The PSD2 is the revision of the first Payment Services Directive (PSD) that the European Commission adopted in 2007. It aims to regulate the activities of payment service providers and to create a harmonised framework across Europe. With this new regulation we expect an increase in the number of providers …
With the year coming to an end, 2018 will prove to be a period of change. In order to make sure you are ready for regulation & digital, we’ve created a special New-Year menu. Enjoy!
The revised Payments Services Directive (PSD2) goes into effect in Europe in January 2018, but few banks are ready. By law they will need to make customer data available in a secure manner, and eventually to give third-parties access to their customer’s accounts. But equally important to these compliance efforts …
The Government updated the Intellectual Property (IP) regime to comply with EU and international tax standards while preserving the country’s competitiveness. The new IP box Bill takes into account the “modified nexus” approach and, if enacted, will become effective in 2018. What stays the same? Eligible net income from qualifying …
Technology transforms the world and the financial sector. Digitalisation takes competition and innovation capacities to new levels. For those of you still hesitating on embracing the digital wave, here are five reasons to make the leap:
Almost a decade after the global financial crisis, financial institutions still have to cut costs to contain the low growth, low margin and highly-regulated environment. Outsourcing and offshoring have helped in the past, but they’re no longer enough. Businesses must now turn to technology and digitalisation to move forward.
Banking is at a crossroads, facing threats and opportunities from events like Brexit, as well as continued change from social and technological evolution. Disruption is no longer on the horizon; it’s on banks’ doorstep. Here are three reasons why a banking revolution is underway.
The rise of financial technology — FinTech, for short — is changing the way people and companies save, pay, borrow, and invest. New competitors often offer low-cost solutions that are simple to access and easy to use. In the process, they’re upending the status quo.
Banks, asset and wealth managers, as well as insurers are scrambling to find new revenue sources and ways to grow: organically, by introducing new services, through acquisitions, or by developing strategic partnerships.
Blockchain is one of the most exciting—and more misunderstood—emerging technologies. It essentially offers a decentralised ledger of all transactions across a network. When a transaction occurs, everyone on the network knows about it. It’s tamper-proof and virtually instantaneous. This has real disruptive implications for the financial industry, which today uses …
