The revised payment service directive (PSD2) is set to disrupt the banking industry with fintechs possibly taking over payment initiation and account information services from banks. But, these fintech companies...
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In the wake of the ING money laundering affair, the Dutch National Bank (DNB) expressed its concerns in a letter to the Dutch House of Representatives about how banks are—or...
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It’s been almost a year since the General Data Protection Regulation (GDPR) came into force. Under this law, companies, including banks, are required to protect their customers’ data. Obviously, banks...
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Banks and IT’s relationship status: It’s complicated. Through the years they’ve managed to coexist, but if they want it to work out over the long term, they both need to...
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In an increasingly globalized and automated world, the demand for real-time payment processing or the ability to handle instant payments—is growing ever larger. Many clearinghouses have already set up real-time...
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As Brexit approaches, banks are moving their headquarters from ‘The City’ to Europe. Because the EU requires them to have an office in one of its member states in order...
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It’s the holiday season, and while that means joy for most people, family tensions for others, and extra spending for everyone, it also means an increased workload for those responsible...
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