PSD2 and other payment regs are getting away from data compliance tech

After the 2008 financial crisis, FIs faced stringent regulations from governing bodies across the globe. FATCA, GDPR, PSD2, and MiFIDII are some of the regulations that have come into existence in the last few years. According to a Deloitte report, there are around 200 regulatory revisions to track and comply with on a daily basis. 

Continue Reading…

Battling Regulations – How Banks can Navigate PSD2 and GDPR

Many banks still recovering from the impact of digital disruption, yet now are having to contend with two new game-changing regulations in the shape of Open Banking/Payment Services Directive-Revised(PSD2) in January 2018 and General Data Protection Regulation(GDPR) in May 2018. The challenge to adapt to both and still maintain a profitable business can be overwhelming 

Continue Reading…

Open Banking – Seize available opportunities in a post-PSD2 world

Customer demands that have been pushing for Open Banking are in no respect new – especially corporations and e-merchants, even with their close relationship to banks, have long been asking for efficient payment and liquidity solutions even in a multi banking relationship. Neither is Open Banking only a PSD2-based European phenomenon. Rather, it is quite 

Continue Reading…