10 Dec 2019
A US financial regulator opened an investigation last month into claims that Apple's credit card offered different credit limits for men and women. Steve Wozniak, the co-founder of Apple tweeted that he had received a credit limit that was 10x higher than his wife’s, despite them both sharing all their accounts. There is no doubt that the card wa...
23 May 2019
One of the key features of the Revised Payment Services Directive (PSD2) and UK Open Banking is the requirement that all (almost) parties engaged in delivering the account information services (AIS) to the end user customer are authorised. This authorisation includes the conduct of the managers, the scope and maturity of the offering(s), governanc...
30 Apr 2019
Since the first anniversary of Open Banking earlier this year, I – along with much of the fintech industry – have been questioning the progress of the new regulations, what more we can do to improve consumer experience and outcomes, while further evolving the ecosystem. It is apparent to me that, while Open Banking is working, problems with PSD2 a...
06 Oct 2017
05 Oct 2017
03 Oct 2017