Tag "Open banking"
Hong Kong’s Next Phases of Open Banking Presents Exciting Opportunities
Two years into the implementation of open banking and Hong Kong is now heading into Phase III and Phase IV of its strategy, which will see account information and customers’ transactions being made available to third-party providers. As the region
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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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