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Money 2020: 89% of merchants are primed for Open Banking
89% of airline, supermarket and subscription economy merchants are primed for Open Banking and have assessed the impact it will have on their business a new piece of research commissioned... more
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European financial institutions see Open Banking as the biggest current threat
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
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UK Open Banking initiative stalling due to bank led outages
Reviewing the public available data which the Open Banking Implementation Entity (OBIE) publish on their API monitoring tool, 62% of banks have shown a decrease in Open Banking availability to... more
The post UK Open Banking initiative stalling due to bank led outages appeared first on Payments Cards & Mobile.
Study: 1 in 10 banks will disappear over the next 5 years
A ten-year study has found that the profit of European retail banks/divisions is at an all-time high, driven by a positive economic environment and lower risks (risk costs relative to... more
The post Study: 1 in 10 banks will disappear over the next 5 years appeared first on Payments Cards & Mobile.
Standardising an industry: What is nexo standards?
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.
