Culture clash by Sarah Maber, Managing Consultant at World Wide Technology
Payments Canada provide insight on the future of Open Banking in Canada and take a deep dive into how big the bang will be if the government implement Open Banking.
As with so many innovations in the world of finance and technology, Open Banking was going to revolutionise the way consumers and businesses manage their finances and access financial services.
It’s conference season! Earlier in the month I sat on a panel with Catherine Miller from think tank Doteveryone at the UK Regulators Network conference to discuss regulation and innovation.
2019 is the year Open Banking goes back to the future.
Over the last few months, I’ve seen and heard a lot of stories in the press about how the Open Banking revolution is yet to come, or, more cynically, is never going to come; at least not in the way imagined.
View From The Top – helping account providers meet regulatory requirements.
New Payment Platforms, Mastercard
Application programming interfaces (APIs) have overwhelmingly become banks’ preferred mechanism to meet their PSD2 obligations, but a year on, much of the conversation is still centred on their ability to deploy them effectively. Perhaps a better question is not how financial institutions comply with new technological obligations, but rather how can they can use APIs to drive new revenue.
Canada Focus In last year’s federal budget, Canada’s Finance Minister committed to studying the merits of Open Banking. Understandably, his decision triggered intense discussion among industry insiders and policymakers but we are now gradually seeing a broader conversation take place in the media. As a supporter of Open Banking but…
The quickly-rising number of conferences, InsurTech (insurance technology) hubs, podcasts and online InsurTech magazines across the globe is indicative of an industry that is looking to reshape its image, products, and customer experience.
Open Banking is ushering in a brave new world, with many possibilities as to how it could develop. Already parts of the industry are expanding the discussion from Open Banking to Open Finance – looking beyond banking to additional applications.
