The Hong Kong Monetary Authority promotes banks to open APIs, including virtual banks

2023-07-29 15:39:48
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According to ChainCatcher, the Hong Kong Monetary Authority is promoting open APIs between banks, with 28 banks participating in Hong Kong's open API initiative, including 3 note-issuing banks, small and medium-sized banks, and virtual banks. The Monetary Authority hopes the industry can resolve the technical issues (Defects) encountered in integration before September, aiming to officially launch the Inter-Bank Account Data Sharing (IADS) platform for customer data sharing by the end of this year.

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