News & Insights

A whole year has passed since our previous update of the INNOPAY Open Banking Monitor, which means it is high time to take a new look at where the industry stands. This year’s update will cover the status quo of Open Banking globally, highlighting what steps banks have taken, which general trends can be identified, and whether these have ...

The latest edition of the INNOPAY Open Banking Monitor shows that existing players in the financial industry are stepping up their game and providing interesting Open Banking product propositions. Meanwhile, new banks are entering the arena. In response to the rising demand for open, embedded finance, financial institutions are increasin...

Over the past three decades, the European Union has steadily improved its framework to fight money laundering and terrorist financing (AML/CFT). So far, the EU’s action has focused on the prevention, investigation and prosecution of these harmful practices. This article elaborates on the potential effects of the EU’s legislative proposals...

In June 2021, the European Commission announced its plans for a framework for Digital Identity Wallets. Additionally, the concept of Self-Sovereign Identity (SSI) – a new way of thinking about digital identity – has emerged in the market over the past few years. This raises the following question: To what extent is the EU Digital Identity...

We are thrilled to publish a new update of the INNOPAY Open Banking Monitor (OBM)! Since our previous publication many things have changed, so the time has come to update the rankings and to take a closer look at some of the key developments. This sneak preview provides a snapshot of the efforts banks have made in expanding their API prod...