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Monthly Archives: November 2021

Open banking more open in the UK

by Jaap Ringnalda on 30 November 2021 with No Comments

“FCA boosts Open Banking by removing 3-month re-authentication requirement” (Website Finextra, 30 november 2021). In the EU, the EBA is still investigating it, but in the UK the FCA seems to have already taken a decision to make open banking … Read More

Market developments

Crypto’s get it even harder

by Jaap Ringnalda on 24 November 2021 with No Comments

“India to ban private cryptocurrencies and launch official digital currency” (Website The Guardian, 24 november 2021). The crypto-industry is already having a hard time in the Netherlands, see also Simon Lelieveldt’s blog , but is nothing compared to what is … Read More

Crypto, Market developments

How environmentally damaging are payment products?

by Jaap Ringnalda on 15 November 2021 with No Comments

“COP26: Triodos targets net zero by 2035 – and encourages peers to follow suit” (Website Finextra, 2 November 2021). Triodos announces during the COP26 climate summit to be climate neutral by 2035. There are also card products on the market … Read More

Technology

Request-to-Pay 1.0 disappears after 40 years

by Jaap Ringnalda on 1 November 2021 with No Comments

“Acceptgiro stopt over anderhalf jaar” (Website Currence 1 November 2021). Payment systems are infrastructure, which is why a successful payment product can last 40 years. But in the end even the Acceptgiro, a very successful Request-to-Pay payment product, disappears. Although … Read More

Market developments
Recent posts
  • Bailout SVB actual paid by the public; again
  • More experience experts needed
  • After PSD2, how far did the Dutch banks open up in payments and beyond? What APIs are on the menu? A practical overview
  • McKinsey: Payments even after 17 years still loss making for Dutch banks
  • ECB; holy grail cross-border payments at ….. central banks
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  • Marchell on Open Banking open enough?
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