The future of payments is here and it is in India

  • Douwe Lycklama
  • PaymentsArticle

This blogs elaborates on a new chapter in Indian payments, that we all should definitely follow. There are probably a lot of lessons to be learned for all of us.

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What does the future retail city centre look like?

  • Josje Fiolet Shikko Nijland
  • Reports

In this paper four future scenarios of consumer shopping behaviour and its implications on the city centre are presented.

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Planet of the APIs: it’s not about doing new things, but doing things in a new way.

  • Shikko Nijland
  • PaymentsArticle

This blog contains a short summary of the results of the panel discussion that I moderated at Money2020 in Copenhagen on 4 april 2016.

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Strengthening the working capital position of SMEs through ‘track and trace’ of invoices - invitation to participate

  • Douwe Lycklama Friso Spinhoven
  • ReportsE-Business

The electronic exchange of the status of invoices can contribute to optimising working capital positions. At the same time, it can enhance finance-ability by enabling financiers to make their operational processes more efficient and to better manage their risks. This concept was recently explored by the Supply Chain Finance Community, the Fraunhofer Institute, and Innopay by means of a proof of concept in the Netherlands. We are now looking to perform more PoCs in several other European countries, while extending the Dutch PoC. There is still room for interested parties to participate!

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Banks taking liability for XS2A transactions: ‘Just because a TPP says so?’

  • Mounaim Cortet Vincent Jansen
  • PaymentsArticle

Innopay’s PSD2 experts elaborate on how, in a post-PSD2 era, ASPSPs are to make informed authorisation decisions for a specific payment (or account information) request received from a TPP. The authors argue that the EBA has an important role to play in this regard, by specifying consumer protection measures and guarantees (also protecting the ASPSP!), similar to other common payment practices (e.g. SDD scheme).

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360-degrees fraud management: Securing the customer journey

  • Hugo Löwinger
  • Digital identityPress Coverage

We know that at some point we will be confronted with fraud, we just don’t know exactly when and in which form. We are in a constant balancing act between customer convenience, fraud control and cost containment.

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New Year's Movie: how our forefathers dealt with today’s payment challenges

Have you ever wondered how instant payments worked in the 1920s? How people used their bank for identification purposes? Or how they tracked and traced their invoices? Towards the end of another exciting year in Payments, Digital Identity and E-Business, Innopay sheds light on the solutions of our forefathers. Enjoy this action-packed work of art, and have a wonderful Christmas and a great 2016!

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PSD2 XS2A: What you need to know about the Discussion Paper of the European Banking Authority

  • Mounaim Cortet Vincent Jansen
  • PaymentsArticle

The European Banking Authority (EBA) has the challenging task to develop Regulatory Technical Standards (RTS) on strong customer authentication and secure communication. Core to the RTS will be 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 will frame the XS2A security challenge and highlight some of the challenges the EBA might encounter during the RTS development process.

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PSD2: No more time to lose for banks

Shikko Nijland (Innopay) and Kevin Voges (Afas Personal) elaborate on the impact of PSD2 and Access to the Account on banks and the opportunities that arise from them. They come to the conclusion that PSD2 is not just a matter of compliance, but a strategic issue with enormous impact on the banks' operating model.

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What consumers want: strategic options for card issuers in light of MIF regulation

  • Maurits Dewina Josje Fiolet Wouter van Schaik
  • PaymentsArticle

In our previous blog we described the upcoming MIF regulation. In this blog we explore the impact of the MIF regulation further from a consumer perspective and formulate strategic options for issuers.

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