Dear Subscriber,

“There are a lot of very smart people who make a lot of very good points about Open Banking and technology in general, but often they add two and two and get five,” says Chris Michael, interim head of technology at the Open Banking Implementation Entity (OBIE).

On PaymentEye this week, Chris Michael suggests that faults in mobile banking applications are a result of technology problems on the banks’ side and not down to flaws in new regulations.

Read, enjoy and share.

David Beach

PaymentEye

Tech stack build decisions at banks and financial institutions are becoming increasingly more complex, with more vendors providing different types of technological solutions for a variety of processes. Nowhere is this more evident than within the treasury sector.