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Deutsche Börse Group and its post-trade services provider Clearstream will partner with Germany-based FinTech figo and Luxembourg-based RegTech start-up Finologee to create a common FinTech Acceleration Platform. The launch is targeted for the fourth quarter of 2018, subject to regulatory approval.
The new platform will enable established financial industry players and new generation digital companies to distribute and leverage each other’s services resulting in new revenue opportunities. It will allow easy access to Deutsche Börse Group’s market and reference data as well as functional services via web based APIs. The first services offered by third parties will be an access to account gateway for banks for the second Payment Services Directive (PSD2). PSD2 aims to...
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