INNOPAY introduces the INNOPAY Experience Lab

PSD2 and Open Banking strategies should go hand in hand and aim at being compliant while creating (or at least not blocking) growth potential for your business. However, a suboptimal PSD2 compliance strategy and implementation can result in the opposite by causing structural damage to your Open Banking potential and propositions. You have to get your initial approach and associated offerings right.

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Strategische Auswirkungen der Kundenkontrolle durch „Open Banking”

This blog forms the fifth in a series of blogs by Innopay Germany on “Open Banking: advancing customer-centricity”. The blog series will outline all relevant aspects with regards to „Advancing customer-centricity with Open Banking”.
This blog series is based on the Open Banking Information Paper “Open Banking: advancing customer-centricity “, which Innopay developed in close cooperation with the EBA Associations Open Banking Working Group.

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„Digital Identity”: Der dritte Schlüsselfaktor bei der Gestaltung der „User Experience” aus Sicht von Kundenkontrolle

This blog forms the fourth in a series of blogs by Innopay Germany on “Open Banking: advancing customer-centricity”. The blog series will outline all relevant aspects with regards to „Advancing customer-centricity with Open Banking”.
This blog series is based on the Open Banking Information Paper “Open Banking: advancing customer-centricity “, which Innopay developed in close cooperation with the EBA Associations Open Banking Working Group.

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„Open Banking” ist die Basis für Kundenkontrolle

This blog forms the third in a series of blogs by Innopay Germany on “Open Banking: advancing customer-centricity”. The blog series will outline all relevant aspects with regards to „Advancing customer-centricity with Open Banking”.
This blog series is based on the Open Banking Information Paper “Open Banking: advancing customer-centricity “, which Innopay developed in close cooperation with the EBA Associations Open Banking Working Group.

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Kundenkontrolle aus Sicht von „User Experience“ und „User Interface“ (UX/UI)

This blog forms the second in a series of blogs by Innopay Germany on “Open Banking: advancing customer-centricity”. The blog series will outline all relevant aspects with regards to „Advancing customer-centricity with Open Banking”.
This blog series is based on the Open Banking Information Paper “Open Banking: advancing customer-centricity “, which Innopay developed in close cooperation with the EBA Association Open Banking Working Group.

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Neue Wege der Kundenfokussierung durch Open Banking

This blog forms the first in a series of blogs by Innopay Germany on “Open Banking: advancing customer-centricity”. The blog series will outline all relevant aspects with regards to „Advancing customer-centricity with Open Banking”.
This blog series is based on the Open Banking Information Paper “Open Banking: advancing customer-centricity “, which Innopay developed in close cooperation with the EBA Associations Open Banking Working Group.

Read more...

Payment Services Directive 2: PSD2 sparks innovation in Open Banking ecosystems

  • Mounaim Cortet Nils Jung
  • PaymentsArticlePSD2English contentOpen Banking

With the legal framework that will enable “the practical implementation of third party access to account” (XS2A) as part of the revised Payment Services Directive (PSD2) almost finalised, Innopay's Mounaim Cortet and Nils Jung teamed up with Deutsche Bank to look at how the industry can leverage this opportunity to develop functional, operational and technical solutions.

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RTS on SCA & CSC: Unravelling EBA’s view on screen scraping

  • Mounaim Cortet Vincent Jansen
  • ArticleAPIPSD2English contentOpen BankingXS2ACommunication InterfaceScreen ScrapingRTS

Innopay’s PSD2 experts, Vincent Jansen (Partner) and Mounaim Cortet (Manager Strategy), recently shared their views on the RTS in a webinar which attracted broad industry attention. Several attendants of the webinar were interested to learn more about the RTS requirements regarding the communication interface and particularly on the future of “screen scraping”. In this article, Vincent and Mounaim further elaborate on the presented views regarding the communication interface and screen scraping for the purpose of third party provider (TPP) access to accounts (XS2A).

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Banks will lose when not changing their perspective on how to realise customer centricity

Becoming customer centric, means that traditional banks need to be in it for the long haul and go through a long, disrupting and often uncertain transformation. It is therefore imperative to balance long term spend with effective short term results. Therefore, contrary to conventional approaches, Innopay advises to start with establishing an activity-based view of the existing operating model to enable banks to deliver these short term results. This is the only way to face competition, deal with regulation and safeguard and sustain client relationships.

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GDPR can significantly limit the value potential of Account Information Services

  • Friso Spinhoven
  • PaymentsArticlePSD2GDPRAIS

The introduction of Account Information Services by PSD2 allows account holders to access information on their payment accounts through an AISP. But as the information can contain personal data, GDPR may significantly limit the value potential of Account Information Services.

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