Article: Why open banking APIs are so different

Money, Open Governance

Why open banking APIs are so different

Open banking comes with a lot of expectations and promises, such as democratization of Access to Account (X2A), increased competition between banks and fintech’s, and provision of better control to end-customers over their financial data and payments.

To facilitate the adoption of open banking, several API standards incentives were created including Open Banking UK, Berlin Group, STET in France, Polish API, CDR in Australia, and so on. Also, a process of collaboration between API groups has been initiated. However, in the real world of open banking, APIs’ consumers, including fintech’s and banks themselves, have faced a lot of challenges while integrating those APIs into unified product propositions. Why? Because APIs are so different.

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Article: China backs bold plan to tear down journal paywalls

Access, Open Decision-Support

China backs bold plan to tear down journal paywalls

In a huge boost to the open-access movement, librarians and funders in China have said that they intend to make the results of publicly funded research free to read immediately on publication.

The move, announced at an open-access meeting this week in Berlin, includes a pledge of support for Plan S, a bold initiative launched in September by a group of European funders to ensure that, by 2020, their scientists make papers immediately open.

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