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9 trends reshaping banking in 2020: #5 Technology and consumer engagement

19 Dec 19 @ 10:00

Leaders, fast followers, and mainstream players all recognise that data, advanced analytics, and artificial intelligence technology will be at the centre of consumer engagement and consequently market success over the... read more

9 trends reshaping banking in 2020: #7 Public cloud for flexibility

18 Dec 19 @ 10:27

Declining apprehension against the public cloud, a rapidly growing market for SaaS solutions, and the widespread adoption of cloud as the preferred environment for workload execution. Clear signs that cloud... read more

Basel Committee Open Banking report focuses on customer-permissioned data sharing

20 Nov 19 @ 10:57

Open banking is an evolving trend in many jurisdictions and authorities have responded by taking a broad range of actions in recent years. In its recent, the Basel Committee on... read more

Open Banking: Consumer appetite for new banking services

12 Nov 19 @ 12:03

Around the world, banks are opening up their customers’ financial data (with the customers’ consent) to third parties through application programming interfaces (APIs). The global trend of Open Banking allows... read more

97% of merchants are already looking to leverage PSD2

04 Nov 19 @ 16:58

Last month, the European Banking Authority (EBA) announced an 18-month delay to the implementation of Strong Customer Authentication (SCA). However, the delay to PSD2 – which follows UK FCA’s own... read more

Western Union delivers Open Banking API for global payments

04 Nov 19 @ 09:01

Western Union has deployed full Open Banking application programming interface (API) access to its supporting front-end domestic and international payment applications through its Western Union Business Solutions unit. This new... read more

Know your audience: why age matters in banking

28 Oct 19 @ 13:49

The banking industry is saturated with buzz words and all banks need to be seen to be advocates of these words, whether it’s Open Banking and PSD2, or agile work... read more

The World Payments Report 2019

18 Sep 19 @ 09:33

According to the World Payments Report 2019, which tracks and analyses non-cash transaction volume, regulatory and industry initiatives, and digital transformation across the global payments market, global non-cash transactions are... read more

National regulators should promote PSD2 flexibility to avoid Open Banking cliff edge

30 Aug 19 @ 13:41

National Competent Authorities (NCAs) – the national bodies responsible for overseeing PSD2 in EU member states should be flexible around the implementation deadline for PSD2 in a bid to avoid an Open... read more

Only half of global banks are making significant advancements in digital transformation

21 Jun 19 @ 10:08

The $1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth,... read more

European financial institutions see Open Banking as the biggest current threat

29 May 19 @ 15:48

Open Banking was launched to spur innovation in the financial services industry and create a better deal for consumers. But new research reveals that European financial institutions still have significant... read more

Standardising an industry: What is nexo standards?

16 May 19 @ 06:45

Two major trends stand out in today’s payments acceptance ecosystem: globalisation and digitisation. We’re all transacting, operating and trading on an increasingly global stage, while new payment types and form... read more

Trending

Visa and Mastercard move to end two-decade swipe fee battle

11 Jun 26 @ 16:00

A landmark legal battle that has shaped the economics of card payments in the United States for more than twenty years has taken another significant step toward... more

Bank of England Warns DLT Complexity in Settlements

18 May 26 @ 17:07

The Bank of England has found that distributed ledger technology could improve aspects of wholesale payments and settlement, but only at the cost of significant... more

Visa announces €500 Million European Investment Signals Strategic Response to Payments Sovereignty Push

31 May 26 @ 12:59

The debate around European payments sovereignty has intensified significantly over the past two years. Policymakers, regulators and financial institutions acros... more