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Insurers across the globe are looking for ways to apply the use of data, products and services to enhance value creation in digital ecosystems. Although several front-running insurers are already making inroads with this, most insurers are lagging behind banks. That is one of the key findings from the INNOPAY Open Insurance Monitor. This ...
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To receive exclusive access to an extended Paper which expands on the ideas deve...
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In this blog, Josje Fiolet and Mounaim Cortet, Senior Managers at INNOPAY, discuss how banks need to update their ways of working to realise the commercial benefits of Open Banking. They provide an introduction to the six main challenges for banks and propose a targeted approach to help them improve their operating model in three key area...
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On 28 October, Der Bank Blog – a leading German online resource for the financia...
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Technological progress, the current COVID-19 pandemic and changes in customer be...
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When you are working on PSD2 opportunities, it is of the utmost importance to select the right API connectivity provider. Their technology capabilities can greatly assist you in launching a successful PSD2 proposition for your customers, while accelerating your development process and time to market. This blog helps you to apply the right...
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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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It is time for banks to reconsider their perspective on Open Banking. In this ne...
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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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Banks need to get their Open Banking strategy right. Our research indicates that...
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Keep an eye out for our upcoming blog on the latest INNOPAY Open Banking Monitor. We reflect on the status quo of the Open Banking landscape, discuss the new ‘Masters of Openness’ and explore what it takes to build, maintain and grow your Open Banking community.
The updated version of our Open Banking Monitor will cover:
1,500+ individu...
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