Tag: Open banking
New Payment Services: The Threat of Tech Giants
The first 4 parts of this 5 part series focused on payment innovation, the difference between Open Banking vs. PSD2, new banking and payment services and the latest fraud prevention measures to combat fraudsters. This...
New Payment Services: Financial Fraud Prevention Measures
The first 3 parts of this 5 part series focused on payment innovation, the difference between Open Banking vs. PSD2, and new banking and payment services resulting from the recent regulatory requirement entrants. This 4th...
Everything You Need to Know about the New Payments Architecture: Overlay Services Explained
In Part 1 of this 2 part series, Rich Williams, host of the Payments Podcast, sat down with Marcus Hughes, Head of Strategic Business Development at Bottomline Technologies to discuss the New Payments Architecture and...
Open Banking and PSD2: What’s the Difference and Why Should You Care?
With an unprecedented amount of change happening in the payments landscape, it can be difficult for organizations to navigate the various ways that new payment requirements like Open Banking and PSD2 will change how businesses...
Digital Transformation: The Future is Open for Commercial Banks: Part 1
Are traditional banks getting their money’s worth from the US$1 trillion they have invested in digital transformation over the past three years? Depends, says Accenture, whose recent analysis of 161 large retail and commercial banks...
The World is Watching: PSD2 and Open Banking Drive Innovation in Payments
With the introduction of Open Banking and PSD2 in the UK and Europe, the world is watching to see how organizations create new approaches to securely manage and share bank account information. There are two...
One Year In: Who Has Capitalised on Open Banking Opportunities
Open banking opportunities — happening slowly but surely Well, it’s finally here, isn’t it? After a few years of industry debate over the finer points of the 2nd Payment Services Directive (PSD2), an implementation date...
FAQs about Open Banking and PSD2
It’s no secret that the global payments landscape is in a state of flux. This is particularly true in the UK and European Union where all eyes are watching the roll out of two initiatives...
Understanding the new payments architecture
PSR, PSF, SPP, TPSP, NPSO*… since the inception of Open Banking it’s as though the payments industry has become a veritable alphabet soup of acronyms as organizations are created to control all of the changes...
Everything You Need to Know About Open Banking, PSD2 and Other Changes in the UK Payments Landscape
There’s no doubt that initiatives like Open Banking, PSD2 and others are transforming the way businesses pay and get paid. We’re experiencing a time of radical change in the payments landscape. It’s an exciting time...