Contact us

To help us direct you question to the best team to provide an answer please select which option best descibes you.

  • I would like to speak to someone about setting up a new account
    Next
  • I'm an existing customer and need help with my account
    Next
  • I’m looking to integrate payments to my software platform or application
    Next
  • I’m a member of the media
    Next

Will SCA RTS deliver the Open Banking we need?

Oct 19, 2018

With implementation of the Regulatory Technical Standards on Strong Customer Authentication less than 12 months away, is there a clear vision of what an API-enabled future of payments looks like?

For months, and even years, in the run-up to January 13 2018, the date was circled in the diary of every bank and fintech in Europe. It marked the launch for one of the most seismic shifts in financial services for decades; the implementation of the Second Payment Services Directive (PSD2), the launchpad of Open Banking in the UK.

However, it is fair to say that some of the wind has been taken out of Open Banking’s sails. There is still an unshakeable belief in the payments community that PSD2 will have an incredibly significant impact eventually, but the reality is this will be achieved over time rather than in the immediate future.

In this whitepaper we look at:

  • How far the industry has adopted PSD2 to-date
  • Why we haven’t seen the launch of more Open Banking driven products
  • Whether current consumer perception of PSD2 might be affected by delays in delivering Open Banking-enabled products
  • What banks and fintechs can expect from Open Banking in the next 12 months

Download the report here.

Recommended Articles

Lost in Transaction 2022: 5 key findings from our latest research on consumer pa…

Jul 14, 2022 - How has the skyrocketing cost of living changed customers’ payment preferences? What are their expectations moving forward, and how do they fit with the payment trends we've been observing over the past few years? In April this year, we interviewed 11,000 consumers in 10 countries across Europe and the Americas to find out.

  • Chirag Patel, President, Digital Wallets
  • Six minutes
Read more

How has the skyrocketing cost of living changed customers’ payment preferences? What are their expectations moving forward, and how do they fit with the payment trends we've been observing over the past few years? In April this year, we interviewed 11,000 consumers in 10 countries across Europe and the Americas to find out.

Read more
Will direct bank transfers replace card payments online?

Sep 26, 2019 - Consumers now expect to be offered more options at the checkout than purely card payments. One alternative payment method that is set for even greater adoption in eCommerce is direct bank transfer.

  • Five minutes
Read more

Consumers now expect to be offered more options at the checkout than purely card payments. One alternative payment method that is set for even greater adoption in eCommerce is direct bank transfer.

Read more
Lost in Transaction Brazil: Consumer payments trends 2022

Aug 17, 2022 - With booming eCommerce, high smartphone adoption, and the Central Bank driving initiatives to promote financial inclusion, payment methods such as instant bank transfer Pix are seeing huge uptake.

  • Gustavo Ruiz Moya, CEO eCash, Latin America & Global Head of Open Banking
  • Five minutes
Read more

With booming eCommerce, high smartphone adoption, and the Central Bank driving initiatives to promote financial inclusion, payment methods such as instant bank transfer Pix are seeing huge uptake.

Read more