Pressure mounts on regulators over SCA plans
By Michael McCaw & Alex Hamilton With little over a week before Europe’s strong customer authentication (SCA) is due to go-live market ... read more
SWIFT moves to consolidate role as gatekeeper of API standards
By Nash Riggins The EU’s sweeping Payments Services Directive and the meteoric rise of open banking have created enormous potential for enterprising ... read more
Banks hitting cyber resource problems
Technology and talent will become major hurdles for banks and payments firms as they continue to keep cybersecurity responsibility in-house, according to ... read more
European banks struggling with complexity of API implementation
European banks’ inability to get up to speed with technical standards under the second Payment Services Directive (PSD2) underlines the complexities of ... read more
People moves: Cred, Vocalink, OakNorth and more
Cred appoints CFO and general counsel US-based crypto lending and borrowing platform Cred has appointed Joe Podulka as its new CFO and Dan ... read more
CoinMetro CEO: Challenger banks primed to fill crypto service gap
Challenger banks could step into a cryptocurrency gap left by risk-averse market participants, according to Kevin Murcko, CEO of CoinMetro. “Challenger banks ... read more
10 cases of insider bank attacks
By Tal Eliyahu, Principal Cyber Security Consultant at SentinelOne At least 60 percent of cyber-attacks in financial institutions are attributed to privileged ... read more
Metro Bank’s Riseborough: Customer satisfaction “not rocket science”
The prioritisation of banking services over products and other offerings has kept Metro Bank at the top of the Competition and Markets ... read more
SCA extra time fragmenting markets
National competent authorities (NCAs) may have inadvertently fragmented the payments market over their handling of the phased implementation of Strong Customer Authentication (SCA) ... read more
Alternative payments applications of blockchain technology
According to Deloitte’s 2019 global blockchain survey, 83 percent of market participants see strong use cases for blockchain technology in the industry ... read more
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UK banks unprepared for new anti-fraud requirements
The extent of the technological changes required to comply with Confirmation of Payee (CoP) rules forced banks to petition heavily for a ... read more
Fed aiming to launch real-time payment and settlement service
In a speech at the Federal Reserve Bank of Kansas City on August 5, Federal Reserve Governor Lael Brainard outlined plans to ... read more
People moves: PCI Pal, Ripple, and more
PCI Pal announces new CRO UK-based card payment solutions firm PCI Pal promoted Daren Gill to chief revenue officer on July 2. Gill ... read more
Cryptocurrencies’ rising regulatory challenge
Virtual currencies continue to gain interest as regulators and central banks explore issues and potential adoption of the technology. The total combined ... read more
Regulators and banks must move past PSD2’s “narrow focus”
The narrow focus of the European Commission’s second payments services directive (PSD2) can be improved upon by both regulators and market participants ... read more
Winning the omnichannel game with Apple Pay
By John Snoek, CPO Payvision Speed and convenience are the main ingredients consumers look for in a shopping experience today. Where retailers ... read more
Financial services “marooned” from tech advances
Banks and financial services firms are still being plagued by legacy IT decisions, according to Paul Taylor, CEO of banking software firm ... read more
SCA extension divides market
Calls for an extension to the revised Payments Services Directive (PSD2)’s strong customer authentication (SCA) deadline have met mixed receptions from the ... read more
