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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Dutch interbank digital identity service announced

  • Gijs Burgers Vincent Jansen
  • Digital identityArticle

The Dutch banks have announced to start pilots with an interbank identification service which makes it possible for consumers to identify themselves online with governments but also webmerchants. This new service could further streamline onboarding processes and save costs while consumers are fully in control who they share credentials with.

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Banking and bananas – a comparative study

  • Gys Hough
  • ArticlePayments

The introduction of innovative technologies to the financial sector is forcing banks into the role of financial utilities provider. Funnily enough, it is the very same technologies that offer the possibility to maintain the client relationship through a more diversified product portfolio.

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EPC paper clarifies the use of electronic mandate solutions

  • Lex Franken Vincent Jansen
  • PaymentsArticle

Lex Franken and Vincent Jansen provide an overview of the EPC’s clarification paper on the use of electronic mandates, and specifically how the clarification relates to current e- mandate initiatives within the EU.

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A €6 billion interchange cap, will there be a payment scheme as we know it?

  • Maurits Dewina Josje Fiolet Wouter van Schaik
  • PaymentsArticle

As of December the European interchange fees are capped. What will this mean for issuers, acquirers, merchants and consumers? Before we dive into the strategic imperatives we will explain what interchange is and how the regulation affects the payment scheme as we know it.

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Fintech is unbundling the universal banking model: three strategic questions to answer

  • Mounaim Cortet Douwe Lycklama
  • PaymentsArticle

Banking execs are very much aware of the 'fintech disruption’ that is causing an unbundling of the universal banking model. However, truly understanding the implications of such disruption is a difficult task. In this blog we elaborate on the value chain dynamics and resulting strategic questions to address.

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