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Open Banking in the Middle East: Time is of the essence

Accenture

This is the first in a series of in-depth thought leadership pieces on Open Banking in the Middle East. This one explains Open Banking and outlines key considerations for the Open Banking journey. Subsequent pieces will focus on the business case for banks in the region and lay out the actions they need to take….

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SMBs Remain Hot Spot For Open Banking Business Models

PYMNTS

Recent reports in Accountancy Age said SMBs are largely unaware of open banking, with Intuit Quickbooks finding in a survey of U.K. SMBs that nearly half (48 percent) said they don’t believe technology will impact their business. Alliance Bank Taps Into Ephesoft Data Capture. Cash flow remains the No.

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Top 5 Customer Development Posts of 2021

FICO

The most popular posts in our Customer Development category dealt with credit card payments, open banking, trends for financial services and small business lending — as well as FICO’s listing as a top risk management firm. The US is currently trending towards exceeding Canada for percentage of accounts missing two payments.

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With PSD2 Weeks Away, Banks Realize Not All Their Problems Can Be Solved Via API

PYMNTS

With Europe just weeks away from PSD2 coming into effect, banks across the region are gearing up to get on-board with one of the regulation’s main objectives: to promote open banking and stir up competition and innovation in the financial services market. the banks weren’t having it.

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