The shift to digital services has accelerated since 2020, improving the potential of Open Banking payments to become a ...
The Open Banking wave is picking up speed in Canada. The Advisory Committee on Open Banking, in its final report, said ...
This is the first in a series of in-depth thought leadership pieces on Open Banking in the Middle East. This one ...
In my previous posts, I covered the potential that Open Banking and treasury application programming interfaces (APIs) ...
In my last post, I explained how Open Banking and treasury application programming interfaces (APIs) are a win-win for ...
In the post-COVID world, small- and medium-sized enterprises (SMEs) and larger corporates have much to gain from ...
In my first post, I talked about how it was time for banks to start looking beyond compliance in Open Banking and to ...
For leading incumbent banks, Open Banking is not just a regulatory imperative. It’s a new revenue opportunity and ...
As I mentioned in my last post, the journey to Open Banking has been long and full of challenges for most banks in ...
European banks have, over the last two years, been navigating an interesting and complicated journey into the world of ...
The pace of change is not slowing down. Customers’ expectations have radically changed, and they expect much more from their banking products and services than ever before. To maintain relevance, bank...
One year after ChatGPT’s public launch, generative AI is probably still the hottest topic in the world of business—and with good reason. Research suggests gen AI could add almost $7 trillion to global...
We’re a little over halfway through 2023, but it feels like we’ve already seen more than a year’s worth of major banking news since January. With all due respect to the impact of generative AI—which w...
How loyal are your customers? And do they feel truly rewarded for their ongoing relationship with your bank? According to recent Accenture research, banking customers view loyalty as a two-way street:...
The years-long ISO 20022 journey has achieved a major milestone this year: it is now being used for cross-border payments. The new standard successfully launched globally in March 2023 with SWIFT CBPR...
In their first post, “It’s now or never: Time for central banks to embrace change,” my colleagues Rohit Mathew and Oliver Reppel explored why central banks need to transform digitally to ensure they c...
PSD2 helped drive electronic payment and data-sharing volumes while enhancing security. So why is the EU proposing to enhance it with the new Payment Services Directive 3 (PSD3) and Payment Services ...
Spring is a time when most people, bankers included, take a fresh look at the challenges they face and tackle them with renewed vigor. Commercial banking should be on this year’s spring-cleaning list....
Early trials with generative AI show that the tangle of legacy code that hinders every aspect of the transformation of banks’ core products and services could be quickly and effectively resolved. By ...
With 2023 in the rearview mirror, we can look back on the year with 20/20 clarity. This year saw banks confronting multiple risks, some foreseeable and others less so. If the year has taught us anythi...
