The Rise of Digital Identity Wallets: Will banks be left behind?
Download the report: This is a report by Mobey…
Download the report: This is a report by Mobey…
Relevance to the consumer is the challenge for banks in the post PSD2 era and partnerships hold the key, says Maikki Frisk, Executive Director, Mobey Forum When PSD2 comes into effect in 2018, the unprecedented regulatory upheaval will compel banks to explore new business models, commercial strategies and operational practices. In the open banking era,…
It’s that time of year when the key players from across the globe head to Las Vegas to discuss, debate and explore the future of money. As a global industry association dedicated to empowering banks and other financial institutions to lead in the future of digital financial services, Mobey Forum is proud to partner with…
Written by Mobey Forum’s Biometrics Working Group The required procedures for Know Your Customer (KYC) have finally broken free of branch-based face-to-face meetings, and now enable banks to use videoconferencing and biometrics to verify a customer’s identity remotely. This is a big deal; early implementation of new KYC processes can seriously enhance the mobile banking customer…
There’s no doubt that PSD2 is a big deal, but when considered alongside the terrific advances being made in open banking, Maikki Frisk, Executive Director, Mobey Forum, wonders whether the industry truly appreciates the extent of the changes that lie ahead. The most impactful element of PSD2 – that banks must open their customers’ accounts…