Skip to content
PSD2 RSS
Cloud scalability seduces the financial sector – but there are challenges
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 to deal with highly sensitive data and sharing data storage and compute resources with others could not even be envisaged, let alone adopted. However, just [...]
The post Cloud scalability seduces the financial sector – but there are challenges appeared first on Payments Cards & Mobile.
Fraud fears rise as cashless society becomes reality
Despite well-reported reductions in the use of cash across the country, new research from international legal practice, Osborne Clarke, reveals that UK consumers are now more concerned than they were a year ago about incidents of fraud and security breaches should mobile payments completely replace cash in the future. UK consumers have been open to [...]
The post Fraud fears rise as cashless society becomes reality appeared first on Payments Cards & Mobile.
PSD2 and Open Banking an uneven playing field says Santander Head
PSD2 and Open Banking regulations need to be reformed says the head of Santander, the eurozone’s biggest retail bank, calling for the EU’s flagship new payments regulation to be reviewed to avoid hamstringing banks’ ability to compete with large technology groups. Ana Botín, executive chairman of Santander, told the FT that the EU’ s Second [...]
The post PSD2 and Open Banking an uneven playing field says Santander Head appeared first on Payments Cards & Mobile.
Payment cards in Europe – an update from the European Payment Card Yearbooks
Cards and card payment at the point of sale and online showed solid growth rates in most European countries in 2017. This was supported by the rollout of contactless technologies, digital wallets and mobile NFC HCE payments. We examine the statistics and notable trends from the latest Payment Card Yearbooks. Cards in issue and card [...]
The post Payment cards in Europe – an update from the European Payment Card Yearbooks appeared first on Payments Cards & Mobile.
PSD2 open banking: The ticking timebomb for financial institutions
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 scraping. Now though the world is changing and radically. The first and most important point to make is what has been published by the EU [...]
The post PSD2 open banking: The ticking timebomb for financial institutions appeared first on Payments Cards & Mobile.
