Research At A Glance: Week 48

Data Republic website

Financial Regulator Development Focus  by Sherman & Sterling  This snapshot is an overview of European and global financial regulatory developments. In particular, it explores the legality and effects of Brexit, an updated MiFID2 suitability briefing and the exploration by three central banks of issuing Central Bank Digital Currencies. Is Open Banking open for business? by KPMG The […]

Member Spotlight: Bizcuit

When asked to explain his one-and-a-half-year-old company’s name, Bizcuit founder and CEO Hessel Kuik was terse: “It’s a business kit enabling SME’s to go digital”. Bizcuit provides an app for a range of entities, including accountants, freelancers, and their main focus, SMEs, for taking care of their business needs, such as creating sales quotes and invoices, integrating […]

Innopay focuses on open and collaborative data sharing

Innopay, industry leader in payments, digital identity, and e-business consultancy, has recently published an article titled “Collaborative data sharing drives digital transformation”. The article discusses the focus of the company from the perspective of Mariane ter Veen, director, lead data sharing, on assisting clients to formulate strategic responses to an ecosystem getting more and more based on […]

Capgemini publishes World Payments Report 2018

automation-five-areas-impact

Authored by Capgemini, the 14th edition of the World Payments Report (WPR) analyses the new global payments ecosystems with a focus on non-transaction volumes, the ever-changing regulatory landscape, the changing and dynamic nature of payment service providers’ roles, and the resulting new horizons for payments and transaction banking. Acknowledging the continuous growth of non-crash transaction […]

The Paypers launches Open Banking Report 2018  

Stone and Chalk startup range

The Paypers report which details improving customer experience, building trust, and gaining consent, was released last week. In these endeavours, the report highlights that banks can improve their offerings, foster new sources of revenue, and expand their business propositions regarding open banking by working with fintechs. Specifically, the publication is divided into four chapters, and […]

Innopay on open banking and how to master it

Jeroen de Bel

Innopay, the management consulting company headquartered in Amsterdam, has recently published an article assessing four core API Developer Portal capabilities of more than 50 banks, and identifying five strategic actions that banks can undertake to execute their Open Banking strategy. The authors’ attention is focused on specific assets of the Open Banking strategy, that being, the […]

Standalone Digital Banks Make Waves with Traditional Financial Institutions

Data Republic website

Citizens Financial Group is the most recent traditional institution to launch a standalone digital bank. The space has seen a flurry of activity this year, with the country of Georgia’s largest bank, TBC, recently rolling out its own offering, Spaces. Citizens Access, the new digital bank from the Citizens Financial Group, offers US customers online […]

Beat them or join them? Gjensidige’s digital banking unit acquired, Ingenico next

Nordea has announced today that it will be acquiring Norwegian insurer Gjensidige Forsikring‘s digital banking unit for EUR578 million cash, effectively adding 176k customers and EUR4,840 million of their assets onto their balance sheet. With the acquisition of Gjensidige digital platform, Nordea will also be distributing Gijensidige’s insurance products to its own 900,000 customers. The acquisition, Gjensidige […]

Six Months into PSD2 – Confessions of the WSO2 Open Banking Team

Data Republic website

by Kushlani De Silva, Associate Director Marketing at WSO2 It’s been six months since the PSD2 compliance deadline and the dust is settling in. Or is it really? Just like when it started, the post PSD2 landscape is viewed from different angles. It has been called everything from a ticking time bomb to a slow burn […]

Global payment leaders Visa and MasterCard step up fintech game

Transnational payments leader MasterCard has unveiled a series of open-banking oriented partnerships and initiatives this week; including inking a deal with fintech superstar Starling bank, who will help the financial institution settle funds sent within the UK via P2P through the Mastercard Send service. Meanwhile, its archrival Visa has just launched the $100 venture investment fund and […]

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