Posts Tagged: EU

How Does Open Banking Apply to US Banks?

Open Banking has been on our radar for several years now, with Nordics APIs first publishing a post on PSD2 back in 2016. Since then there’s been continual coverage in the financial industry press on the promise of Open Banking, with predictions of a “revolution” as FinTechs unlock the banking market and provide the tools, apps, and functionality that bank customers want yet are not provided by their banks. Read more

Build GDPR Compliant APIs with OpenID Connect

GDPR, the European Union’s General Data Protection Regulation, came into effect in March of 2018. This new regulation sets the privacy and security expectations for handling user data, and applies to every actor evenly tangentially related to the European market. Read more

Act Now Before The GDPR Deadline

Any data provider worth their salt must be aware of the legal considerations and regulations for their zone of operations. How user data is stored and processed is controlled by a wide range of regulations, and understanding these regulations is key to running a compliant operation. Read more

Complying with Tough New EU Rules on Data Protection

Complying with Tough New EU Rules on Data Protection

A wide ranging set of rules to protect the data of citizens in member nations of the European Union was adopted in April. Known as the General Data Protection Regulation (GDPR), the measure’s goal is to replace the existing patchwork of national laws with a single modern regulation that reflects the digital age. Read more

CMA Will Save Open Banking APIs in Post-Brexit Economy

CMA Will Save Open Banking APIs in Post-Brexit Economy

“The storm had now definitely abated, and what thunder there was now grumbled over more distant hills, like a man saying ‘And another thing…’ twenty minutes after admitting he’d lost the argument.”

-Douglas Adams, So Long, and Thanks for All the Fish

Regardless of your point of view and the continued rumbles of the argument, Brexit is a fact: The United Kingdom will be leaving the European Union, most probably by summer 2019 if recent announcements at the Conservative Party conference are enacted by the government itself. Read more