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Why open banking APIs are so different 6 hours ago
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Open banking comes with a lot of expectations and promises, such as democratisation of Access to Account (X2A), increased competition between banks and fintechs, and provision of better control to end-customers over their financial data and payments. To facilitate the adoption of open banking, several API standards incentives were created including Open Banking UK, Berlin Group, STET in France, Polish API, CDR in Australia, and so on. Also, a process of collaboration between API groups has been initiated.
Post-Brexit trade deal gets big green light from European Parliament
The vote means the final hurdle in the Brexit talks has been overcome
Minister for Foreign Affairs Simon Coveney said that the ratification of the trade and co-operation agreement (TCA) was an important milestone .
Wed, 28 Apr, 2021 - 10:48
Paul Hosford, Political Correspondent
The post-Brexit trade deal has been given a big green light by the European Parliament, meaning the final hurdle in Brexit talks has been overcome.
There were just five votes against the trade and security deal, which was agreed at the 11th hour in December. A total of 660 MEPs voted in favour, with 32 abstentions. MEPs had threatened earlier this year not to pass the deal after the UK s unilateral waiving of Brexit checks between the North and Britain.
The European Parliament voted overwhelmingly to ratify the EU s post-Brexit trade deal with Britain, but warned London to stick to its commitments, officials said on Wednesday.
External | what does this mean?
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
CreditClick and Hanseatic Bank team on e-commerce payments in Germany 6 hours ago
Source: CreditClick CreditClick and Hanseatic Bank have launched a new payment method in the e-commerce sector. As of now, it will be possible for online retailers in Germany to accept transactions through CreditClick.
CreditClick is a new payment method that enables retailers to provide their customers with a credit line during the payment process. Consumers can then use this credit to purchase the products of their choice. They simply select CreditClick during the checkout process and enter their data to set up an account. This is followed by a credit check before the loan can be approved. The entire process from the online credit request to approval takes just a few minutes. If approved, the online purch
Japan approves world s largest trade deal including China, ASEAN
Japan s parliament approved Wednesday the world s largest free trade deal, signed by 15 Asia-Pacific countries including China and the 10-member Association of Southeast Asian Nations, raising the possibility for the pact to enter into force later this year.
The Regional Comprehensive Economic Partnership will create a free trade zone covering about 30 percent of the world s gross domestic product, trade and population. It will be Japan s first trade deal involving both China and South Korea its largest and third biggest trade partners.
An online signing ceremony for the Regional Comprehensive Economic Partnership trade pact is pictured in Hanoi on Nov. 15, 2020. (VNA/Kyodo)