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Tieto launches API Hub for PSD2 compliance in a cloud
In response to open banking development in the European market and an increasing interest from countries outside EU, Tieto has launched an API Hub – a global test environment for... more
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After the launch of a national payment system, what next?
Building a national payment system is a huge undertaking. Prior to launch, banks and non-banks have to collaborate on the governance, rules and features of the system. They have to build coverage across open and instant rails. This takes thorough planning, clear communication and strong supporting processes and branding. Launching a national payment system is [...]
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Open financial services – An open invitation to financial inclusion
‘Open’ is a short word with a long list of meanings. These range from being free to all to join, ready for business or prepared to entertain new ideas. The impact of ‘open’ within financial services today is almost as big as the list of meanings is long. Accessible, available, inclusive In the context of [...]
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Virtual accounts: innovation to help banks exceed customer expectation
Corporates are under increasing pressure to be more efficient and their expectations of their banks are changing as a result. Banks need to be innovative to meet client expectations. Virtual accounts can be part of the solution for banks in meeting the needs of their corporate clients, as well as addressing their own internal strategic [...]
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Kenya Bankers Association develops banking industry switch with Tieto
Kenya Bankers Association (KBA), the banking industry’s umbrella body, has awarded Tieto the contract to develop Kenya’s first industrywide switching platform in a move that will see banks enhance efficiency across all digital platforms. The Tieto-developed payments software will enable KBA, via a subsidiary company called Integrated Payments Service Limited (IPSL), to develop instant payment [...]
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