A new era has been unfolding in the European banking world since 14 March 2019. Since then, new data interfaces owned by financial institutions that were [..]
PSD2 in the Market Testing Phase: How Much Catching Up Do Banks Have to Do to Implement It?
Consulting Meets FinTech: A Double Portion of Digitalisation Expertise for Banks
Digital transformation has long been a Herculean task for banks. In an extensive study conducted by Forrester Research one year ago, 81% of banks [..]
Companies rely on leasing and purchase financing in order to optimally finance large purchases. Machinery and other capital goods cost tens of thousands, [..]
PSD2 with Side Effects: What You Need to Know About Strong Customer Authentication
Whether booking a train ticket or buying something at their favourite online shop, users expect secure, convenient payment methods and require functional [..]
With the introduction of PSD2, the European Union has laid the foundations for the trend towards Open Banking. In Europe, however, launching Open Banking [..]
How Savings Banks and Cooperative Banks Can Reap the Benefits of Smart Data Analytics
Imagine the situation: You are sitting on a gold vein, but lack the right tools for digging and washing. This is probably how those responsible for [..]
Digitalisation in Leasing: How Bank Information Can Be Automated Through API Banking
It is well known that anticipation is one of the greatest forms of pleasure. Let’s take the example of buying a car: proud future owners can hardly wait [..]
FinTechs are simultaneously considered by the financial sector as both a great opportunity and a threat. In fact, there is no doubt that they have made [..]
Credit Scoring 4.0: How Account Information Service Providers and Credit Agencies Create New Scoring Model
“Now we’ll just check your SCHUFA score and then we’ll sign the contract.” What may sound like a threat to the ears of many customers is actually common [..]
The Era of Open Banking: How Banks Can Remain Relevant After the Enforcement of PSD2
The topic of digitalisation is nothing new in the banking world. According to the Banking Association, online banking has become a favourite for the [..]