PayX Present at PayExpo Americas 2017

PayX were proud to be selected to be part of the UK delegation to join the FinTech mission to Mexico and participate at PayExpo Americas 2017. Here are some shots of our CEO Adrian Hausser and Senior Management Consultant Vince Power presenting at the event.

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PayX Selected to Join FinTech Mission to Mexico

PayX are delighted to be part of the UK delegation to join the FinTech mission to Mexico and participate at PayExpo Americas 2017. PayX were chosen by the British Embassy in Mexico-through the Department for International Trade as one of the top 5 FinTech companies

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Payments VALUE or HYPE – Real Opportunities vs Distractions

This article is intended for those pragmatically focused on growing mainstream sustainable payments businesses now. If you want to consider sexy or outside chance plays, then perhaps this is not for you.   This article lists what we see as the top key payments industry

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MPE 2017 perspectives of the European Card Acquiring in 2020

What are the key success factors in the world of digital acquiring and ongoing consolidation?   The card acquiring industry is undergoing huge changes on its way to reposition for the digital age. Banks, PSPs and monoline acquirers are working on their modern acquiring strategies

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Payments FinTech Bubble – Where next?

A key question affecting everyone in Payments, we look at opinions from both sides from market specialists. What we know for sure is that few FinTechs have hit it big, of course the golden question is, which are the lucky few doing what & who get to play and win?

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How Can Banks in Europe Prepare Themselves for PSD2?

This article talks about PSD2 regulations and how banks partner with FinTech.

PAYMENT FUTURES: To play or not to play, that is the question

PAYMENT FUTURES: What to do When   Is 2016 the year that all the promises of mass consumer adoption of new payment mechanisms finally occur? Or will it be another year of trials, debate, pilots and incumbents simply having one eye open for new, and

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PayX – Open APIs – New Value Propositions in Payments

At the Payments Knowledge Forum (PKF) in London, PayX delivered a powerful presentation – ‘Open APIs -New Value Propositions in Payments’.       This detailed and informative presentation covers: What is an API? How APIs can facilitate how you monetise your company assets How

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How PSD2 and GDPR may improve retail payments for all

There is much talk about Payment Service Directive 2 (PSD2) and the opportunities, threats and costs to meet this regulation.

Sourced through Scoop.it from: www.finextra.com

Berlin Group to publish single API standard for PSD2

The Berlin Group, a-European payments interoperability coalition of banks and payment processors, is pushing a single standard for API access to bank accounts to comply with new regulations on freeing up customer data under PSD2.

Sourced through Scoop.it from: www.finextra.com

PSD2 and Open Banking Global Market 2016 Analysis and Forecast to 2022 – satPRnews

The EU’s Directive on Payment Services 2 (PSD2) will accelerate the fragmentation of Europe’s retail banking industry following the global financial crisis.

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5 Roadblocks To Open APIs For EU Banks | BCW IT Blog

The European Commission’s revised Directive on Payment Services (PSD2) is expected to enhance consumer protection and convenience, improve the security of payment services and promote innovation and competition.

Sourced through Scoop.it from: www.businesscomputingworld.co.uk

The challenges banks are facing with Open Banking

Pairing technology and money is very common, we are used to hearing about the vast sums being pumped into Silicon Valley start-ups. What is less common is technology and ‘money’ working together. Challenger banks, such as Monzo, are aiming for this to be a reality, by making banking transparent and simple. The emergence of FinTech start-ups has drastically increased competition in the banking space.

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Tony Anderson: Future of money requires pause for thought

The Competition & Markets Authority has introduced a package of reforms aimed at ensuring retail bank customers benefit from technological advances, while new entrants and smaller providers can compete more fairly with the high-street giants.

Sourced through Scoop.it from: www.scotsman.com

White paper: GDPR – banks, breaches and billion euro fines » Banking Technology

Are financial institutions ready for the 72-hour notification challenge?

Sourced through Scoop.it from: www.bankingtech.com

Are Open APIs the Stairway to the New Payments Ecosystem?

The immediate impact of Open API technology on banking is evident in the use and business cases that seem to emerge on a daily basis.

Sourced through Scoop.it from: www.finextra.com

How should banks be reacting to PSD2?

The countdown has started. At the time of publication, it’ll be just over six months before banks are required to comply with the Second Payments Services Directive (PSD2). The directive requires that by January 2018, banks must grant third parties access to a treasure trove they’ve been sitting on for decades – their customers’ data, as well as payment infrastructure. The change is a bonanza for fintechs building disruptive apps and services, while from the banks’ perspective, this could be alarming – they’re about to lose their monopoly on customer information. But as bobsguide finds, PSD2 offers incumbents a wealth of opportunities, as long as they’re on board.

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How PSD2 is replacing the benefits of cards

The world is now immediate. We’re able to buy things online and have them delivered the same day (sometimes within an hour), our correspondence is sent and reacted to in seconds, and opinions and photos are shared before we can even decide whether it’s a good idea or not. In this instant, digital world, why is making payments still so cumbersome?

Sourced through Scoop.it from: www.bobsguide.com