Open Banking

Showing Latest Open Banking

World Payments Report 2018: digital payments booming

16 Oct 18 @ 17:03

Digital payments are experiencing a boom, driven by developing markets, according to the World Payments Report 2018 launched by Capgemini and BNP Paribas. However, the innovation landscape in payments is uncertain as... read more

SWIFT expedite standardisation by creating financial sector API blueprint

16 Oct 18 @ 15:08

SWIFT has published a blueprint for common API standards following collaboration with European banking standards bodies, STET and Berlin Group NextGenPSD2 – who together represent many of the region’s banks... read more

The cashless society – Maintaining trust in the payment system

11 Oct 18 @ 08:54

There is no doubt that lack of trust in the payment system remains a fundamental obstacle to a cashless society. Research shows that consumers are now more concerned than ever... read more

What is the future direction of banking?

10 Oct 18 @ 08:28

Still dealing with the damage to consumer confidence after the crisis of 2008 and the new opportunities being seized by FinTech businesses the big banks are caught in a perfect... read more

Trustly partners with the largest European P2P marketplace Mintos

09 Oct 18 @ 10:46

Trustly has partnered with Mintos, a global online marketplace for loans which provides retail investors with a way to invest in loans from around the world. By implementing Trustly’s direct... read more

Why the High Street banks should start to be concerned by the Challenger banks

05 Oct 18 @ 16:23

In the last couple of weeks two Challenger banks have hit the UK. N26 is a German direct bank, headquartered in Berlin, that offers its services throughout most of the... read more

Has Amazon Bank already arrived?

05 Oct 18 @ 10:58

It has long been predicted that Amazon would eventually make a move into banking. In March, Payments Cards and Mobile reported that the online retailer was in talks with J.P. Morgan to offer current... read more

European Open Banking gets support from 40 leading financial industry players

02 Oct 18 @ 13:27

PRETA says that over 40 major European financial institutions and service providers have signed up to fund and complete PRETA’s pan-European PSD2 Open Banking access directory. With the delivery of... read more

Faster payments – 40 countries live as global roll-out gathers pace

28 Sep 18 @ 10:47

2018 marks the fifth year of FIS’ report “Flavors of Fast”. It was originally inspired to capture the early but remarkable influences of faster payments schemes around the world. In... read more

Report: $110 trillion payments business faces next major wave of FinTech disruption

25 Sep 18 @ 10:10

The $110 trillion payments business is facing further and major disruption from the FinTech revolution that will upend the traditional financial services industry and create new opportunities for venture-backed companies... read more

US regulator sues OCC for allowing FinTech bank charter

17 Sep 18 @ 17:10

In the continuing fight for supremacy between banks and FinTechs, one of the US top banking regulator in New York is to sue the US Office of the Comptroller of the... read more

Barclays quick to embrace Open Banking with 3rd party account view in banking app

12 Sep 18 @ 14:40

Barclays says it will embrace the Open Banking revolution by updating its core mobile banking app allowing customers to view accounts from rival banks in one place. This change has... read more

Trending

Visa turns the card into an identity credential

12 May 26 @ 15:44

Visa has launched a new tap-based authentication technology that could reshape how banks verify customers in mobile banking environments. [caption id="atta... 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

E-commerce payments enter the age of managed complexity

11 May 26 @ 19:54

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control. [caption id="attachmen... more