Regulation

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

15 May 17 @ 11:51

There is a widely-held belief in the banking industry that PSD2 access to accounts (XS2A) has to be provided for free. This is not true. Sure, Europe’s banks must grant... read more

08 May 17 @ 12:13

Recent correspondent banking research has revealed that between 2009 and 2016, correspondent banking relationships, where one financial institution provides services on behalf of another in a different location to facilitate... read more

28 Apr 17 @ 13:16

The FCA says that UK financial institutions have recorded nearly 3m complaints over their products or services in the last six months of 2016. The figures, published on Wednesday, provide a snapshot... read more

27 Apr 17 @ 09:44

Connectivity is changing the world and the way we interact with one another. Last year, figures showed that the global population owned around 6 billion connected devices, approaching one for... read more

13 Apr 17 @ 10:35

Mobile banking not only makes our life easier, it gives access to banking services to those that have none. A new series of standards just published will provide the platform... read more

11 Apr 17 @ 15:10

Mastercard says the UK’s Competition & Markets Authority’s decision has cleared the way for the completion of the company’s planned acquisition of VocaLink. The CMA gave final approval for the proposed set... read more

11 Apr 17 @ 12:13

Open innovation is undoubtedly one of the drivers behind PSD2. However, the trend towards open banking and APIs is a global one that goes beyond European legislation. And effects more... read more

06 Apr 17 @ 16:37

Jamie Dimon, the CEO of JP Morgan Chase has come out in support of Donald Trump’s move to relax financial regulations, saying that the slew of new rules put in... read more

29 Mar 17 @ 10:17

Banking has always been a very conservative industry. If liquidity drops too low, entire markets can grind to a halt. Open yourself up too much and you become susceptible to... read more

29 Mar 17 @ 10:10

The US Supreme Court has declined a bid by retailers to revive a $7.25 billion antitrust settlement they reached with Visa and Mastercard over claims the card networks improperly fixed payment... read more

27 Mar 17 @ 12:24

With the EU’s Second Payment Services Directive (PSD2) and open architecture framework set to come into force next year, regulation may well tip the scales between banks and FinTechs for... read more