Posts Tagged: regulation

Speaker Interview: Tomas Prochazka, Tink

We feature Tomas Prochazka of Tink, a speaker at the upcoming 2018 Platform Summit.

Tomas Prochazka is Head of Product at Tink, a Swedish FinTech company that is democratizing the access to financial data for both retail banks and smaller companies as part of a global open banking movement. 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

High-Grade API Security For Banks

Financial institutions occupy a special zone for APIs largely because of how stringent the regulatory compliance rulesets are. The data that financial institutions leverage are protected widely by a variety of regulatory ordinances, and as such, this data has to be stringently controlled, secured, and managed – hence why high-grade API security is such a serious concern. Read more

8 Ways That Plugging Into APIs Helps Business

Due to the nature of APIs, the discussion is often of a technical nature. While this is fine for the world’s engineers and data managers, the fact is that an API has just as many business benefits as it has technical benefits. Read more

Why Do FinTechs Want To Save Screen Scraping?

The European financial services industry is on the cusp of a technological revolution. Reforms like PSD2 and the CMA initiative in the UK are forcing traditional banking institutions to enter the API Economy as active participants.

Great news for the FinTech scene, one would think; at last the banking platforms are being opened up ready for third-parties to securely access a customer’s data without the need to screen scrape online banking interfaces (also frequently referred to as ‘direct access’). Read more