In today’s top Europe, Middle East and Africa news, consumer lending in Britain swelled in February, the most in five years, the Bank of England revealed; data-driven precision finance startup ArK Kapital raised $183 million in seed capital. Plus, Zimpler, Swedish payments FinTech, is planning...
The U.K. is widely considered a leader in the implementation of open banking, the regulation mandated by the European Union’s Revised Payment Services Directive (PSD2) that compels retail banks in the region to make customer account information available to non-bank third parties through the use...
March 29, 2022
The U.K. is widely considered a leader in the implementation of open banking, the regulation mandated by the European Union’s Revised Payment Services Directive (PSD2) that compels retail banks in the region to make customer account information available to non-bank third parties through the use application programming interfaces (APIs). Read more: UK Open Banking Reports […]