Independent research finds 74% of UK Electronic Money Institutions are still not PSD2 Open Banking compliant, risking FCA enforcement action.
A Mastercard interview on combatting Open Banking fraud with David Head, Vice President for Open Banking Product Management (Mastercard) and Brendan Jones, Chief Commercial Officer (Konsentus)
What data held is held in the EBA Registers and are there any inconsistencies and gaps? How might Financial Institutions be impacted when they rely on this data alone to verify the regulatory status of TPPs?
Raconteur’s report in The Sunday Times on the Future of Payments featuring an article by Mastercard and an overview of the Konsentus solution.
Incumbents are launching open bank hub initiatives as challenger banks and financial technology firms face a differentiation imperative.
Never before has there been such a need for digital financial services and frictionless access to accounts
What information do the NCA registers hold and what are the challenges that need to be overcome for banks to safely provide PSD2 compliant interfaces to TPPs?
This article describes a problem that emerged with the PSD2 APIs, and covers the work that many have been involved in to solve that problem.
