In order to survive, banks must get ready for an open application programming interface-led economy and develop superior value propositions for their customers.
The banking industry will meet the challenge of the new era introduced by Europe’s Payment Services Directive, but it is up to its individual members to determine whether they sink or swim.
Businesses are looking for speed and convenience for cross-border transactions and the good news is that real-time international payments are on the way.
The pace of change and transformation across the financial services industry created by new technology will see emerging trends extend worldwide over the next few years.
This year promises to further the regulatory compliance burden imposed on financial institutions. How are firms in the sector responding to the challenge?
With less than nine months to go, banks are working with fintechs to tackle the various demands of Europe’s new Payments Services Directive.
As the squeeze on banks intensifies, virtual accounts are a win-win by offering efficiencies and meeting the needs of their corporate clients.
How do banks, the long-established players in the payments market, best respond to the revolution that is now underway?
Ahead of the introduction of Europe’s revised payment Services Directive (PSD2), this article looks at how those in the financial services industry build the connection between back-end data infrastructure and customer experience.
Once Europe’s new Payment Services Directive (PSD2) comes into effect in January 2018, treasury departments can expect a dramatic shift in the payments landscape.