National Competent Authorities (NCAs) – the national bodies responsible for overseeing PSD2 in EU member states should be flexible around the implementation deadline for PSD2 in a bid to avoid an Open... more
The post National regulators should promote PSD2 flexibility to avoid Open Banking cliff edge appeared first on Payments Cards & Mobile.
The $1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth,... more
The post Only half of global banks are making significant advancements in digital transformation appeared first on Payments Cards & Mobile.
Open Banking was launched to spur innovation in the financial services industry and create a better deal for consumers. But new research reveals that European financial institutions still have significant... more
The post European financial institutions see Open Banking as the biggest current threat appeared first on Payments Cards & Mobile.
Two major trends stand out in today’s payments acceptance ecosystem: globalisation and digitisation. We’re all transacting, operating and trading on an increasingly global stage, while new payment types and form... more
The post Standardising an industry: What is nexo standards? appeared first on Payments Cards & Mobile.
The journey from unbundling to rebundling and back has been a formidable one. Open Banking and emerging technologies and the pace of innovation are driving changes throughout the banking industry... more