Tag: Europe
How banks are getting around open banking and PSD2
Banks are scared, and will block any technology challenger. Don’t expect incumbents to provide open banking services any time soon. Read more: banknxt.com
Senior banking technologists quit to become FinTech gurus
Banks have been battling over senior technology professionals over the past six months, but they have a new problem. Read more: efinancialcareers.com
Wirecard’s newest service enables money transfers from migrants
Wirecard is launching a new mobile money remittance service in Europe, targeting consumers including unbanked migrants sending funds home. Read more: www.bankingtech.com
More regulations coming to bitcoin exchanges
Government law enforcement agencies are treating Bitcoin just as they would any other publicly traded currency. Read more: bitcoinist.com
EU watchdog tells FS firms to focus on blockchain security
Financial services firms rushing to adopt blockchain need to make sure that they address the security challenges associated with the technology. Read more: www.finextra.com
FinTechs making strides in PSD2
New entrants, products and services are expected to result from the Directive, a revision of the original PSD that was introduced in 2007. Read more: www.bankingtech.com
What Facebook’s European payment license means for banks
The rumours of Facebook entering the payment space in Europe have been going on ever since Facebook applied for a money transfer license a while ago. Read more: techcrunch.com
Mobile banking surges as security issues are addressed
ING shows that the share of mobile device users in Europe who bank by mobile has swelled to 47% – up from 41% in 2015. Read more: www.finextra.com
How far can ‘challenger’ banks ride FinTech charters?
Fintech, despite all the hand-wringing in recent years, isn't a full competitive threat to banks yet. Read more: www.americanbanker.com
BNP Paribas completes first blockchain B2B payments
BNP Paribas has just completed its first cross-border corporate payments transactions via blockchain technology. Read more: www.pymnts.com