Fintech Israel USA

Israel’s role in NYC’s rise as world’s fintech center (Jonathan Frenkel, israel21c.org)

Israeli financial technology startups help power the New York financial center’s shift to fintech ecosystem leader. If there is one industry New York City is known for, it’s finance. Wall Street is the ultimate symbol of wealth and the American dream. Over the past decade, the finance industry has gone through significant changes due to […]

Israel Open Banking

The Bank of Israel publishes guidelines for implementation of the Open Banking standard in Israel (thepaypers.com)

The Bank of Israel has published a draft for public comments of a Proper Conduct of Banking Business directive on “Implementation of Open Banking”. As part of this directive, the banks and credit card companies will be required to enable licensed and supervised third parties to gain access to a customer’s account, with the customer’s explicit […]