Innovation driven by regulation, KPMG reports on Holland FinTech’s event ‘PSD2 in Business’
On the 15th of January, KPMG attended the PSD2 in Business event, organized by Holland Fintech. An interesting line-up of speakers including Klarna, Privacy First, DNB and ACM spoke about the impact from PSD2 that was effectuated two days earlier. At least: should have been effectuated, but the Netherlands and 19 other European countries are […]
Small but mighty challenger banks in Britain
Monzo has opened its API to Moneybox, enabling users to round up and invest the spare change from their everyday purchases. It reminds us of the growing number of British challenger banks and how they are changing the market. Moneybox’s app helps customers invest their spare change in simple tracker funds by rounding up transactions. Moneybox […]
Main open banking events in 2018
Open banking is a crucial topic in 2018, with PSD2 and GDPR requiring countries to comply to EU-wide legislation. Although PSD2’s official date of entry into force has already passed, for many countries and companies it remains unclear what kind of an impact it will make and how to adapt. Nonetheless, open banking is a […]
Annual Member Summit Recap
The Annual Member Summit on January 17 was a celebration of our members and our three years of history. We started 2018 by sharing our plans, strategies and calendar for the coming year. We are dedicated to creating more collaboration, more events, more networking and more success to all in our member base. It was […]
PSD2 in business event
Last Monday, January 15, Holland FinTech and the Dutch Payments Association organised the PSD2 in business event. The event was available for Holland FinTech members and took place at the Dutch Payments Association’s office in Amsterdam. The room was filled with attendants, together representing a large part of the financial ecosystem. The event was strategically […]
The future of banks in the PSD2 era
How might banks adapt to PSD2? Guest writer Jeroen de Bel presents his ideas. In December 2017, we at Olympus Advisory visited the Fintech Live event in London and, as expected, Brexit was one of the key topics people most talked about. There was much interest from British fintech start-ups to explore opportunities at the […]
Open banking: expert insights
This article summarises three main reports regarding open banking. To keep the narrative succinct, technical details of open banking are left aside as the article is aimed at the implications for different stakeholders. The reports discussed are published by Barclays, Deloitte and Pinsent Masons. OPEN BANKING – A CONSUMER PERSPECTIVE Publishing entity: Barclays Author: Faith […]
Open banking: Brexit effects
The U.K. is known as a banking and fintech leader in Europe. It’s also slated to leave the European Union, a move referred to as Brexit. So, where does all this leave open banking? Below, we’ll discuss Brexit’s effect on open banking, particularly taking into account the upcoming second Payment Services Directive (PSD2), which goes […]
PSD2 in the Netherlands (including upcoming events)
The PSD2 implementation deadline is approaching quickly. It is a current and hot topic that affects a large part of the financial landscape in the EU. Officially, PSD2 must to be implemented in all EU Member States’ national regulations by January 13, forthcoming. Most countries in the EU are working hard to meet the coming […]
Open banking: industry voices
To ensure smooth implementation of open banking, we need to listen to the voices of different segments in the industry. Open banking holds free exchange and data sharing at its core. Likewise, its implementation will require free exchange between the important industry players: banks, fintechs, regulators. Recognising this, leading UK and European banks will together assess the […]