The payments industry is on the move. As new regulations come into force a flow of new digitized payment technologies, business models and stakeholders are gaining serious traction in the market. This ...

PSD2 was intended to revolutionize the world of transactions by allowing banks’ customers to use third-party providers to manage their finances, placing an obligation on banks to offer these ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Ralf Ohlhausen, executive advisor and European TPP Association ...

As of 28th June 2023, the European Commission unveiled a draft proposal for a comprehensive Payment Services package. This package comprises the third Payment Services Directive (PSD3) and a new ...

EDINBURGH, Scotland--(BUSINESS WIRE)--KAL, a world-leading provider of banking software, is delighted to announce the launch of its new open banking technology designed to help banks get ready for the ...

The U.K. got an earlier start on open banking implementations, prompting European merchants and fintechs to turn to payments-as-a-service providers for rapid deployment. The EU’s PSD2 open banking ...

PSD2 or the European Payment Services Directive 2, has been in force since 2016 but payment services providers had until 2018 to adhere to the rules. The EU directive requires providers to incorporate ...

With Silicon Valley in the West and Shenzhen in the East having long dominated the tech scene, Europe’s leaders have been calling on the need for the EU to achieve technological sovereignty. This ...

A bank based on a mobile app, a car maker that rents out cars rather than selling them, and somebody renting their spare room all have something in common - they rely on fintech to work. I blogged ...

Nordigen, a Latvia based Fintech, has launched an Open Banking API that incorporates a freemium model. According to Nordigen, developers in companies of all sizes may access PSD2 data from major banks ...