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FinTech Pulse

Open Banking: Open for Business or Closed to Progress?

The future of banking is indisputably Open Banking. Open in all senses of the word: transparency, ease of access to information and a place at the table for new market players.


Open for everyone, without exception.

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Topics: online banking, digital banking, open banking, PSD2, psd2 impact on banks

Author: Pau Velando, General Manager on Sep 12, 2017

When will banking data drive customer success?

The exponential growth of technology is the paradigm that was described by Moore’s Law years ago and is characteristic of the present evolutionary process in technology. How fast this technology becomes reality is difficult to quantify, but a first discussion point may be the business context in which innovation will become preeminent. The banking industry is ripe for disruptive innovation, but it is a fact that there is a gap between the latest financial technology developments and the reality that banking customers are faced with.

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Topics: FinTech, account aggregation, open banking, PSD2, aggregation

Author: Estefania Gual on Nov 15, 2016

Aggregate Or Die? The Reality Facing Banks

“Should we display the information of current clients on other banks on our online services?

If we know our customers better using data we can gather regarding their positions in other banks, we will surely be able to offer more competitive financial services. But, if we aggregate other banks’ clients’ information, we would have to allow third parties  to aggregate our own clients. Would this mean a loss of custom and put our current business model at risk?

What should our strategy be? Should we be “First Movers” or followers? And what will the PSD2 regulation force us to do?”

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Topics: FinTech, account aggregation, open banking, PSD2, aggregation

Author: Oscar Sala on Nov 10, 2016

PSD2: Threat or opportunity for banks?

The FinTech world is buzzing about PSD2. Should banks be worried?

European banks are finally realizing the magnitude of the revised Directive on Payment Services (PSD2), which will force them to provide account information to third parties via Application Programming Interfaces (APIs) that cut out transaction intermediaries.

PSD2 aims to:

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Topics: Digital Transformation, API, account aggregation, payments, open banking, PSD2

Author: Albert Morales, Product Manager on Apr 28, 2016

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