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By Arturo Gonzaléz Mac Dowell, On February 13th 2017 the EBA published its final draft on Regulatory Technical Standards on strong customer authentication and secure communication under PSD2 The offi...
There has been a flurry of excitement since the publication of the EBA’s draft Regulatory Technical Standards (RTS) on 23rd February 2017. While there is much to consider within its 153 pages, the fo...
Given the possibility of the upcoming UK's withdrawal from the EU, Lithuania has offered an interesting proposal for licensing of payment institution. The Lithuanian regulator proposes to issue paymen...
Blockchain is being talked in the same breath as electricity and internet, which is no small feat. Both electricity and internet have proven themselves to be invisible yet beautiful technologies which...
The amount of investment in venture capital backed fintech companies is well documented but how much value is being created and how does that relate to the value of established financial services comp...
Some time ago I realised the banking industry was in for a regulatory shakeup along with perhaps some revelations in the areas of privacy and security. I chose to have a break, putting a few things on...
The technology that is likely to have an enormous impact on the future of the world economy has arrived and it is here to stay… It’s called “Blockchain”… Blockchains are new technology layers that rew...
Few people associate regulation with innovation. For some, its seen as a necessary evil to protect consumer rights and fight fraud. For others, it’s a straitjacket that can reduce operational agility....
Emergence is a phenomenon whereby large entities are the result of interactions between smaller or more simple entities. In the realm of the internet, dissemination of knowledge is no longer central m...
With less than a year to go until the application of MiFID II, it is becoming increasingly clear that cultural change is being pursued by the financial regulators as a pressure mechanism to achieve sy...
In my previous blog on the subject of bank branch renewal, we looked at how the role of the branch was changing, and how IT applications in the branch underpin a successful renewal of the format. We...
One of the obstacles for massive adoption of blockchain technology is the lack of clarity from regulators. Regulators world-wide have long time taken a wait-and-see attitude towards blockchain and dis...