9NG75YGTRC.jpg

Blog

Open Banking Worldwide: A World of Opportunity

A few months into new Open Banking legislation in Europe and the UK, we ask what the rest of the world are planning to do in that regard. Will they follow suit?

A slow start by all accounts across Europe, with only a small handful of banks going 'all-in' from the onset.

With increased data security measures - GDPR - coming into force imminently, and fewer risks on face value for banks, we are likely to see things pick up speed before too long. 

Have a look at what's happening around the globe!

 

Read More

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

Author: Aoife Crean - Content Manager on Mar 28, 2018

2 Months In to Open Banking: What’s Changed so far?

Oscar Sala, VP of Product Strategy at Strands, Member of the Board of Mobey Forum and co-chair of their Open Banking Working Group, has extensive experience in digital transformation in retail and corporate banking, contributing in particular to the transformation of several companies within Grupo Caixabank, where he was instrumental in the development of new digital banking services, and the application of Fintech methods to ‘disrupt’ the status quo of the financial sector.  

Oscar currently defines the product strategy at Strands, alongside the product management team, helping to consolidate the company as the Fintech partner for banks around the world.

Read More

Topics: open banking, banca, PSD2

Author: Aoife Crean - Content Manager on Mar 9, 2018

Open Banking: Balance de los primeros meses

Oscar Sala, VP de Product Strategy en Strands, Member of the Board de Mobey Forum y co-chair de su grupo de trabajo sobre Open Banking,  cuenta con una amplia experiencia en transformación digital de sectores como banca y retail, en particular contribuyó a la transformación de diferentes empresas del Grupo Caixabank , donde lideró el desarrollo de  nuevos servicios de banca digital y la aplicación del ámbito fintech para ‘romper’ con el estatus quo del sector financiero. Oscar actualmente es responsable de la estrategia de productos en Strands, ayudando a consolidar la empresa como partner fintech de los bancos alrededor del mundo.

Read More

Topics: open banking, banca, PSD2

Author: Aoife Crean - Content Manager on Feb 27, 2018

Open Banking & PSD2 Coming into Force: Here’s what’s ahead

With the official Open Banking kick-off date programmed for this weekend, it’s the topic of the moment.  What will change with it?  Is it safe to share customer data? How much information do banks need to give their customers?

Many banks have already missed the deadline, asking for extensions at the last minute, and what was originally set to be a full-steam-ahead approach to Open Banking looks now to be a more cautious, hesitant launch, on a considerably lower scale. So, come Saturday, what will change?

 

Read More

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

Author: Aoife Crean - Content Manager on Jan 12, 2018

Sensitive Matters: Data & Legislation - Part 1

 

Proper management of personal information has been a topic of discussion since the 1970s, leading to comprehensive information safety laws in over 80 countries and to the creation of public institutions dedicated to safeguarding privacy rights. In recent years, however, the rise of alternative finance or “FinTech” companies has disrupted this tightly guarded space, raising an entirely new set of concerns due to their occupation of a regulatory “grey area”.

So what kind of regulatory environment is needed specifically for FinTech, and what could it look like? Understanding the current regulatory situation makes for clearer perspective, not only to encourage consumer trust in FinTech, but also when it comes to influencing the direction policymakers take and what can be expected from the rise of FinTech in the coming years.

Read More

Topics: Big Data, PSD2, psd2 impact on banks, LEGISLATION

Author: Pablo Reyes, Software Engineer on Nov 14, 2017

What makes London the Fintech Capital of the World?

After completing my first 2 years at university, I jumped at the opportunity to work at one of Strand’s headquarters in Barcelona as part of their marketing team.

Since arriving, I have been made to feel extremely welcome by my colleagues, and in my first week alone, I felt like I had already learnt more than in 6 months of studying at university - and in particular about FinTech.

Read More

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

Author: Gabriel Moreno on Sep 22, 2017

Subscribe to Email Updates

Posts by Topic

see all

Recent Posts