Banking 2020
NOVEMBER 25, 2015
China has introduced new draft rules that are intended to tighten regulations governing online payments in the country. Therefore, proposals issued by the country’s central bank will aim to add “much-needed safeguards” to tackle these issues, the Wall Street Journal reports. The impact of tougher regulations.
Banking 2020
DECEMBER 3, 2015
Cash has always been the ultimate way of hiding your tracks but now the banking industry needs to start paying more attention to so-called ‘hidden payments’ that are not conducted using traditional channels, as these activities are growing at an increasing rate. Why the move to hidden payments?
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Banking 2020
NOVEMBER 8, 2015
Open APIs are a key part of wider transformation in the banking industry and will become much more common as regulation forces banks to open up their systems. The move comes just as the banking industry gears up for major changes to payment rules that will mean they have to open up their platforms to third party developers.
Banking 2020
NOVEMBER 18, 2015
As PSD2 hits Europe and real-time payments systems gain traction globally, the question of infrastructure has perhaps never been higher up the agenda for the industry. Technology-led disruption to the way we view how to pay and what is expected from a transaction means constant reassessment of the fabric of the payments sector.
Banking 2020
NOVEMBER 9, 2015
Mobile technology is rapidly becoming an integral part of the way that many people manage their finances and make everyday payments, with the popularity of mobile banking apps and dedicated mobile payment tools such as Apple Pay growing all the time. Key trends driving the increase. ” A divergence in strategy.
Banking 2020
JANUARY 21, 2016
And it’s one that goes to the heart of the debate among bank bosses about whether to participate in third party payment apps using an Application Programming Interface (API) or build their own standalone versions. It’s worth pointing out that banks won’t have much say over third-party access to accounts with the arrival of PSD2.
Gonzobanker
MARCH 26, 2020
Hard as it is to fathom, we’ve just seen digital banking morph from “important” to “existential” status in one week’s time, and banks and credit unions that aren’t able to market, sell and serve their customers in an entirely mobile capacity are now facing an existential threat. The question we face now, though, isn’t whether.
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