Open Banking is a powerful opportunity for both established banks and new fintech market entrants to develop and deliver impactful and empowering payments and financial services to consumers and businesses alike. It has been estimated that PSD2 has the potential to create a revenue opportunity of at least £7.2bn by 2022 across retail and small-business markets.
Parth Desai
Recent Posts
DAILY NEWS AT SIBOS
23 October 2018
For over twenty years, Pelican has pioneered the application of AI technology to enhance, streamline and secure the payments life-cycle and combat financial crime. We sit down with Founder and CEO Parth Desai to discuss the challenges facing banks today.
OPEN BANKING REPORT 2018
28 September 2018
Much has been written about the potential of Open Banking and the transformative impact this will have on Europe’s payment landscape.
FINANCIAL IT
1 June 2018
Europe has been leading payment innovation worldwide by use of common ISO standards and SEPA initiatives rolled out across the EU.
CEO TODAY
8 May 2018
The disruption caused by payments fraud, especially high value wire transfers, is well documented and widely reported, and demonstrates the increasing focus of highly sophisticated criminal entities on the global financial payments system.
GLOBAL BANKING & FINANCE REVIEW
30 April 2018
Surveying the lists of ‘key trend’ predictions for banking and payments at the start of each year often produces an interesting shopping basket of buzzwords – with some proving to have a rather shorter shelf-life than their exponents initially predicted.
PAYMENTS JOURNAL
23 March 2018
The practical application of Artificial Intelligence (AI) by banks and financial service providers will be a hot topic in 2018.
FINANCIAL IT
1 March 2017
In today’s environment of increased cyber-attacks and payments fraud, there is a temptation to focus on protecting global financial flows from the most recent fraud or hack.
FINEXTRA
1 March 2017
The almost unceasing reports of major cyber hacks should be incentive enough to ensure that financial institutions reassess existing fraud protection for their payments systems
GT NEWS
17 January 2017
The European Parliament’s (EP) revised Directive on Payment Services (PSD2), along with other initiatives such as the Open Banking Working Group (OBWG) and the increase in real-time payments, is set to change the face of banking.
