Open banking : global development and regulation
"Open banking ends the proprietary control of customer information by banks and allows customers to share their banking financial data with third parties as a matter of right. It can also permit customers to allow others to remove funds direct from their bank accounts in return for goods and se...
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Main Authors: | , |
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Format: | eBook |
Language: | English |
Published: |
Abingdon, Oxon ; New York, NY :
Routledge,
2024.
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Series: | Routledge international studies in money and banking
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Subjects: | |
ISBN: | 9781003331339 1003331335 9781040022306 1040022308 9781040022337 1040022332 9781032363172 9781032363196 |
Physical Description: | 1 online resource. |
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100 | 1 | |a De Pascalis, Francesco, |e author. | |
245 | 1 | 0 | |a Open banking : |b global development and regulation / |c Francesco De Pascalis and Alan Brener. |
264 | 1 | |a Abingdon, Oxon ; |a New York, NY : |b Routledge, |c 2024. | |
300 | |a 1 online resource. | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 0 | |a Routledge international studies in money and banking | |
520 | |a "Open banking ends the proprietary control of customer information by banks and allows customers to share their banking financial data with third parties as a matter of right. It can also permit customers to allow others to remove funds direct from their bank accounts in return for goods and services. All of this is done securely with standardised 'application programming interfaces' (APIs). Open banking has developed in different ways and with different objectives across the globe. This book examines the empowering and enabling regulations that facilitate all this. This book compares a number of different open banking national strategies. These range from the focus of the UK and EU on enhanced competition to the more collaborative approaches in many East Asian jurisdictions. It also looks at the use of open banking for socio-economic purpose in Brazil and India. Here open banking forms part of a wider government programme to increase financial inclusion coupled with encouraging economic growth. This book will be valuable for fintech companies, policymakers and financial services regulators. Its overarching aim is to demonstrate the possibilities and challenges of open banking and how it is changing lives across the world"-- |c Provided by publisher. | ||
588 | |a OCLC-licensed vendor bibliographic record. | ||
650 | 0 | |a Financial institutions |x Data processing. | |
650 | 0 | |a Financial services industry |x Security measures. | |
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655 | 9 | |a electronic books |2 eczenas | |
700 | 1 | |a Brener, Alan, |d 1955- |e author. | |
856 | 4 | 0 | |u https://www.taylorfrancis.com/books/9781003331339 |y Full text |