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Singapore Favors 'Organic' Policy in Move Toward Open Banking

Retrieved on: 2018-04-11 08:45:00

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<div>Singapore wants its lenders to share data with <b>financial technology</b> and other non-bank firms, but doesn't plan to force the issue, according to a central bank official. The transition towards “open banking” can be more successful if it takes place without the regulator mandating action, said David Hardoon, ...</div>

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