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Hong Kong and Singapore banks cite regulation as holding back Open Banking: Finastra

Banks in Hong Kong and Singapore consider regulations as hampering their ability to reap the benefits of Open Banking, according to a survey conducted by Finastra. The Open Banking and collaboration: State of the nation survey 2020 by the London-headquartered fintech provider surveyed 774 financial institutions and banks across the US, UK, Singapore, France, Germany, Hong Kong and UAE. Tangible…

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