Sharing transaction risk data leads to Open Banking success

  • Milan Kaihatu Rob van Meijel
  • PSD2Open BankingCybersecurity

The revised Payment Service Directive Regulatory Technical Standards (PSD2 RTS) will require every bank to apply Strong Customer Authentication. This introduces unwanted friction in the process. A solution lies in Transaction Risk Analysis. In this article, we elaborate on three key points that need to happen in order for banks to make TRA more effective under PSD2.

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SAP community warming to iSHARE

Data sharing is extremely common among supply chain partners. Every company that uses SAP software is involved in some form of data sharing with customers, suppliers and/or service providers – but how can that be organized smartly and efficiently? Hewlett Packard Enterprise (HPE) recently organized a seminar on ‘Innovation for Digital Transformation’ and invited members of the SAP network to attend. During the seminar Douwe Lycklama, Founding Partner at INNOPAY and iSHARE Lead, held a presentation on the iSHARE Scheme. The scheme enables companies in the transport and logistics industry to share data more easily, more quickly and in a more controlled manner – not only with existing partners, but also with new ones. iSHARE attracted a lot of interest and also generated plenty of questions.

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Open Banking and TPPs trigger banks to innovate their corporate onboarding processes

  • Josje Fiolet Esther Groen
  • PSD2Open BankingCorporate Onboarding

PSD2 has been an important catalyst for banks to open up. While many banks in Europe are still focused on making the PSD2 deadline of September 2019, we see some leading banks move beyond compliance and shift towards Open API Banking. In this emerging Open Banking play, banks start to understand that enabling secure access to customer data is the new money, an outstanding customer experience is pivotal, and trust is the primary condition.

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Mastering Open Banking: How the ‘Masters in Openness’ create value

  • Mounaim Cortet Art Stevens
  • APIPSD2Open BankingBenchmarkOpennessCustomer in Control
180926B OBM rating graph 2.0

The INNOPAY Open Banking Monitor covers the global state of play in Open Banking. It benchmarks 50+ banks on 4 core Developer Portal capabilities: API Catalogue, API Documentation, Developer Usability and Community Development.

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Unlocking opportunities in the API economy

  • Mounaim Cortet
  • PaymentsArticleAPIPSD2Open Banking

Market disruption, client evolution and regulatory change mean that the banking and corporate world is preparing for an API and Open Banking revolution. Making a success of it will require both collaboration and standardisation

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Celebrating 15 years of innovation in digital transactions

  • Vincent Jansen Douwe Lycklama Shikko Nijland

This year we are celebrating our 15th anniversary. We have grown to become the market leader in the Netherlands, powered by our team of more than 50 domain experts who regularly collaborate with our European clients.

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Corporate customers are pivotal in creating value on top of Instant Payments infrastructure

  • Leon Koesoemowidjojo Wouter van den Hengel
  • PaymentsRetail BankingCorporate BankingInstant Payments

Search for Instant Payments use cases: Corporate customers are pivotal in creating value on top of Instant Payments.

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Integrating different modalities and services into an open mobility ecosystem: five key steps

Personalised door-to-door journeys in multimodal commuting require close collaboration of mobility providers in ecosystems. This blog introduces the idea of a mobility ecosystem and five key steps to develop an ecosystem.

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Drempelloos data delen met behoud van controle

Het kabinet wil de Nederlandse burgers in aanvulling op de Algemene Verordening Gegevensbescherming (AVG) nog meer regie over hun eigen data geven. In de Nederlandse Digitaliseringsstrategie staat dat nog deze kabinetsperiode daartoe afsprakenstelsels worden geformuleerd. Het hart van dergelijke afsprakenstelsel zijn afspraken over identificatie, authenticatie en autorisatie van mensen en bedrijven die data willen delen met anderen.

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The battle is ON: incumbent banks accelerate onboarding innovations

  • Jim de Wolf Josje Fiolet Jurriaan Wesselink
  • OnboardingRetail BankingChallengerBenchmark

Where newer and smaller banks used to outclass the incumbent banks regarding the onboarding process, the recent INNOPAY benchmark shows a comeback of the established players.

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