Version 3.1.2 of the Open Banking Standard enables enhanced features and functionality, extending beyond basic compliance with PSD2 and RTS regulation.

The Open Banking Implementation Entity (OBIE) is pleased to announce the publication of the latest Open Banking Standard, version 3.1.2 – including updates to the Customer Experience Guidelines (CEGs) and the Operational Guidelines (OGs). Both Guidelines include a number of minor changes and clarifications which have been made in consultation with participants in the ecosystem, and also include updated versions of the checklists.

Cross River Bank (“Cross River”), a leading innovator and provider of banking services for financial technology companies, today announced that it has entered into a partnership agreement with RS2 Software, a global payments processing and technology provider. Together, Cross River and RS2 will provide merchants with a seamless, global payment experience for processing credit and debit card transactions, as well as digital banking for their workers and consumers.

Global payments provider Klarna has today announced that all its alternative payment options are available both in-store as well as online.

Klarna’s alternative payment options include:

Sysnet Global Solutions, the leading provider of cyber security and compliance solutions, has established acquirers now hold higher expectations for compliance than they did 12 months ago. 

If long term certainty was ever guaranteed that time is over. Today’s leading businesses face a disruption that cannot be ignored if they are to exceed expectations and navigate through the fog of uncertainty. Proactive and insightful, the most effective finance organisations of the future will be capable of driving the business forward and holding them accountable to business results all at a fraction of the cost of today’s finance organisations.

Lexmark, a global imaging solutions leader, announced that Thomas Valjak will join the company as Vice President Channel, EMEA, effective today. With almost 25 years of experience inbusiness management, channel and end-user sales, Valjak will help accelerate the company’s channel growth across the region of EMEA. 

On 27-28 November the largest and most senior group of FinTech, Banking leaders and innovators in Europe will come together to build the future of Fintech at the 3rd edition of Monex Summit Europe in Warsaw, Poland.

Ideal Prediction, the independent trading analysis and data science company for capital markets, today announced the addition of Natural Language Processing (NLP) to its automated analytics services.

By incorporating NLP with machine learning, Ideal Prediction’s service empowers clients to create and visualize new analytical graphs in real-time with no coding knowledge.

AxiomSL, the leading provider of regulatory reporting and risk management solutions, announces today that Yapi Kredi Bank Nederland has selected AxiomSL’s strategic platform to comply with European Banking Authority (EBA) capital and liquidity regulations, in addition to De Nederlandsche Bank (DNB) specific financial and statistical reporting requirements. AxiomSL will enable Yapi Kredi to both reduce manual interactions in reporting and ensure that regulatory reports are submitted in a timely and efficient manner.

One of my favorite American historical personalities is Ben Franklin, born 1706 and died 1790.