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Patent Issued for Controlling Access To Protected Information (USPTO 10,915,590)

Patent Issued for Controlling Access To Protected Information (USPTO 10,915,590)
Insurance Daily News
News Reporter-Staff News Editor at
Insurance Daily News A patent by the inventors McGrath, Damian (Meath, IE); Qi, Meng (
Dublin, IE); Bruzzano, Bruno (
February 22, 2021, according to news reporting originating from
Alexandria, Virginia, by NewsRx correspondents.
Patent number 10,915,590 is assigned to
International Business Machines Corporation (
Armonk, New York,
United States).
The following quote was obtained by the news editors from the background information supplied by the inventors: “The present invention relates to the field of controlling access to protected information stored in a database such as confidential information, sensitive data, Protected/Personal Health Information (PHI), etc. ....

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CBN Issues Regulatory Framework for Open Banking

The framework establishes principles for data sharing across the banking and payments ecosystem, which will promote innovation, broaden the range of financial products and services, and deepen financial inclusion.

The regulatory framework stipulates, amongst others, data and Application Programming Interface (API) access requirements, principles for API, data, technical design and information security specifications.

1.0
Introduction
The Central Bank of Nigeria, in furtherance of its mandate for the stability of the financial system and pursuant to its role in deepening the financial system, developed the regulatory framework on open banking in Nigeria. Having observed the growing integration of banks and other financial institutions with innovators in the financial services space and the increasing adoption of Application Programming Interface (API) based integrations in the industry, it has become expedient ....

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