Skip to content
PSD2 RSS
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 [...]
The post The shifting sands of banking: Highlights from Mobey Day 2017 appeared first on Payments Cards & Mobile.
E-commerce authentication gets a major makeover
We live in digital times. Customers are increasingly shopping online and on mobile devices. In fact, the number of Europeans regularly using a mobile device — smartphone, tablet or wearable — to make payments has tripled in the last year, according to Visa’s digital payments study. And now e-commerce authentication is getting a major makeover. [...]
The post E-commerce authentication gets a major makeover appeared first on Payments Cards & Mobile.
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 [...]
The post PSD2 and Europe’s Open Banking Mandate – a PCM report appeared first on Payments Cards & Mobile.
EU launches Bank industry anti-trust probe into bank data sharing
As the European Union prepares to usher in new data-sharing rules for banks and financial institutions, antitrust authorities are probing whether the banking industry is preventing rival FinTech services from accessing customers’ accounts. EU officials carried out unannounced inspections on Oct. 3 in “a few” countries amid suspicions that “companies involved and/or banking associations representing [...]
The post EU launches Bank industry anti-trust probe into bank data sharing appeared first on Payments Cards & Mobile.
Canadian banks wary of Opening Banking access to financial data
As Open Banking in Europe continues to gather momentum, Canada’s banking industry has issued a warning to government about giving Canadians more control of their own banking data: proceed with caution. The federal finance department is weighing the merits of making it easier for consumers to share their banking data, as part of a regular review [...]
The post Canadian banks wary of Opening Banking access to financial data appeared first on Payments Cards & Mobile.
