Welcome to The Axis, your late look at payments news from around the world. Coverage includes the formal rollout of payments via PayNow with the U.K.’s...
FinTech competition quickly ended banks’ practice of turning a blind eye to a lack of digital offerings. With more options than ever, customers demand better...
The implementation of PSD2 represents an opportunity for countries to overhaul their financial infrastructures, forcing them to upgrade older systems so businesses and FIs can...
PSD2’s open banking initiatives often rely on APIs, which allow banks, merchants and third-party providers to access more data and process more transactions than they...
With PSD2 becoming firmly planted in the European Union (EU), more markets are integrating the regulation into their financial systems, and prepping for changes in...
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As the financial services space focuses on digitizing offerings for their small business customers, much of these efforts are targeting online banking portals accessed via...
Forrester finds that a significant number of FIs in the U.K. are optimistic about open banking’s ability to cut costs and foster better client experiences. Meanwhile,...