Financial IT speaks with Paul Love Twelves, VP Consulting of Konsentus at Open Banking Expo 2019. During the interview, Paul Love Twelves highlights the importance of satisfying the demand for a simple and cost-effective solution to the problem of identifying and checking such TPPs in real-time. Furthermore, Paul Love Twelves mentioned the perspective of the customer using Moneyou as an example.
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Westpac has hired IBM subsidiary Promontory to undertake an independent review into the failings that led to the bank breaching AML/CTF laws on over 23 million occasions.
Bó, NatWest's new app-based bank has been actively targeted by fraudsters within weeks of its public launch.
The Times reports that around 30% of applications since the product went live two weeks ago have been fraudulent.
VoxSmart, the global leader in mobile surveillance technology, has announced its acquisition of the Fonetic Trading business to deliver a comprehensive communications surveillance offering for Capital Markets participants.
Biju Suresh Babu, Lead, Open Banking & PSD2, Fiorano Software at Open Banking Expo 2019 speaks about Fiorano API Management
Financial IT speaks with Atul Saini, CEO of Fiorano Software at Open Banking Expo 2019 about PSD2 compliance and company's offerings
Wirecard, the global innovation leader for digital financial technology, is the exclusive payment partner for the SwatchPAY! launch in Germany and Austria. With the help of the mobile payment solution boon, consumers can carry out easy and contactless payments with the brand new line of Swatch watches.
Financial IT speaks with Todd Clyde, CEO of Token at Open Banking Expo 2019. Todd Clyde highlights the importance of PSD2 compliance for banks.
There’s little dispute about the economic clout of Generation Z – The adults born after 1997 represent $44 billion in buying power. By 2020, they will make up 40 percent of U.S. consumers. One-quarter of the U.S. population belongs to this group, so it would seem that brands would scramble to court its members.
You have probably seen the headlines about banks not being ready for PSD2 – as the deadline approached and then passed, they were hard to miss. While it is true that less than 50% of banks have met all of the requirements mandated by the EU legislation, this is far from the full story. The open banking outlook for Europe is, in fact, brighter than perhaps you have been led to believe.