Sentences with phrase «open banking initiative»

Credit Kudos, a challenger credit bureau, and Lending Works, a fast - growing peer - to - peer (P2P) lending platform, are partnering to enable customers to benefit from the UK's Open Banking initiative, a secure way for banking customers to take control of their financial data.

While that fundamental security is naturally still vital, the open banking initiative — which forced UK banks to open their data through secure APIs — began in earnest this January and is necessitating a different approach.

Nothing short of a fully standardised, collaborative and industry - wide approach will strengthen security and assure the level of consumer trust that is crucial to the success of the UK's open banking initiative and Europe's wider PSD2 (Payment Services Directive 2).

Not exact matches

Wired later revealed that the London Stock Exchange Group and big - name banks JP Morgan, Wells Fargo, joined an initiative alongside IT vendors such as IBM, Intel, and Cisco to develop The Open Ledger project, aimed at developing distributed ledger technologies which will be overseen by the Linux community.

On the spending side of the ledger, the priorities have been agriculture support (after two weak monsoons), rural development spending, infrastructure investments and a massive structural shift to direct benefit transfers deposited in the bank accounts of beneficiaries — made possible by the extraordinary biometric identity card program (Aadhaar) covering 950 million people, and the impressive financial inclusion initiative which has opened over 200 million new bank accounts for impoverished families.

The difference between that and current open market operations by the Fed is that such transactions would be fully at the initiative of the market rather than of the central bank.

Credit Kudos and Lending Works» partnership is one of the first initiatives to use Open Banking to improve customer experience in the finance industry.

«This is a classic example of the piggy bank that needs to be broken open, and the bill we had would provide for those criteria, and be a magnifying glass to show us exactly how that money is being used and how individual initiatives are picked,» Tedisco, a Republican from suburban Schenectady, said.

As part of our new Shelter Intervention initiative designed to keep families together, we opened a pet food bank, and began offering behavior and training consultations.

A new initiative of the Inter-American Development Bank, the government of Honduras, and the Climate Investment Fund is helping to replace open - fire cookstoves in Honduras with «ecostoves,» which use less wood and emit less smoke.

It builds on the World Bank's Open Data initiative and seeks to: improve disaster and climate change resilience; ensure streamlined data sharing and collaboration among government agencies, the private sector, academia and civil society; and encourage data collaboration with humanitarian efforts.

The speaker, Professor Dr Georges Affaki C.Arb, will critically review various arbitration initiatives on banking disputes around the world and analyse the prospects offered by the opening of investment arbitration to financial instruments and to banking claims, including regulatory actions in the EU and internationally.

Other key initiatives expected this year in the insurance industry include bank assurance, open architecture and simplifying process of licensing which will have a positive impact on both consumers and insurance providers.

The head of the People's Bank of China opened up about its proposed digital currency initiative in a new interview.

The Linux - foundation led open - source Hyperledger blockchain initiative has announced a raft of new members including influential financial institutions in the Bank of England, the UK's central bank and the BostoBank of England, the UK's central bank and the Bostobank and the Boston...

Successful entrepreneurial endeavour managing all business aspects; from filing articles of incorporation, conceptualizing Website content, found pro bono legal assistance, organize marketing database, open bank account, implement board meetings as well as manage and execute financial initiatives.

• Performed daily banking initiatives, balancing ATM, servicing all accounts, and opened all new personal and business banking accounts, and hold Notary Public License for the state of Florida.

Professional Experience Fox Asset Management (Red Bank, NJ) 6/2006 — Present Client Records / New Accounts Associate • Direct customer account records, new account generation, and customer service initiatives • Train and direct junior account associates ensuring compliance with company protocols • Craft detailed reports for senior leadership regarding client trends, revenue, and other data • Verify and prepare all documentation for monthly openings of 150 - 200 new accounts • Establish accurate hard copy files for 520 individual and 480 Institutional accounts • Verify new account inception values for 520 individual accounts by generating daily APL reports • Add 40 - 50 new individual accounts monthly to security database software system • Ensure timely and accurate updates of 1,200 institutional and 520 individual accounts • Implement new technologies, products, and procedures to improve company operations