Dear Subscriber,

“There really is only HSBC and Citi Bank that are the true global banks left,” Jeff Parker of WorldFirst explained to PaymentEye, “we speak to a lot of the banks now and they’re definitely a lot more prepared to working with partners and try to fill gaps in their customer base.”

On PaymentEye this week, we look at the impact the 2008 crisis has had on third party relations within payments – all the more pressing with the explosion caused by Open Banking.

Read, enjoy and share.

David Beach

Leading global identity verification provider is reaching new heights, now able to verify more than two-thirds of the world’s population

The credit crisis that tore apart the banking sector has had a lasting impact on the way the industry works with third parties, particularly within the payments space.