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Account aggregators see greater adoption by investment industry - Vimarsana News

Account aggregators see greater adoption by investment industry

Almost two years since the Account Aggregator (AA) framework was launched by the Reserve Bank of India (RBI), the investment industry is slowly warming up to the financial data-sharing system

Open banking is helping revolutionize access to credit - Vimarsana News

Open banking is helping revolutionize access to credit

Digital economy innovations are easing credit while raising quality and levelling the field for lenders

New money transfers spell end of credit card, says Brazil bank chief - Vimarsana News

New money transfers spell end of credit card, says Brazil bank chief

Brazil's central bank chief Roberto Campos Neto has said that he believes credit cards will cease to exist soon due to the growth of the open finance system

Brazil bank chief: Credit cards will cease due to open finance system - Vimarsana News

Brazil bank chief: Credit cards will cease due to open finance system

Brazil's central bank chief Roberto Campos Neto has said that he believes credit cards will cease to exist soon due to the growth of the open finance system

Financial Data Exchange (FDX) Adds 33 New Members - Vimarsana News

Financial Data Exchange (FDX) Adds 33 New Members

Posted on 181 The Financial Data Exchange (FDX) welcomed 33 new members in the past 4 months, bringing the total membership to 168 organizations. The group is collectively working to transition the financial services ecosystem to a modern, transparent, and secure API-based financial data sharing approach. Since its launch in 2018 with 21 founding members, FDX experienced an eightfold increase in members. The growing membership is also reflected in the rapid adoption of the FDX API, as data providers, such as financial institutions,...