay have released a white paper researching the latest developments in regulatory frameworks in key geographies.

Open Banking, PSD2, The Paypers, Innopay, Open Banking Report 2019, Europe, UK, Australia, United States, Mexico, Hong Kong, Singapore, Japan, India, and New Zealand. Standardisation, regulatory framewrok, third party providers, Hong Kong Monetary Authority, Consumer Data Right, Mexico Fintech Law, Scope of services, open banking commercial model,

Open Banking - Global State of Play White Paper

04 May 2020 | Online & Mobile Banking

Individual white paper containing all the latest updates to the Open Banking Global State of Play. Research conducted by The Paypers and Innopay

Open Banking, PSD2, The Paypers, Innopay, Open Banking Report 2019, Europe, UK, Australia, United States, Mexico, Hong Kong, Singapore, Japan, India, and New Zealand. Standardisation, regulatory framewrok, third party providers, Hong Kong Monetary Authority, Consumer Data Right, Mexico Fintech Law, Scope of services, open banking commercial model, David Mintjes, Mountaim Cortet, Alexandra Constantinovici, Oana Ifrim,

The Banking Industry Architecture Network welcomes a host of new members

12 Mar 2020 | Payments General

Independent not-for-profit standards association, The Banking Industry Architecture Network (BIAN), has welcomed a host of new members to its organisation. 

The Banking Industry Architecture Network, BIAN, Open Banking, standardisation, banking, API

Pay UK consults on new standard for UK retail payments

06 Feb 2020 | Payments General

Pay.UK has established an industry consultation regarding its recommended approach for UK retail payments, reports Electronic Payments International.

Pay UK, UK, retail payments, standardisation

Open Banking - a very global business

19 Dec 2019 | Online & Mobile Banking

To get a better sense of what an Open Banking regime looks like, here's a look at what's happening around the world

Open Banking, regulation, standardisation, security, SCA, authentication, monetisation, fintech, banks, TPP, customer experience, SMEs, banking, data, innovation, consumer education, liability

Europe can reform the payments industry by unlocking the full potential of Open Banking and Instant Payments

12 Dec 2019 | Payments General

Michael Steinbach, CEO equensWorldline: To make the most of the combination of Open Banking and Instant Payments, we need to make Instant Payments the new normal

Michael Steinbach, CEO equensWorldline, instant payments, Open Banking, Europe, standardisation, interoperability, ecommerce

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

15 Nov 2019 | Online & Mobile Banking

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

Rethinking banking, players, and business models - The PSD2 paradigm shift explained

08 Nov 2019 | Payments General

Mathieu Barthélémy, Worldline: In a few years, Open Banking has the potential to disrupt many more industries and ultimately provide consumers with integrated, cross-industries experiences covering end-to-end customer journeys

Mathieu Barthélémy, Worldline, Open Banking, PSD2, regulation, innovation, API, standardisation, digital banking, TPPs, SMEs, corporations

Open Banking Europe launches PSD2 Transparency Directory

07 Nov 2019 | Payments General

Open Banking Europe (OBE) has announced the launch of the OBE PSD2 Transparency Directory, which will contain information about PSD2 and Open Banking application programming interfaces (APIs).

Open Banking Europe, PSD2 Transparency Directory, API, Open Banking, security, standardisation, banks, financial institutions

EMVCo to support expanding issuer identification number as defined by ISO, IEC

16 Aug 2019 | Cards

EMVCo has announced that it is working to evolve the EMV Integrated Circuit Card Specifications for payment systems to support future IIN and the existing six-digit format.

EMVCo, card, issuer identification number, ISO, IEC, EMV, International Organisation for Standardisation

Europe of payments: the challenge of European sovereignty

14 Aug 2019 | Expert Opinion

Andréa Toucinho, Partelya Consulting: “It is important to invest in regulation, in security, and in a collaboration between markets and countries in order to create a real European strategy”

Europe, payments, Andréa Toucinho, Partelya Consulting, Europe, global payments, ecommerce, cash, B2B, B2C, GDPR, PSD2, ATM, banking, API, standardisation, Open Banking