paymenteye

Taking Stock of the Digital Payments Landscape

Originally published on bobsguide. The EU Payment Services Directive II (PSD2) took effect in January, starting a trend towards increased competition by opening up the payments market to a new wave of payment service providers (PSPs) and fintechs.

Read More

Two Year Technological Forecast for European Banks – An Insider’s Account

Open Banking has been the phrase on everyones lips during the first half of this year. Of course, APIs lie at the heart of this the connectivity code that will unlock data communication and sharing between banks and third parties.

Read More

PSD2 – Banking on a Game Changer in Ecommerce

The European Union’s revised Payments Service Directive (PSD2) came into full force in January 2018, bringing with it dreams of open banking that will transform the way we move and use money. PSD2 opens up banks payments infrastructure and customer data assets to third parties.

Read More

More Than 70% of Retailers Run on Outdated Paytech

Research from Barclaycard has revealed that more than seven in ten retailers haven’t introduced any new payment technology to their website in the last two years.

Read More

GDPR Versus Open Banking: Two Sides of the Same Coin

Two hotly anticipated legislations of 2018, PSD2 and GDPR, are products of a new digital dawn. The former was met with wholehearted embrace from a host of third party fintech startups and the wider banking community who envisioned a more customer-centric and competitive Open Banking sector; ripe ground for healthy innovation.

Read More

Survey Reveals Brits Are Aware of Digital Banks, but Aren’t Convinced

Interest in digital-only banks like Monzo, Revolut and Atom, has never been higher. But a new survey, conducted by MoneySuperMarket, has revealed that, while a large proportion of the British public are aware of digital banks, theyre not quite willing to commit to them just yet.

Read More