3 Major Trends Driving Banking in the Near Future

3 Major Trends Driving Banking in the Near Future

A long decade after the global banking crisis, the banking industry has started to evolve to be customer-oriented and digitally driven. With technology, banks are now more capable of bringing solutions to customers based on their needs and requirements. E.g., banks...
Strong Customer Authentication (SCA) Under PSD2

Strong Customer Authentication (SCA) Under PSD2

The concept of open banking lies in the co-existence of banks and emerging Fintech firms. Together, they could bring about new possibilities for creating a customer-centric financial ecosystem. Banks and financial institutions will make use of the vast customer data...
How PSD2 Will Affect the Fintech Industry?

How PSD2 Will Affect the Fintech Industry?

With the introduction of PSD2, 2018 proved to be a substantial year in the Fintech world. Many countries have started incorporating the directive into their national laws and regulations. Norway is the latest in the list of PSD2 compliant countries. The European Union...
Adopting Open Banking and API Ecosystem

Adopting Open Banking and API Ecosystem

The concept of being open in regards to user data seems contradictory to banks in the current financial environment. We generally believe that banks must keep our data secure and must not open to any third party. Open Banking is an approach existing because of PSD2 to...