FinTech

31 Jul 17 @ 15:18

The Bank of England has extended direct access to Real Time Gross Settlement (RTGS) accounts to non-bank payment service providers as part of a wide-ranging effort to inject more competition... read more

31 Jul 17 @ 15:11

The revised Payment Services Directive (PSD2) was adopted with payment innovation and safety to the fore. One of its purposes is to regulate at the European Union (EU) level practices... read more

26 Jul 17 @ 17:23

From watches, wristbands and jewellery to glasses and clothing, the popularity of wearable technology is booming, and so is wearable tech as growing payment opportunity. Despite a relatively slow start, industry... read more

25 Jul 17 @ 11:31

In less than five months, the EPC’s SEPA Instant Credit Transfer (SCT Inst) scheme will be operational. The implementation of this new and optional scheme – the exact starting date of which... read more

04 Jul 17 @ 12:58

The bank Vs FinTech screen scraping argument just got worse as the EBA (European Banking Authority) rejected an amendment to the Payment Services Directive (PSD2) proposed by the European Commission designed to allow the... read more

03 Jul 17 @ 14:32

The Global Payments Innovation Jury report for 2017 exists because 70 senior industry executives were prepared to give their time to thinking through and setting out their views on many... read more

26 Jun 17 @ 13:09

The Open Banking evolution continues to unfold. Banks risk disintermediation if they do not carefully 1) choose their customer-interaction business model role, and 2) use application programming interfaces (APIs), according... read more

20 Jun 17 @ 11:29

Corporates are under increasing pressure to be more efficient and their expectations of their banks are changing as a result. Banks need to be innovative to meet client expectations. Virtual... read more

16 Jun 17 @ 12:51

UK’s Misys and Canada-based D+H have merged to form a mega FinTech company, named as Finastra. The new company has been created after D+H was acquired by Vista Equity Partners,... read more

12 Jun 17 @ 16:33

Amazon.com said Thursday that its Amazon Lending service has surpassed $3 billion in loans to small businesses since it was launched in 2011. Amazon is planning to expand its lending to... read more

06 Jun 17 @ 12:12

What is a bank? The definition is in flux. As the regulatory-driven Open Banking agenda powers innovation and accelerates the fragmentation of a heavily concentrated banking market, incumbent banks must... read more

31 May 17 @ 11:16

A multi sector consortium of Spanish companies which are pioneers in their different industries has created the Red Lyra, the first multi sector technology platform in the world based on... read more