Open Banking: Are consumers keeping an open mind?

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…

An ID-eal position: Banks and trusted digital identity

Jukka Yliuntinen, Vice President at Giesecke+Devrient Mobile Security and Co-Chair of Mobey Forum’s Digital ID Expert Group The rapid pace of digital transformation has left many industries scrambling to find secure, convenient ways of establishing identity for digital services. The identity ecosystem has become fragmented and complex, with too many stop-gap solutions creating and propagating…

Strategic roles for banks in open banking

The biggest challenge posed by open banking is not technological or regulatory, but organisational. Business models, commercial strategies and operational practices must evolve. Mobey Forum’s Open Banking Expert Group chairs discuss the various strategic position that banks can take in the in the post-PSD2 era. They identify the strategic roles for banks as Bank as…