Liz Oakes, Executive Vice President (Market Development), Mastercard

New Payment Platforms, Mastercard

Application programming interfaces (APIs) have overwhelmingly become banks’ preferred mechanism to meet their PSD2 obligations, but a year on, much of the conversation is still centred on their ability to deploy them effectively. Perhaps a better question is not how financial institutions comply with new technological obligations, but rather how can they can use APIs to drive new revenue.

Read More

Industry Insight, Andrew Moor, CEO, Equitable Bank

Andrew Moor

Canada Focus In last year’s federal budget, Canada’s Finance Minister committed to studying the merits of Open Banking. Understandably, his decision triggered intense discussion among industry insiders and policymakers but we are now gradually seeing a broader conversation take place in the media. As a supporter of Open Banking but also an industry insider, I…

Read More

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…

Read More