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Discussion
‘If we fix digital identity, we fix payments,’ Tony McLaughlin
Andy Hunter

Andy Hunter

  Tony talks a lot of sense here (as he always does). Consumers are wary of push payments because there is no certainty of payee identity. As Tony says, there are many means by which this can be achieved but banks will never agree amongst themselves which scheme is best and when it should be adopted, so Government intervention is essential. The model for this is the Cheques Act which says it is the banks’ responsibility to ensure a cheque payable to Tony McLaughlin reaches Tony’s account and insists they put matters right if it does not. It has worked very effectively for more than 60 years  and I commend it to the PSR!  
4 Myths About Blockchain
Ketharaman Swaminathan

Ketharaman Swaminathan

  Great analysis. Resonates well with my post Blockchain - Calling BS On Decentralization And Resilience. 
Strong Customer Authentication: The Potential and Peril of Biometric Authentication
Maximiliaan Van De Poll

Maximiliaan Van De Poll

  Thanks for the post, Mike.  There are pros and cons to biometrics, certainly. Can't be phished, but can't be changed, etc. One additional con, is that biometric data can't reliably encrypt or decrypt information (such as a private key) consistently, while a PIN can. The correct signature being produce being the verification the PIN was correct, so no need to store it anywhere.  There's a lot to discuss on this topic. It's certainly an interesting space that I'll be keeping an eye on! Thanks again.
PSD2: the time to act is now
Prasoon Mukherjee

Prasoon Mukherjee

  Good writeup. Two more elements that can add value to your thought would be  1) How will banks mange the (somewhat) conflicting need of going open (that's inevitable) on one side, and as well ensure that all regulations related to data privacy (like GDPR) are taken care. May seem easy, but will involve critical thinking and process re-engineering. 2) Standardization of APIs, which today is one of the biggest detterents to move towards API strategies at scale.  
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Webinar: Helping the bank help the customer
Event information

Webinar: Helping the bank help the customer

Join Finextra, Experian and industry experts on 30 October 2019 at 15:00 UK time as we discuss how to help banks help the customer.

Giving payment cards the finger
Analysis

Giving payment cards the finger

The Smart Payments Association believes biometric-enabled dual interface EMV smartcards are set to revolutionise the global payments markets.

Odeabank's mobile security challenge
Case study

Odeabank's mobile security challenge

Turkey's Odeabank achieved all-round security for its mobile banking apps by using Vasco's Digipass for Apps software development kit.