SBP Issues Draft Open Banking Regulations

SBP issues draft open banking regulations

KARACHI: The State Bank of Pakistan (SBP) has released the draft Open Banking Regulations for public consultation, with the aim for fostering innovation, enhancing competition, and expanding access to efficient, customer-centric digital financial services in Pakistan. The draft regulations intend to empower customers with greater control over their financial data by enabling secure, consent-based data sharing and the initiation of business payme…

SBP Proposes Open Banking Rules to Expand Fintech Access to Banking Data

The State Bank of Pakistan (SBP) has released draft Open Banking Regulations for public consultation, proposing a framework that would allow authorized fintech companies and third-party providers to access customers’ banking data through secure, consent-based sharing. The proposed regulations aim to promote financial innovation, increase competition, and improve access to digital financial services. They will […]

SBP Wants Fintechs to Have More Access to Banking Data

The State Bank of Pakistan (SBP) has released draft Open Banking Regulations for public consultation and is seeking feedback from stakeholders on the proposed framework. The draft regulations aim to foster innovation, enhance competition, and expand access to efficient, customer-centric digital financial services in Pakistan. They are designed to give customers greater control over their financial data by enabling secure, consent-based data shar…

SBP Seeks Public Feedback on Proposed Open Banking Rules - Pakistan Observer

The State Bank of Pakistan (SBP) has issued draft Open Banking Regulations for public consultation, aiming to promote innovation, strengthen…