Pioneering progress in Open Banking

Bill Roberts

Earlier this year, we saw the first anniversary of the launch of open banking in the UK. What’s been happening in the intervening 12 months? During 2018, Account Servicing Payment Service Providers (ASPSPs) rolled out the read/write APIs developed by the Open Banking Implementation Entity (OBIE) together with their customer authentication journeys: the steps that…

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The small business end: driving adoption with education

Jonny Hawkins

It’s no secret that Open Banking is set to notably increase consumer access to financial products, whether that be debt management tools, overdrafts and loans, or modern banking. But how can this new technology benefit businesses, as well as the individual consumer? Here at Liberis, we believe the most prominent benefit to small businesses is…

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Better prepared

Former MBNA/Bank of America product development director Brendan Jones is now a part of the leadership team at Konsentus. He looks at the challenges that organisations are facing from PSD2 Open Banking.   Q: How has your career to date informed your opinions on the changing payments landscape? I have worked in the payments arena…

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The gloves are off

The payments arena is fast becoming one of the most competitive sub-sectors of the banking industry, full of companies with vastly different backgrounds. We asked four industry experts who they thought would come out on top.   “What type of organisation will dominate the payments sector in 10 years?”   Marko Sjoblom Founder & CEO,…

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Opinion: James Varga

James Varga

As has been widely discussed elsewhere, one of the primary reasons for the introduction of Open Banking was to open up the proverbial treasure trove of data on which banks sit. Everything in our financial histories is known to the banks, and with 90 per cent of consumers banking with one of the big nine…

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