New group to help banks identify and evaluate strategic options as digital wallet ecosystem diversifies 28 February 2023 – Mobey Forum, the global industry association empowering banks to shape the future of digital financial services, has launched a Digital Wallet Expert Group to help financial institutions explore emerging wallet use-cases and assess their strategic options…
Last September, the European Union’s regulatory requirement for banks to open up their payment accounts via application programming interfaces (APIs) came into effect. Since then, open banking has taken centre stage within European retail banking and payments. In this blog, Elina Mattila, Executive Director at Mobey Forum, shares insight into how emerging consumer attitudes may…
Elina Mattila, Executive Director, Mobey Forum The disruption to conventional banking is being felt as much in Canada as in other parts of the world. Traditional Canadian players are starting to see the erosion of revenue streams such as overdraft charges, insufficient fund charges and interchange fees. They also face likely future competition from technology…
Ahead of the Canadian open banking panel discussion at Mobey Day Toronto, STACK’s Chief Product Officer Ranjit Sarai shares his thoughts on fintech perspective. What does open banking mean for the industry? Open banking is based on the concept that each individual should be the owner of her own data instead of the model…