Since January 2018, when the UK embarked on its open banking experiment, we have heard a lot about it. Now the regulation is almost two years old, we believe that there have been visible changes in the financial landscape, especially for big banks and firms willing to...
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With open banking leading the way, large banks, financial institutions, and aspiring third party providers are preparing to redefine the financial services. They will produce more personalized products and services catering to the financial needs of the consumers....
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Open banking has gained momentum in the global banking industry. Banks and Fintechs are adopting the new approach to revolutionize services quicker than ever before – keeping customer needs as the focal point. As banks and financial institutions across Europe are...
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Today’s customers want personalized interactions, easy access to their money, and simplified processes when it comes to banking services. A customer’s banking journey ranges from onboarding to transacting and account maintenance. With the increasing demand for...
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PSD2 is coming into force on this 14th September to set standards for fraud prevention, data usage, and transparent online payments across the EU. The idea behind the directive is to safeguard online transactions, unify the payment system, as well as promote new and...
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We live in a world of constant change and increasing speed is the cornerstone for all the services. Disruptive technologies – mobile, cloud, and APIs – have greatly empowered customers who demand convenience, speed, and personalization in the services they get....
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