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PSD2: Are you ready for the digital payments revolution?
2018 is set to be a pivotal year for the financial services industry with both the General Data Protection Regulation (GDPR) and the revised Payments Services Directive (PSD2) due to become law, transforming the way that businesses approach their customers’ data. While GDPR looks to ringfence consumer privacy, PSD2 conversely looks to unleash the banking [...]
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Norwegian banks to combine payment units Vipps, BankAxept, BankID
DNB, banking group Eika, Sparebank 1 Gruppen and other Norwegian banks said on Friday that they agree to combine their various payment units Vipps, BankAxept and BankID Norge to improve product... more
The post Norwegian banks to combine payment units Vipps, BankAxept, BankID appeared first on Payments Cards & Mobile.
Norwegian banks to combine payment units Vipps, BankAxept, BankID
DNB, banking group Eika, Sparebank 1 Gruppen and other Norwegian banks said on Friday that they agree to combine their various payment units Vipps, BankAxept and BankID Norge to improve product offering and prepare for competition against global tech firms. The deal is said to be preliminary, and ownership stakes are still being negotiated. “Through this [...]
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The shifting sands of banking: Highlights from Mobey Day 2017
We are approaching the most critical juncture in the history of modern banking. The impact of regulation, in concert with the increasing deployment of transformative technologies, is permanently altering the way banks operate and do business. Banks as ‘connectors’ imaginBank’s David Arranz used his keynote address to set the tone, leaving delegates in no doubt [...]
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Reimagining global banking services in the connected digital marketplace
Regulation, compliance and legacy systems have, for so long, been the stumbling blocks for financial institutions to capitalise on the new digital age where there are few barriers to international trade. Cross border payments, clearly essential when trading internationally, go to the heart of the conundrum currently facing tier two and three banks and Financial [...]
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