Open Banking is the cornerstone of a new digital banking framework, which will increase consumer choice, enable innovation, and open up the sector to new players. As regulatory deadlines approach, greater challenges and opportunities are being created for both incumbent institutions, challengers and fintech innovators.

The Financial Conduct Authority (FCA) recently published Consumer Credit: Protecting Your Business From Financial Crime.  The booklet is primarily for consumer credit firms regulated by the FCA to provide guidelines for Know Your Customer (KYC) practices to reduce the risk of financial crimes.  

When it comes to financial services and innovation, security is paramount. That’s why Envestnet® | Yodlee® considers the impact to every key stakeholder to ensure that every product on our platform meets the most stringent security and compliance requirements.

In the digital age, data is everything. While financial institutions seem to be positioned on one side of the digital divide, and fintech startups on the other, a more productive and profitable alliance can be found at the mid-point through collaboration. Financial institutions (FIs) and fintech innovators both have growing needs for such a collaborative ecosystem where they can access […]