Regulation & Compliance - Long Reads, News, Articles & Research: Finextra

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Could Brexit open the gates to AI in the UK?

The UK is outwardly pursuing an adequacy decision from Europe regarding its current data protection and privacy regulations. However, the idea of eschewing outright assimilation with relevant EU laws is gaining traction as it provides an opportunity to sculpt a more appealing privacy framework. As it stands, come 31 December 2020, the UK will have...

09 March 2020 /regulation

Trust in Open Banking: Negotiating data liability between banks and TPPs

Paige McNamee Senior Reporter at Finextra

Trust in Open Banking: Negotiating data liability between banks and TPPs

The breadth and complexity of Open Banking systems involve a web of players interconnected by the core need to access data. Used as the tool by which financial institutions and third parties deliver innovative financial products, the data required is highly personal by nature and brings with it a myriad of challenges on the part of institutions tr...

22 November 2019 /regulation

SCA - no more kicking the can down the road

Jamie Crawley Reporter at Finextra

SCA - no more kicking the can down the road

With the EBA announcing a revised deadline for migration to Strong Customer Authentication (SCA) of December 31st 2020, how have industry players reacted and what now needs to happen make the transition a success? JPMorgan has welcomed the EBA’s announcement of the revised deadline for SCA, both for its clarity and its decision to propose harmonis...

18 October 2019 /regulation

Long reads

Could Brexit open the gates to AI in the UK?

Trust in Open Banking: Negotiating data liability between banks and TPPs

SCA - no more kicking the can down the road