Tag "Open APIs"
Open Banking Development Stalls in Hong Kong
More than two years after the Hong Kong Monetary Authority (HKMA) issued the Open API Framework for the Hong Kong Banking Sector, development of open banking is stalling as the industry “is clouded by uncertainty on data and privacy governance,”
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Open Banking in Hong Kong to Fuel The City’s Fintech Ambitions
Open banking is gaining traction globally fueled by regulations like the EU’s PSD2 and the UK’s CMA Open Banking, a combination of banks’ internal efforts and market initiatives. Open banking refers to the use of open Application Programming Interfaces (APIs)
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