Open Banking Mandate RSS
PSD2 and Europe’s Open Banking Mandate – a PCM report
In a new report, PSD2 and Europe’s Open Banking Mandate, we aim to analyse the implications of the revised Payment Services Directive, PSD2, for the European banking industry and Open Banking challenges both for banks and FinTechs. The adoption of the revised Payment Services Directive (PSD2) is formalising the relationship between Banks and FinTechs by establishing [...]
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An update on UK Open Banking API implementation
In July the Open Banking Implementation Entity released specifications for the ‘Read/Write’ payment initiation and account information Application Programming Interfaces (APIs) that will go live in January 2018. This follows the release in March 2017 of the ‘Open Data’ APIs, offering standardised information on UK banking products and the location of branches and Automated Teller [...]
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Beyond FinTech: An assessment of disruptive potential in financial services
For years FinTech has been the hottest topic of discussion in financial services, with incumbents, regulators, and consumers all asking the same question: “Will small technology-enabled ‘FinTech’ start-ups redefine the way that banks and insurers operate, and upend the competitive landscape of the industry?” Building on the findings of the 2015 World Economic Forum report [...]
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