The Payment Services Directive: why our big banks need to learn to share

City of London

Banks need to take a deep breath as the Payment Services Directive pushes them to share their precious customer information

Brexit will not stop new EU banking regulations

Brexit and EU banking regulation

The European Union’s Revised Payment Services Directive or PSD2, due to be implemented in 2018, is touted as the answer to all our banking ills, shifting power into the hands of consumers. Here are five ways it will affect our lives 

Getting personal with customers is the future of financial services

Customers taking out cash from cash machines

Online banks, awash with data from their customers’ smartphones, are leading the way in personalising financial services

Five lessons banks can learn from disrupted industries

Traditional banking is being shaken up by online disruptors, but there are also lessons to be learnt from successes in other sectors

Bridging the gap between big banks and challengers

Financial services illustration

The scale and speed of the digital revolution has left major players in the financial services sector struggling to keep up

Upcoming EU directive to open up banking

The second payment services directive (PSD2) was approved by the European Parliament in October 2015 and will apply to the UK during Brexit negotiations

A European Union directive, aimed at improving customer service, is set to open up banking by making data held by banks available to third-party companies

The benefits of greenfield technology in banking explained

Greenfield technology

Established financial organisations can often be disadvantaged by outdated legacy systems and need to start afresh with so-called greenfield technology

Smart machines spot fraud and assess risks in banking

Financial services risks

With innovation increasing almost daily, regulatory technology is aiding organisations to tackle complex compliance issues, manage risk and also bust fraud