Open Banking

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UK’s Open Banking project expanded

22 Nov 17 @ 20:13

The Open Banking Implementation Entity (OBIE), the body set up by the Competition & Markets Authority (CMA) to enable a new, secure way for customers to take control of their... read more

The shifting sands of banking: Highlights from Mobey Day 2017

16 Nov 17 @ 11:56

We are approaching the most critical juncture in the history of modern banking. The impact of regulation, in concert with the increasing deployment of transformative technologies, is permanently altering the... read more

PSD2 and Europe’s Open Banking Mandate – a PCM report

18 Oct 17 @ 13:00

In a new report, PSD2 and Europe’s Open Banking Mandate, we aim to analyse the implications of the revised Payment Services Directive, PSD2, for the European banking industry and Open Banking... read more

National payment systems in the open era

16 Oct 17 @ 11:13

The basic movement of money from A to B is changing. It’s becoming faster, embedded and more open ecosystem driven. Whereas payments used to be cleared and settled in days,... read more

EU launches Bank industry anti-trust probe into bank data sharing

09 Oct 17 @ 16:50

As the European Union prepares to usher in new data-sharing rules for banks and financial institutions, antitrust authorities are probing whether the banking industry is preventing rival FinTech services from... read more

Canadian banks wary of Opening Banking access to financial data

04 Oct 17 @ 10:00

As Open Banking in Europe continues to gather momentum, Canada’s banking industry has issued a warning to government about giving Canadians more control of their own banking data: proceed with caution.... read more

An update on UK Open Banking API implementation

03 Oct 17 @ 11:16

In July the Open Banking Implementation Entity released specifications for the ‘Read/Write’ payment initiation and account information Application Programming Interfaces (APIs) that will go live in January 2018. This follows... read more

Lack of trust in Third-Party Providers as Open Banking rolls out across Europe

03 Oct 17 @ 09:28

Less than six months before the Revised Payments Service Directive (PSD2) makes Open Banking a reality across Europe, research from Accenture has found that two-thirds of consumers in the UK... read more

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Visa strengthens fraud defences with BioCatch acquisition

05 Aug 26 @ 16:37

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more

Fiserv and Mastercard expand strategic alliance

05 Aug 26 @ 16:36

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more

RBC and BMO sell Moneris to Francisco Partners for C$2bn

13 Aug 26 @ 15:19

Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... more