IN BRITAIN alone millions of people make formal complaints each year about their banks. For them, Sebastian Siemiatkowski, founder of Klarna, a Swedish payments startup, brings good news. New European rules, he says, will open the door to a host of innovative services that analyse transactions, so “an app could …
I talked about the impact of fintech on asset finance, and specifically the nature of the disruption that technology will bring to the industry and its SME customers. The starting point of the talk was the theory of disruptive innovation.
Nordic banking giant Nordea has launched an open banking site for external developers in preparation for the revised Payments Services Directive (PSD2).
finextra.com – On Monday 27 March 2017 the European Parliament’s Committee on Economic and Monetary Affairs held a Scrutiny Session on the Final Report on Draft Regulatory Technical Standards on Strong Customer Authentication and common and secure communication under Article 98 of Directive 2015/2366 (PSD2).
computerweekly.com – With the EU’s Payment Service Directive (PSD2) going into effect in January 2018, banks have no time to waste in preparing for the changes it will bring
bbvaopen4u.com – Although PSD2 never explicitly refers to APIs, most experts in the technology and financial sector take it for granted that APIs will be the technical means that allow the Banks to fulfill the specifications of the regulation, quite apart from what the EU countries implement in their respective …
contently.com – Bill Gates once said, “Banking is essential. Banks are not.” Millennials are taking that to heart, going all in on mobile banking.
thefinancialbrand.com – Artificial intelligence and machine learning are reshaping banking, including the ways in which financial institutions manage their marketing materials.
techcrunch.com – Between Venmo, Square Cash and even Snapcash, no one can argue that it’s hard to send money to a friend. But it wasn’t always this way. Paper checks used to..
techcrunch.com – Yesterday I caught up with Tom Blomfield, co-founder and CEO of digital-only or ‘challenger’ bank Monzo. The startup is building a digital-only bank, or “smart bank,” as Blomfield calls it, and last August was granted a U.K. banking licence “with restrictions” by the U.K. regulators FCA and PRA, …