Nocashevents „From PSD2 to Open Finance that actually works” – keynote speech at Banking 4.0 delivered by the CEO of Eurobits Technologies, the first Account Information Service in Europe

„From PSD2 to Open Finance that actually works” – keynote speech at Banking 4.0 delivered by the CEO of Eurobits Technologies, the first Account Information Service in Europe

„From PSD2 to Open Finance that actually works” is the theme of the keynote speech that Arturo Gonzales Mac Dowell will deliver at international digital banking conference Banking 4.0, on 25 November. „When the EU drafted PSD2, it stepped into unchartered territory. Unregulated open banking had existed since the very late 90’s in the US, and from the early 2000’s in the EU. However, regulating some aspects of open banking […]

Nocashevents CBI Hub Cloud project – Nexi and SIA to redesign payments network in Italy. „This marks the beginning of a revolution in advanced multibank digital services.” SIA is coming to Banking 4.0

CBI Hub Cloud project – Nexi and SIA to redesign payments network in Italy. „This marks the beginning of a revolution in advanced multibank digital services.” SIA is coming to Banking 4.0

Italian payment provider consortium CBI has appointed existing partners Nexi and SIA to redesign the architecture that links its Payment Service Provider (PSP) clients to banks. It is expected the new architecture will be ready for testing by the end of 2022. CBI, the hub for technological innovation and digitalization of the financial industry, has entrusted Nexi and SIA to redesign the technological architecture of interconnection between all banks and […]

Nocashevents Although open banking is more popular than ever, European financial institutions say it may take over a decade to complete open banking objectives

Although open banking is more popular than ever, European financial institutions say it may take over a decade to complete open banking objectives

Tink survey of financial executives shows open banking is more popular than ever. The share of executives feeling positive towards open banking increased from 55% in 2019 to 71% in 2021. More importantly, it is now widely considered a higher priority area with 8 out of 10 financial executives (83%) saying that it represents a revolution (rather than an evolution) for the industry. In spite of growing positivity, the complete […]

Nocashevents Open banking is the perfect alternative to micro-deposits, Nordigen says

Open banking is the perfect alternative to micro-deposits, Nordigen says

Micro-deposits have long been used as the main method for bank account ownership verification and customer identification. The process works by transferring small amounts of money to or from a bank account to verify that a person owns this account.  Even though the process is simple, it’s far from ideal, especially considering the alternatives currently available. Micro-deposits can work in two ways: when a company makes a transfer to a […]

Nocashevents Visa's response to PSD2. The card giant to acquire European open banking platform Tink for 1.8 billion Euros.

Visa’s response to PSD2. The card giant to acquire European open banking platform Tink for 1.8 billion Euros.

Visa today announced it has signed a definitive agreement to acquire Tink, a European open banking platform that enables financial institutions, fintechs and merchants to build tailored financial management tools, products and services for European consumers and businesses based on their financial data. Visa will pay total financial consideration of 1.8 billion Euros, inclusive of cash and retention incentives, to acquire Tink. Through a single API, Tink allows its customers […]

Nocashevents Romanian fintech included in the world map of relevant players in Open Banking

Romanian fintech included in the world map of relevant players in Open Banking

Financial Technology Partners, the only investment banking firm focused exclusively on the financial technology sector, released a new report focused on open banking: Rearchitecting the Financial Landscape. The report provides an overview of trends related to Open Banking, Banking-as-a-Service, and Embedded Finance globally. It also offfered a detailed landscape of FinTech companies in the Open Banking and Embedded Finance space. The FT Partners report recognize Finqware, a European technology company based […]

Nocashevents Chatbotii Bancii Transilvania – whitepaper

Chatbotii Bancii Transilvania – whitepaper

20 de milioane de răspunsuri pentru clienţii şi angajaţii BT au trimis chatboţii prin Facebook, Skype, WhatsApp şi site-ul băncii. Intr-un white paper publicat recent, banca prezinta rezultatele inregistrate de fiecare dintre chatboti. Banca Transilvania are sase chatbots în echipă, fiecare cu “misiune” şi personalitate diferită. Dintre aceştia, trei comunică cu clienţii, iar ceilalţi trei, cu angajaţii. O parte din chatboţii BT au fost botezaţi după colegi reali din echipa […]

Nocashevents Berlin Group interview about what does the future hold for TPPs and banks in a post-PSD2 era and the art of standardising APIs. Berlin Group is coming to Banking 4.0

Berlin Group interview about what does the future hold for TPPs and banks in a post-PSD2 era and the art of standardising APIs. Berlin Group is coming to Banking 4.0

Wijnand Machielse and Ortwin Scheja, part of the team that edits and moderates Berlin Group activities, have agreed to share with The Paypers their take on the latest updates of a post-PSD2 European open banking scene. What is the pulse of the market right now, post-PSD2 deadline? How do you feel the European banking and the TPP ecosystems have handled the deadline? Although the majority of TPPs were rather late in starting to test […]