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Competitive Potential of Open Banking Canada

Maximizing the Competitive Potential of Open Banking: Insight from the Canadian...

Open banking allows users to securely transfer information between financial service providers. This eases consumer switching and incentivizes the development of a range of...
Brazil

Brazil’s Central Bank Uses Payment Platform To Encourage Competition

Brazil’s central bank is revving up its years-long effort to bust up the country’s clubby banking industry, reported The Wall Street Journal. The payment system,...
Google

US: Google to team with banks

Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Financial Times reported on Wednesday (Nov. 13). Code-named Cache,...
UBS logo image

EU: UBS, Deutsche Bank held talks on investment banking alliance

RBS and Deutsche Bank held talks about combining their businesses earlier this year, including discussions in mid-June about an investment banking alliance, the...

Mexico: COFECE reports barriers to entry in the banking sector

A study by Mexico's National Banking and Securities Commission CNBV), supported by information from the Federal Economic Competition Commission (COFECE), presented an international comparison...

UK: Banking execs arrested on bribery charges

Nigel Kirby, the deputy director of the National Crime Agency’s economic crime unit in the UK, told a group of lawyers Monday, (September 3),...

Australia: Former heads of Citi, Deutsche Bank charged in a criminal...

Australian prosecutors charged the former local heads of Citigroup and Deutsche Bank with criminal cartel offenses, the most dramatic move so far in a...
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