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How PSD2 Is Changing ING Bank’s API Strategy

PYMNTS

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. These extensions will only be granted to a select few retailers, however.

Strategy 188
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Real Innovation Solves Today’s Problems, Not Tomorrow’s

PYMNTS

Innovation happens when you least expect it. Those we call “innovators” are simply the ones who endeavor to solve the problems in front of them by any means necessary. Only later do others look at them and call them “innovators.” PYMNTS: Where do you look for innovative ideas, and why? The conversation is excerpted below.

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Trending: Meeting The Millennial Need For AI-Powered Visual Shopping

PYMNTS

Online marketplaces for everything from retail goods to travel services to hospitality need to ensure a quick and easy way for both buyers and sellers to transact with each other— or risk losing both sides to a waiting host of competitors. An AI-Powered Visual Shopping Experience For Millennials, Gen Z.

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Snap Developing Augmented Reality Wearable Glasses

PYMNTS

We already know that Snap seeks to innovate with the camera and claims to have changed the social media user experience. While this rumor has not been confirmed yet, many are speculating about it because of Snap’s latest augmented reality–focused patent filing.

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Report: Subscription Commerce’s Digital 3.0 Boost

PYMNTS

This measured improvement in merchants’ ability to convert subscribers underpins their willingness to offer features that improve overall user experience,” our report noted. million individuals currently hold streaming, education and training, digital media or consumer retail product subscriptions, 27.4 million – 16.4

Report 197
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The Challenges of the New Neo Bank

Celent Banking

The promise of these new start-ups was a drastic improvement on customer experience, ditching traditionally stale financial services with improved digital offerings, social media integration, and a familiar/casual communication style. What do you think? Will the concept of neo-banks have a place within traditional banking?

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The growing interest in digital banks

Insights on Business

Recently, new digital technologies – driven by cloud, mobile, social media and analytics – have significantly lowered entry barriers and put customers much more at the center of the banking relationship. At the same time, regulators in many countries also have relaxed regulations to encourage innovation in the banking industry.