https://techcentral.co.za/south-africa-win-big-from-open-banking/239338/ Technology News Leader In South Africa Thu, 08 Feb 2024 05:33:19 +0000 hourly 1 https://wordpress.org/?v=6.5.4 https://techcentral.co.za/south-africa-win-big-from-open-banking/239338/#comment-166669 Thu, 08 Feb 2024 01:42:00 +0000 https://techcentral.co.za/?p=239338#comment-166669 It would be more meaningful, if you were to educate us about the concrete features of open banking. What does it mean for the average banking client?

]]> https://techcentral.co.za/south-africa-win-big-from-open-banking/239338/#comment-166668 Thu, 08 Feb 2024 01:06:22 +0000 https://techcentral.co.za/?p=239338#comment-166668 I would strongly question whether what is currently happening in South Africa is ‘open’ banking. The current examples all seem to be individual partnerships. I’m also not sure that this is a deliberate choice – certainly if you read the PA’s and FSCA’s respective position paper on the topic. Rather it seems more a case of the regulators being slow to move and to align on a National approach.

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