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Last week, the CMA released a report on the status of open banking after 2 years in place in the UK. This blog will reflect and challenge the comments from the blog “Open Banking year two: Insights fr...
The appearance of open banking created an immediate concern within the banks as they would now have to share customer data, competition from challenger banks, etc. Even though it is a well-known state...
Open Banking – Big Tech’s in Banking? Nothing new. There was a very strong article last week titled “Big Tech’s Invasion of Banking” which illustrates how Silicon Valley is waking up to the benefits o...
In a December 20th article titled, “Without Open Banking regulation, banks and fintechs clash in the US” (*), we get a taste of the first issues that are arising in the U.S. of trying to work in a som...
Open Banking – A 2019 Summary Open Banking has been regarded by the financial sector as the most revolutionary movement since the credit card. In 2017, none of us involved in the creation of open ban...
It is no secret for those of us involved in UK open banking from its start that top UK Banks have and continue to drag their feet to truly meet open banking/API performance expectations as confirmed b...
(Due to my travels to various countries advising and speaking on open banking, I will be publishing a series of posts on this subject and how it is being embraced globally.) Background In 2016, I wa...
Last month I spoke at the Nordics NextGen conference in Stockholm. The topic was open banking and PSD2 with a truly great panel, moderator and a full house of intertactive 400+ attendees and my fi...
It’s no surprise to anyone in the financial community that SIBOS is by far the most relevant global networking event of the year. Not only was Toronto a great city to host it this year but open bankin...
It is no secret that the PSD2 regulation will open up the playing field to Fintechs and to the creation of AISP’s (Account Information Service Providers) and PISP’s (Payment Information Service Provi...
There are numerous articles related to PSD2 as to what it is and what it will mean to the various parties involved but there are also countless firms stating that they offer PSD2 solutions, which in t...