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FEIB gains open banking approval - Taipei Times - Vimarsana News

FEIB gains open banking approval - Taipei Times

FEIB gains open banking approval By Crystal Hsu / Staff reporter Far Eastern International Bank (FEIB, 遠東國際商銀) yesterday became the nation’s first lender to gain regulatory approval to offer open banking services. The medium-sized lender said it had been given the go-ahead by the Financial Supervisory Commission on Thursday to launch an account integration app, a new service provided in conjunction with affiliate Far EasTone Telecommunications Co (遠傳電信). The move makes FEIB the nation’s first third-party service provider, as technology is reshaping the banking indust...