Regulator: Working with big tech including Google, Microsoft, Amazon, Apple and Meta is top priority
If the FCA deems technology companies' data useful for finance, it will "incentivise" sharing through Open Banking.
Source: cityam.com
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F|T: The FinTech Times – Business leaders react to open banking updates in #Budget2024
Plus: Crypto enthusiasts eager for Bitcoin’s ‘halving.’
Source: betakit.com
FCA names Big Tech as 'priority' and looks to incentivise data sharing
The Financial Conduct Authority (FCA) has said it views Big Tech as a “priority” and will look to incentivise data sharing between such firms and financial organisations via its Open Banking and broader Open Finance work.
Source: moneymarketing.co.uk
FinTech leaders say "devil is in the details" with #Budget2024 open banking promises
FinTech leaders applauded the open banking update in Tuesday’s federal budget, but said there are still unanswered questions about the system and when it will launch.
Source: betakit.com
Former Bord Gáis CEO John Mullins says more European banking options needed for Irish consumers
“Irish consumers should have access to more banks from across Europe which would cut costs and bring more competition into the market.”
Source: independent.ie