Regulation

04 May 18 @ 09:00

In a week that saw the Australian banking industry under scrutiny, Danske Bank has also been extensively criticised and reprimanded by Danish regulators over weak or non-existent money-laundering controls that... read more

02 May 18 @ 10:26

Financial inclusion is on the rise globally, accelerated by mobile phones and the internet, but gains have been uneven across countries. A new World Bank report on the use of... read more

01 May 18 @ 13:19

The New Payment Systems Operator (NPSO) has announced that it has taken over responsibility for the operation of Bacs and Faster Payments. The completion of this transaction represents a significant... read more

27 Apr 18 @ 10:05

European legislation called the General Data Protection Regulation (GDPR) is set to apply as of 25th of May 2018. It will definitely change how personal data are being processed in... read more

20 Apr 18 @ 11:18

The Open Banking initiative in the UK has finished a three-month managed roll out programme, leaving regulated companies free to start offering Open Banking related services. Since mid-January, the Open... read more

17 Apr 18 @ 14:00

PSD2 and Open Banking regulations need to be reformed  says the head of Santander, the eurozone’s biggest retail bank, calling for the EU’s flagship new payments regulation to be reviewed... read more

12 Apr 18 @ 10:58

Cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2017. This was supported by the rollout of contactless technologies,... read more

12 Apr 18 @ 10:33

The Internet of Things (IoT) is sometimes also known as the internet of insecure things. Or the internet of other people’s things. So much so 90% of consumers lack confidence... read more

09 Apr 18 @ 14:21

The overall idea behind PSD2 open banking is not new, Yodlee and others have for a while aggregate accounts, and they have done this through a process known as screen... read more

03 Apr 18 @ 10:26

The European Commission has announced what the industry sees as a long overdue proposal to make cross-border payments in euro cheaper across the entire EU. Consumers and businesses in the... read more

29 Mar 18 @ 10:30

The first thing to be clear about is that PSD2 open banking is not the same as UK Open Banking currently live with the CAM9, although not all of them... read more

26 Mar 18 @ 09:59

UK headquartered banks are still planning for a March 2019 departure from the UE after European regulators declined to offer any formal assurances for how business can be conducted during... read more