Fintech take on the CoFI Bill

Fintech take on the CoFI Bill

By Seshree Govender, Associate at Webber Wentzel, specialist in financial services regulation The draft Conduct of Financial Institutions Bill was recently published. Once enacted, the Conduct of Financial Institutions (CoFI) Bill may become one of the first pieces of...

Open banking could make payment systems obsolete

Those who believe that ‘tap and go’ credit cards are the pinnacle of banking payment solutions are in for a big surprise. Chris Michael, a UK-based payments specialist and head of technology at Open Banking UK, says that developments in open banking APIs could render...