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Blog
eIDs for KYC: no silver bullet yet, but golden potential
Opportunities for existing and new market players to bridge the gaps The ever-increasing regulatory burden is giving financial institutions a hard time these days. As part of their digital transformation, they strive to deliver customer friendly onboarding experiences. But they are also faced with increasing compliance costs, amongst oth...
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Blog
EBA RTS: Three key business implications for bank decision makers
The European Banking Authority’s (EBA) has published its long-anticipated draft Regulatory Technical Standards (RTS) on ‘strong customer authentication and secure communication’ on 12 August. The RTS are considered key to achieve the PSD2 objectives of enhancing consumer protection, promoting innovation through competition and improving t...
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Blog
Virtual Bank Accounts: more than a reconciliation tool
Virtual Bank Accounts are hot. They offer corporates the same advantages as extensive physical bank account structures, while eliminating the costs of opening and managing accounts. And they can help corporates bring back their number of physical bank accounts, at least theoretically, to one, centralised account, thus taking away the need...
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