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Open Banking regulation, innovation and technology and it's potential to revolutionise the Financial Services Industry.
In 1776, Adam Smith proclaimed in the Wealth of Nations that “Consumption is the sole end and purpose of all production.” [1] Since then, academics, governments and others have tried to predict and m...
January marked four years since the introduction of Open Banking. Although industry take up was initially slow, 2021 proved to be a catalyst for the initiative. In the past year, there has been a 60 ...
Not long ago, “open banking” seemed like something unimaginable. As new digital technologies increased, the level of cyber risk also evolved. So financial data, always considered highly sensitive, bec...
Open Banking is celebrating its 4th birthday today in the UK. Four years on, and it is still growing and developing into an exceptional alternative to traditional banking. This is great news for all O...
January is known as being the most depressing month of the year and a large reason for this is the leftover financial strain put on us due to the holiday season. For many people the winter holidays a...
Disclaimer: I’m incredibly biased. I’m a strong advocate for real bank APIs and I’ve commented before on just how flawed I think screen scraping is. Screen scraping is still being used to this day, de...
The open banking industry is thriving. It can significantly alter how banks and their clients interact, offering both scale and considerably greater speed. Open banking connects banks, third parties, ...
The payment landscape has become increasingly competitive, with a growing number of payment options appearing in recent years. Now, with the establishment of alternative payment choices, the Visa and...
Over 60 countries globally have open banking initiatives live or imminently planned. The legislation that enabled open banking in the UK came into place in January 2018 and currently 8% of digital cus...
eIDAS certificates have an important role under PSD2. Their usage is mandatory for ensuring that data is kept secure and within trusted parties at all times. These certificates issued by QTSPs can be ...
Open Insurance aims to create tech-driven collaborations among insurance firms and tech companies to foster innovation, provide fertile ground for digital ecosystems and new business models to emerge,...
With the global economy undergoing the digital transformation and driving rapid change, major developments in the Kenya’s financial sector have been concentrated in banking and payments. By adopting d...