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News
INNOPAY Open Banking Monitor: Banks moving beyond the PSD2 requirements
Open Banking has seen considerable activity in the last few months. Indeed, with the EU’s compliance deadline for PSD2 looming, Open Banking developer portals have emerged in great numbers, with 300-plus banks now in our monitor. In the recent release of the INNOPAY Open Banking Monitor (OBM), updated in August 2019, we described the cur...
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Publication |
Blog
3 must-do actions for banks to achieve relevance in the data economy
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 in...
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Publication |
Blog
Why banks must become the data custodian in the data economy
The rising importance of digital identity, consent management and data sharing has created a ‘Blue Ocean’ market for banks. I 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 that they can p...
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