Thinking Out Loud: Innovative Use Cases for Open Banking

Dennis Collet To appreciate – and even just imagine – the true potential of Open Banking, we must look beyond the obvious ways we currently interact with and consume financial services. As mentioned in my previous post, Open Banking seems still to be the...

Open Banking: Getting the basics right

Dennis Collet Britain’s decision to implement Open Banking with a single API standard is seen to be a key enabler in lowering the barriers to entry and to also provide a wide-range of financial products. Before debating the impact of Open Banking on the...

Will traditional banks have a future?

Established banks have strength in terms of economies of scale and size both in customers and data. However they really struggle to adapt to change In the mid 90’s Bill Gates famously said that banking is necessary, banks are not. Will this be the end of banking...

How can banks counteract the GAFA threat?

Richard Meirion-Williams For banks to remain central in the lives of consumers, they must provide consistent and fulfilling customer experiences across the digital and physical environment. It’s not just about having access to customers credit or debit accounts, but...

Time to deploy MIFID II

Susheel Dodeja It is essential that all contributing stakeholders work collaboratively as early as possible. Following ESMA’s recent publication of the final draft RTS (Regulatory Technical Standards) on MiFID II, the time is right for trading organisations to prepare...