31 Oct 18 @ 18:48

2019 will bring a significant milestone for Open Banking. On 14th September, we will see the introduction of new regulations which govern how banks permit access to customer data to... read more

18 Jun 18 @ 13:47

Global adoption of real-time payments systems has soared in recent years, enabling consumers to transfer money between accounts instantly, but also irrevocably. In November 2017 the Eurozone launched its cross-border,... read more

13 Jun 18 @ 14:42

According to the Mobile Banking App Review 2018 , it is widely accepted that mobile banking apps are rapidly becoming the channel of banking customer relationships, certainly in the near-term before we... read more

01 Jun 18 @ 10:20

Regulators are increasingly using technology to improve regulatory oversight and modernise regulation. They are also using their influence to collaborate, convene and commission, so what is on the horizon for... read more

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

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

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

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

12 Mar 18 @ 15:00

On January 13th 2018 new regulations came into force – called the Payment Services Regulations – Article 105 of which compels banks to offer bank accounts and payment services to... read more

03 Aug 17 @ 06:36

There was a regulatory alert every 12 minutes in 2015, according to Thomson Reuters. With the pace of regulatory change showing no signs of let-up and compliance budgets ballooning, regulation... read more

12 Apr 17 @ 12:22

The future of payments won’t be about payments, it’ll be about data. Specifically the contextual data that travels with payment, rather than the payment message itself. Payment will cease to... read more

05 Apr 17 @ 11:21

Optal announced the acquisition of Invapay, in a deal which will significantly expand Optal’s capabilities in the global corporate payments space. Invapay enables corporate buyers to use credit cards to pay... read more

24 Mar 17 @ 10:33

On 23 February, the European Banking Authority (EBA) announced its intention to outlaw screen scraping in one of their Regulatory Technical Standards (RTS) complementing the revised Payment Services Directive (PSD2),... read more

07 Mar 17 @ 08:44

Optal announced the acquisition of Invapay, in a deal which will significantly expand Optal’s capabilities in the global corporate payments space. Invapay enables corporate buyers to use credit cards to... read more

28 Sep 16 @ 06:12

ONLY FIVE PERCENT of banks and other financial institutions are aware that the revised Directive on Payment Services (PSD2) will require open access to customer accounts, according to a UK law... read more

26 Sep 16 @ 13:36

Which? has made the first Super Complaint to the Payments Systems Regulator (PSR ) calling on them to ensure banks better protect victims of fraud. Which? says that protections have... read more

21 Sep 16 @ 13:46

There are growing fears in the industry that post Brexit, the UK will lose the passporting rights that allow financial services companies licensed in one EU state to provide services... read more

31 Aug 16 @ 13:47

Only 5% of banks and other financial institutions are aware that the EU Payment Services Directive (PSD2) will require open access to customer accounts, according to a UK law firm... read more

03 Aug 16 @ 07:02

Following Britain’s momentous decision to leave the European Union, thoughts must inevitably turn to the potential impact on UK consumer payments. Chris Jones, director, PSE Consulting, provides some early thoughts... read more

24 Jun 16 @ 10:57

Following Britain’s momentous decision to leave the European Union our thoughts must inevitably turn to the potential impact on UK consumer payments. In this blog we provide some early thoughts... read more