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The November issue of Technology Review, a publication of the German media company Heise Magazine, contains an interview with INNOPAY founder Douwe Lycklama about his views on the next phase of the digital era. In the article, titled ‘Does Europe need its own internet?’, Lycklama explains why he believes that Europe needs a new trusted i...
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Starting this November, INNOPAY is launching a monthly broadcast on ‘digital sustainability’ in conjunction with the online channel called ‘De Nieuwe Wereld’ (DNW). The broadcast fits well with INNOPAY’s mission to guide organisations worldwide to fully embrace the opportunities of the digital transactions era. “The aim of this series of...
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Blog
In today’s data economy in which everything has become a transaction, future relevance for banks is no longer based on payments alone. To help senior executives of banks to start leveraging their Open Banking capabilities in this context, we recommend three must-do actions to  holistically address the components of a digital trust infrast...
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Today we celebrate the first ‘birthday’ of the Regulatory Technical Standards (RTS) on Strong Customer Authentication (SCA). 14 September 2019 was the date that marked the go-live of key security requirements for third party access to payment accounts (XS2A). Since then, banks have been required to open up certain payment functionalities ...
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The rising importance of Open Banking, digital identity, consent management and data sharing has created a ‘Blue Ocean’ market for banks. We believe that they now have a unique opportunity to strengthen and truly safeguard their relevance in the data economy. But they need to start taking decisive action right now in order to demonstrate ...
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Douwe Lycklama, INNOPAY: After years of cash reduction in favour of commercial banks debt money, now central banks can regain some of their position once held in a cash society This article is originally published on the Paypers. There hasn’t been too much media around Central Bank Digital Currency (CBDC) plans/projects coming from the ...
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