Open Banking

Showing Latest Open Banking

NatWest Pay to eliminate debit cards in Open Banking play

13 Jun 18 @ 14:04

NatWest is reported to be trialling a new payments system with Carphone Warehouse enabling consumers to make e-commerce transactions directly with NatWest Pay from their bank accounts without the need... read more

Optimising payments technology for commercial success

12 Jun 18 @ 09:00

Technology plays an obvious and increasingly important role in the evolution of the payment industry. It is the bedrock upon which payment products and services are built, and any transformation... read more

Mastercard launch services to facilitate interactions between banks and third parties in Open Banking environment

05 Jun 18 @ 18:53

Mastercard says it has developed a new suite of services to underpin Open Banking transformations taking place in the industry as partners ready themselves to take advantage of Europe’s PSD2... read more

Open Banking requires ‘Open Payments’ platforms to meet needs of connected customers

04 Jun 18 @ 12:38

A report published today by payments processor RS2 warns that the payment industry must consolidate omni-channel payments, card payments, and direct-from-bank Open Banking payments into new ‘Open Payments’ platforms to... read more

Internet of Payments (IoP) – Is this the future of Paying?

23 May 18 @ 20:02

Today, there are more objects enabled with Internet access than ever before – from smartwatches and kitchen appliances to vehicles. Intelligent devices can, in principle, do all sorts of things... read more

Smart Payments Association position on the RTS on SCA

23 May 18 @ 16:46

On 13 March 2018, the regulatory technical standard (RTS) on strong customer authentication (SCA) was finally published in the Official Journal of the European Union – some twenty months after... read more

OSPT Alliance launches CIPURSE training program with FIME

23 May 18 @ 09:03

Global technical association, OSPT Alliance has collaborated with FIME to develop and launch a technical training program. It will educate security, ID, payment, access control and transport players on the... read more

Cloud scalability seduces the financial sector – but there are challenges

21 May 18 @ 20:58

The financial sector, while forging ahead in other areas of digital transformation, has been relatively slow to adopt the cloud and there has been good reason for it: banks have... read more

Next phase of digital disruption arrives on the rails of real-time payments

17 May 18 @ 11:33

As of late 2017, more countries and regions joined the global real-time payments movement. With the arrival of European Banking Association Real-Time 1 (EBA RT1), SEPA Instant Payments, The Clearing... read more

The Challenge for Retailers – Building an Open Payment Platform

11 May 18 @ 16:45

In the last decade, contactless technologies, the mobile Internet and constantly connected mobile devices have significantly changed the way consumers consider their shopping experience. Consumers are also looking for seamless... read more

85% of Banks expect real-time payments to drive revenue growth

11 May 18 @ 16:43

The expansion of real-time schemes globally is driving a marked change in attitudes among financial institutions, with 85% of banks globally now viewing real-time payments as the foundation for growth... read more

A challenging time for time challenger banks

09 May 18 @ 09:44

Challenger banks were hailed by politicians as the way to break the stranglehold of the UK’s big four high street banks. The challengers have enjoyed rapid growth, helped by benign... 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