„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 […]

ING Tech Romania a dezvoltat un proiect ce permite clientilor servicii de agregare cont si initiere plati. Solutia va fi integrata in toate tarile unde ING Bank este prezenta, in 2021.

Proiectul Casy dezvoltat de ING Tech Romania, permite clienţilor să îşi centralizeze într-o singură aplicaţie nu doar conturile de la toate băncile din România, cât şi posibilitatea să integreze conturi deschise la bănci şi fintech-uri din Uniunea Europeană, scrie Business Magazin. Mai mult decât atât, Casy permite odată ce clientul şi-a dat acordul să integreze conturile sale bancare în aplicaţie, sa nu mai fie nevoit să reintroducă sau să reconfirme datele […]

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 […]

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 […]

EBA sets the deadline for the migration to SCA under the revised Payment Services Directive: 31 December 2020. EBA is coming to Banking 4.0 – international fintech conference

The European Banking Authority (EBA) published today an Opinion on the deadline for the migration to SCA under the revised Payment Services Directive (PSD2) for e-commerce card-based payment transactions. The Opinion sets the deadline to 31 December 2020 and prescribes the expected actions to be taken during the migration period. Today’s Opinion also recommends national competent authorities (NCAs) to take a consistent approach toward the SCA migration period across the EU and […]

Let’s talk about PSD2 and open banking. The European Banking Authority is coming to Banking 4.0

At this moment, when a series of central banks and competent national authorities have introduced a transitional phase and new terms for PSD2 compliance, from the perspective of strong customer authentication (SCA) in the online environment, the market needs guidance and answers to a series of questions. At Banking 4.0, The European Banking Authority (EBA) will open the panel dedicated to regulatory authorities and relevant industry associations, with a keynote […]

LUXHUB launches best in class API Product for account aggregation. The company is coming to Banking 4.0

After developing one of the leading European Open Banking platforms allowing banks to smoothly comply with the PSD2 regulation, LUXHUB unveils LUXHUB One, „a fast and simple solution for banks and third-party providers to leverage Open Banking without experiencing the amount of work involved to implement fragmented APIs.”, according to the press release. LUXHUB One represents an integration layer that allows access to any financial institution via a unified API, […]

Joint industry letter on PSD2-SCA implementation for cards. European Banking Federation, Visa and Mastercard recommend EBA an additional timeframe of 18 months.

European Payment Institutions Federation (EPIF), European Association of Payments Service Providers For Merchants (EPSM), European Banking Federation (EBF), European Hotel Forum (EHF), Ecommerce Europe, EuroCommerce, Visa and Mastercard, has taken the lead on a further joint industry letter to the EBA on SCA Implementation. The organisations jointly share the goal of a harmonised EU implementation of SCA. In a first instance they have therefore called on the EBA to use […]

The Hungarian National Bank provides card issuers and acquirers an additional 12 months to comply with PSD2 strong customer authentication

On 10 September 2019, the Hungarian National Bank (HNB) issued a press release (available in English here) in which it provides Hungarian cards issuers and acquirers with additional time to comply with the PSD2 strong customer authentication (SCA) requirements, as implemented within Hungarian, but only in relation to online card-based payments. Pursuant to PSD2 and the related regulatory technical standards for strong customer authentication and common and secure open standards of […]