Open Banking - Öffnung als zentrales Element der zukünftigen Bankenlandschaft

The first of a series of seven German blogs outlining all relevant aspects with regards to „Open Banking“ introduces the key technical concept of APIs and the degree of openness of APIs. The series is based on the Open Banking Information Paper “Understanding the business relevance of Open APIs and Open Banking for banks“, which Innopay developed in close cooperation with the EBA Association.

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Bringing facial recognition alive: how to guard against spoofing attacks?

  • Josje Fiolet
  • Digital identity

Facial recognition is an increasingly used biometric approach for identifying a person online. To become a secure system, liveness detection is needed that guards against spoofing attacks. This blogs shows an overview of available techniques and gives a first indication of its security and usability

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EBA RTS: Three key business implications for bank decision makers

  • Mounaim Cortet Vincent Jansen
  • PaymentsArticle

The European Banking Authority (EBA) published its long-anticipated Regulatory Technical Standards (RTS) on strong customer authentication and secure communication on 12 August. Core to the RTS is the development of adequate measures to address security challenges that emerge from enabling third party access to payment accounts for Payment Initiation and Account Information Services (‘XS2A’). In this blog Innopay’s PSD2 experts elaborate on three key RTS business implications for banks

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First-hand experience: developing a blockchain solution to reduce double financing risks in SME financing

In our previous blog, Friso Spinhoven and Douwe Lycklama discussed the demonstration of ‘track & trace’ of invoices statuses for improved risk management in factoring accounts receivables. This blog reports on the development of a blockchain registry to cope with double financing risks

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Healthcare transactions: can we treat patients like consumers or the other way around?

  • Josje Fiolet Maaike van der Meer
  • PaymentsArticle

In this blog it is argued that today’s financial stimuli in the healthcare world can’t have the desired effect on behaviour of patients, as they differ to much from the stimuli used in the consumer world

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PSD2: The digital transformation accelerator for banks

  • Mounaim Cortet Shikko Nijland Tom Rijks
  • ReportsPaymentsArticleAPIPSD2

In this paper - originally published in the Journal of Payments Strategy & Systems – Innopay’s innovation experts Mounaim Cortet, Tom Rijks and Shikko Nijland elaborate on four strategic options for European banks to react to PSD2.

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Interchange Fee Regulation as accelerator for European acquiring business?

  • Maurits Dewina Josje Fiolet Wouter van Schaik
  • PaymentsArticle

“Exploring the effect of the recent Interchange Fee Regulation for Acquirers. Is this the change that they have been waiting for?”

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Defending a bank against cyber-criminals

  • Vikas Munshi
  • PaymentsDigital identityArticle

This is the concluding part of three-part series exploring the rise and power of cyber-criminals; anatomy of cyber-attacks targeting banks; and defending a bank against cyber-criminals. Countering these threats requires banks to strengthen security, especially perimeter and access control. At the same time, financial regulators …

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