Welcome to Finextra. We use cookies to help us to deliver our services. We'll assume you're ok with this, but you may change your preferences at our Cookie Centre. Please read our Privacy Policy.
Open Banking regulation, innovation and technology and it's potential to revolutionise the Financial Services Industry.
In the world of auditing, professionals are no strangers to an array of difficult challenges that can sometimes significantly impact their efficiency and accuracy. The journey begins with a limited vi...
The PSD2 was a truly historic piece of legislation that laid the foundations for a paradigm shift in financial services. The blockbuster Payment Services Directive 2 planted the seeds for Europe’s thr...
Variable Recurring Payments (VRPs), or Dynamic Recurring Payments (DRPs) as they’re commonly known in continental Europe, represent a promising payments innovation and are poised to deliver significan...
If the sessions and discussions at Open Banking Expo UK and Europe on 18-19 October were anything to go by, then Variable Recurring Payments (VRPs) are generating plenty of interest and excitement acr...
In September 2023, Apple launched the iPhone Wallet app integration with UK users' current account balances and transaction history. The Apple Wallet app's integration with the Open Banking API allows...
Kanika Hope, Chief Strategy Officer, Temenos The success of open banking is pivoted on the tangible business value delivered to end-customers whether they are retail consumers or small to medium enter...
In the ever-evolving landscape of the financial industry, payment service providers (PSPs) across Europe are constantly seeking innovative ways to stay competitive and meet the evolving needs of their...
Ukraine has moved to a new stage in the process of implementing open banking, as on 11 August the National Bank of Ukraine (NBU) published on its official website the approved Open Banking Concept and...
It’s now been over a month since the European Commission (EC) published their package of proposals for the next generation of payments regulation in the EU. The proposals – which will see PSD2 split ...
In every corner of the world, financial regulators are taking steps to advance open banking, with fresh regulations and frameworks recently announced in the EU, UK, US, and Australia. However, each re...
Open banking is here and is showing no signs of slowing down. According to a recent Finastra survey, 56 percent of US financial institutions (FIs) surveyed regard open finance as a “must have”, up fr...
It’s now indisputable: open banking powered payments are well on their way to becoming a mainstream payment method across Europe. And the numbers bear this out. Against a backdrop of such explosi...