Financial Data Access News Today

A French corporation with share capital of 1,003,724,927.50 euros Registered office: 29 boulevard Haussmann - 75009 PARIS 552 120 222 R.C.S. PARIS ...

A French corporation with share capital of 1,003,724,927.50 euros Registered office: 29 boulevard Haussmann - 75009 PARIS 552 120 222 R.C.S. PARIS ...

In the coming months, European Payment Service Providers will enter a phase of crucial regulatory changes. It starts with CESOP which enters into force very soon. Building on its payments and compliance experience, LUXHUB’s mission is to provide flexible services that ensure their smooth compliance.

For those operating in the financial services sector, the regulators continue to pile on the pressure with a wave of new challenges in the pipeline to add to those already implemented. Institutions, already struggling with less than optimal legacy technology platforms, must begin to feel like they have become recipients of the proverbial (uninvited) gift that just keeps on giving (but not in a good way). A new, modern, open, integrated core system could be the one item on the wish-list this fest...

On June 28, 2023, the European Commission (EC) published a Proposal for a Regulation on Financial Data Access (FIDA). FIDA aims to create a framework through which data holders (e.g.,...

In a statement commenting on both proposals, James Kemp, managing director at the AFME, says: “FIDA and PSD3 could enable access to new, broader data sets to enhance the way banks operate, encourage innovation across sectors, and support a more effec

The EU Commission put forward proposals Wednesday to modernise payments services and the financial sector to include enhanced protection for consumers making electronic payments in the EU.