I had a chat with a friend the other day about Open Banking and they asked if I’d heard about 1033. 1033? Is that a PIN code for their cash? No. As it turns out, 1033 is the section of the USA’s Consumer Financial Protection Act that will introduce Open Banking to our American friends….…

I had a chat with a friend the other day about Open Banking and they asked if I’d heard about 1033. 1033? Is that a PIN code for their cash? No. As it turns out, 1033 is the section of the USA’s Consumer Financial Protection Act that will introduce Open Banking to our American friends….…

I had a chat with a friend the other day about Open Banking and they asked if I’d heard about 1033. 1033? Is that a PIN code for their cash? No. As it turns out, 1033 is the section of the USA’s Consumer Financial Protection Act that will introduce Open Banking to our American friends….…

I had a chat with a friend the other day about Open Banking and they asked if I’d heard about 1033. 1033? Is that a PIN code for their cash? No. As it turns out, 1033 is the section of the USA’s Consumer Financial Protection Act that will introduce Open Banking to our American friends….…

I had a chat with a friend the other day about Open Banking and they asked if I’d heard about 1033. 1033? Is that a PIN code for their cash? No. As it turns out, 1033 is the section of the USA’s Consumer Financial Protection Act that will introduce Open Banking to our American friends….…

Apple has announced new features for Apple Wallet and Apple Pay.  “We’re adding two new ways to pay with Apple Pay online, giving customers around the world the ability to redeem rewards and access installments from their banks and card providers,” Craig Federighi, senior vice president of software engineering, said during the tech giant’s World…

Ross Jones, global head of corporate payments at Barclays, will speak at Bank Automation Summit Europe 2024 about the instant payments landscape in the European Union.  The summit takes place Oct. 7-8 at the Hilton Frankfurt in Frankfurt, Germany, and brings together industry experts to discuss innovation in AI, banking automation and payments. View the…

As Revolut reports exceeding 40 million customers across Europe and Monzo raises $430 million at a $5 billion valuation, many people are thinking that the challengers are no longer challengers. They are banks. Putting it in context, in the UK, NatWest have 14 million retail customers; Monzo has over 9 million. The challenger has matured. Yet, when……

Financial institutions can look to financial operations strategies to manage costs when moving their operations to the cloud.  “We all know that financial institutions really operate on relatively thin margins, so having really strong governance, good controls, a good handle on your cloud costs is super important,” Donny Cross, vice president of strategy at scalable…

ING is running a generative AI-driven chatbot pilot in the Netherlands before it plans to scale the technology.  The pilot funnels only 2.5% of clients’ chats into its gen-AI chatbot, Chief Analytics Officer Bahadir Yilmaz told Bank Automation News at the recent Money2020 Europe event in Amsterdam. The queries sent to the chatbot are selected…