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PSD2 open banking: The ticking timebomb for financial institutions

The overall idea behind PSD2 open banking is not new, Yodlee and others have for a while aggregate accounts, and they have done this...

Screen scraping argument hots up as EBA rejects PSD2 amendment

The bank Vs FinTech screen scraping argument just got worse as the EBA (European Banking Authority) rejected an amendment to the Payment Services Directive (PSD2) proposed by...

Could PSD2 implementation accidentally ruin the European FinTech market?

A group of influential European FinTech companies have come together as 56 companies and associations operating across all EU Member States and at a global...

The EBA is wrong about screen scraping — and it’s going...

On 23 February, the European Banking Authority (EBA) announced its intention to outlaw screen scraping in one of their Regulatory Technical Standards (RTS) complementing...

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Payment industry history with first AES DUKPT key management implementation

Verifone says it has implemented AES DUKPT with its end-to-end encryption solution, VeriShield Total Protect, its Engage family of payment devices, and Carbon 8 & 10. Co-designed by Verifone, AES DUKPT...
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