PSD2

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 @ 19:43

A new study from Ovum, has attempted for the first time to quantify the detrimental effect Instant Payments and PSD2 will have on traditional credit and debit card payments. Instant Payments,... read more

14 Jun 17 @ 16:55

A new report from Consult Hyperion, forecasts that European financial institutions could face fines totalling €4.7 billion in the first three years under the new General Data Protection Regulation (GDPR).... read more

13 Jun 17 @ 10:08

Issuers have been using Risk Based Authentication (RBA) to great success for some time now. With new legislation coming in, there is confusion in the market about what RBA means... read more

06 Jun 17 @ 16:57

Atom bank, the UK’s first app-based bank, is reported to be delaying the launch of consumer current accounts until at least 2018. Atoms CEO blames forthcoming regulations that make the UK’s personal banking market too... 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

30 May 17 @ 11:21

Visa announced enhancements to its Verified by Visa service, designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account.... read more

24 May 17 @ 09:57

Spanish bank BBVA says it is open for business with its Open Banking programme and is making eight of its APIs commercially available for the first time ahead of the new PSD2... read more

18 May 17 @ 10:11

The UK Payments industry, along with the rest of Europe, is facing a raft of challenges in the near future, from the proliferation of alternative payment channels, increasingly demanding merchant... read more

17 May 17 @ 12:55

Just days after a coalition of 56 FinTech vendors lobbied the European Banking Authority in a strongly worded petition regarding the practice of Screen Scraping, The European Banking Federation (EBF) is asking the... read more