Speakers at this year’s Open Banking Expo have revealed their predictions for the future of Open Banking at the sold-out event in London yesterday.

In his opening address, keynote speaker Jim Marous made the case that Open Banking providers will need to extend their offerings beyond traditional banking services and focus on making the consumer’s life easier if they are going to succeed.

Financial IT speaks with Omer Paz, COO and May Michelson, Director of Business Development - Europe from PayKey at FinTECHTalents 2019

Financial IT speaks with Matt Locsin, Head of Innovation of Publicis Sapient at FinTECHTalents 2019.

TMD Security announced today that its global survey of thirty banks, ATM deployers, CITs and service providers revealed three major business reasons for replacing keys and cards with a single Access Management solution using One Touch Access TM Security mobile app for all ATMs and branch doors.

Operational cost savings was the primary business case. Respondents cited today’s key-holder processes as a major expense. Every routine service call which involves opening the ATM top box to service the card reader, for example, requires a keyholder to accompany the service engineer.

The City of Tampere, Finland and Tieto, a leading Nordic IT services and software company, have developed a solution to improve the urban traffic safety of pedestrians. Utilizing artificial intelligence (AI) and Internet of Things (IoT) technology, the test solution can automatically detect when a pedestrian is planning to cross the street at an intersection. An alert can be relayed to automatic traffic signs, and in the future even directly to vehicles. Furthermore, in the future, the system can also be a building block for autonomous vehicles.​

Martin Threakall, Chief Operating Officer of Modulr, commenting on Pay.UK’s decision to decline the fraud levy:

“While consumer protection is of paramount importance, we believe a more collaborative and inclusive industry approach must be taken rather than a blanket fraud levy.

Invstr, the award-winning investing app, has announced the launch of Invstr Academy, an interactive and gamified learning experience that enables total beginners to become confident investors.

For the first time, beginner investors can build investing knowledge through an intuitive mobile experience, custom-designed for the digital age. Accessed through the Invstr app, Invstr Academy features ten modules, each containing practical information about investing in easy-to-understand and relatable language.

Natixis Investment Managers, one of the world’s leading asset management firms, has selected ALPIMA for web-based portfolio design, optimisation and visualisation within its Solutions group.

Offered as an enhanced version of its cloud-based enterprise service, the ALPIMA platform will be delivered on a white-label basis and configured specifically to meet Natixis Investment Managers requirements.

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the availability of a beta version of its FRTB Real Price Observations Data Service. The service will enable the mapping of risk factors to a pool of global derivatives data to gain insight on modellability results in accordance with the Fundamental Review of the Trading Book (FRTB) framework.

Financial IT’s archive includes two very different stories about branch banking in the last two months or so.