A group of 60 companies are stepping up opposition to the European Banking Authority’s plan to outlaw direct access - aka screen scraping - from the Payment Services Directive.
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.
A survey suggests that open banking, which will be ushered in next January by the Payment Services Directive, is a game changer for the financial services industry.
A global survey reveals high demand among US and European small and medium-sized businesses for fast and innovative payment and banking services.
As the squeeze on banks intensifies, virtual accounts are a win-win by offering efficiencies and meeting the needs of their corporate clients.
Reports suggest that financial technology companies competing with the banking sector believe big banks are attempting to water down the EU’s Payment Services Directive ahead of its January 2018 introduction.
How do banks, the long-established players in the payments market, best respond to the revolution that is now underway?
A report by trade association Payments UK suggests that the pace of change means this year could make a watershed in the way that consumers and businesses make payments.