Open Banking and Probability of Default: Difference between pages

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imported>Doug Williamson
(State APIs focus of initiative.)
 
imported>Doug Williamson
(Create the page. Sources: linked pages.)
 
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''Banking competition''
(PD).


Probability of Default means an assessment of the probability that the counterparty to a loan will default within a specified timeframe, usually one year.


1. ''UK Open Banking project''
A UK government-sponsored initiative focused on an open standard for Application Programming Interfaces (APIs) for UK banks to:
*Increase competition and innovation in and around banking to improve outcomes for customers; and
*Thereby support the fintech industry in the UK.
2. Similar initiatives in other jurisdictions.


== See also ==


 
* [[Credit rating]]
== See also ==
* [[Default]]
*[[Application programming interface]]
* [[Exposure At Default]]
*[[Blockchain]]
* [[IRB]]
*[[Disruptor]]
* [[Loss Given Default]]
*[[Fintech]]
*[[Open banking APIs]]
*[[PSD2]]
*[[Regtech]]

Revision as of 20:21, 30 October 2016

(PD).

Probability of Default means an assessment of the probability that the counterparty to a loan will default within a specified timeframe, usually one year.


See also