Tag: Open banking

FAQs about Open Banking and PSD2

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...

/ November 12, 2018
New Payments Architecture

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...

/ October 24, 2018
Open Banking, PSD2

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...

/ October 3, 2018
open baking's impact on the payments industry

Open Banking’s impact on the payments industry

Simon Chan, Associate Director and Global Lead of Emerge at Edelman It’s been more than 8 months since the go-live date of the UK’s Open Banking initiative. But has Open Banking’s impact on the payments...

/ September 5, 2018
Difference between open banking and PSD2

Understanding the difference between Open Banking and PSD2

What is the difference between Open Banking and PSD2? The terms often seem to be used interchangeably, but are they? This article gives a high level overview of how Open Banking and PSD2 differ.

/ August 22, 2018
Benefits of Open Banking

Benefits of Open Banking: How it Helps Small-Mid-sized Businesses Improve Cash Visibility and Transaction Reporting

Open Banking in the UK got really interesting as of January 13, 2018. If you are an individual or small-mid-sized business (SMB) with an account at one of the largest 9 UK banks, you can...

/ February 13, 2018
Open Banking and PSD2 in the History of European Payments

Open Banking and PSD2 in the History of European Payments

What significance will January 13th, 2018 -- the day Open Banking and PSD2 became a reality in the U.K. -- have on the history of payments? Surely it will someday have a place in the...

/ January 15, 2018
The Impact of Open Banking

The Impact of Open Banking on the U.K. and Beyond

Open Banking will change the way payments are managed, not just in the UK but around the world. The objective is to improve competition and innovation in the payment industry, which reinforces the UK’s position...

/ October 13, 2017