Open banking has changed the financial paradigm as we have known it so far. The widespread use of new digital platforms, connected devices and technology consumers has led to a boom in business opportunities for every company, many of which are already leveraging their benefits as much as possible.
The digital transformation has not been fully implemented in the automotive sector yet, at least not as quickly as in other distribution sectors. APIs can be this sector's best ally by speeding up its digitization, especially in those areas involving the purchasing process.
In just one year, the second European Payment Services Directive—or PSD2 as it is better known—has created a new scenario combining innovation and security, in which banks have been progressively opening up access to their infrastructure to third parties.
What are the main challenges faced by open banking, and what will be the impact of the changes arising from the COVID-19 pandemic?
Carlos López-Moctezuma was part of the latest edition of Money Live 2020, where he offered his take on the open banking situation, its adaptation to the banking industry and how it can evolve in the future.
The opening up of financial markets through technology and the creation of new digital products is progressing unevenly across the Americas. While in this article we analyzed the state of open banking in Asia and Oceani, in this article we focus on several American countries. While nations such as Mexico and Brazil champion regulations that […]
While countries like Singapore lead the drive for open banking in the region, larger ones like Japan are slowing down. The twinned nations in the Commonwealth look at each other and the United Kingdom in their strategies.
The Fintech Law takes place in a market in which BBVA API_Market has been a key player since before regulation.