Blogging

Some of the effects of the pandemic on the banking sector are evident, while others are still unpredictable and [...]

"Coronavirus has impacted every continent on Earth - except for Antarctica - and its effects will be felt for [...]

Having a bank account is a privilege. Over 1.7 billion world citizens are excluded from the benefits and entitlements provided by access to a bank account. Almost two billion people have no access to affordable financial products addressing their specific needs.

I tend not to have too many preconceptions when visiting a country for the first time, but an invitation [...]

En nuestro camino emprendedor aprendimos muchas lecciones valiosas pero fundamentalmente un conocimiento más íntimo de los sistemas bancarios y el valor de la información articulan a diario.

Customer data is very much linked to recent phenomenons like the digital economy, the Internet and the way people use it; therefore it seems that some individuals, companies, policymakers, and societies are yet to understand its market dynamics (also due to a certain degree of market opacity and the lack of regulation).  

A trip through time from Mesopotamia, through the Roman Empire and all the way to our present world. A journey undertaken to understand why the model suggested by the Payments Service Directive 2 (PSD2) acts as a stepping stone to an integrated digital economy.

Kubernetes abstracts compute resources in a cleanly defined way. After all, most systems at their core ultimately bind to a port and send data across a binded port; It's unkind to reduce software solutions to this level, but that's the basic abstraction.

I just returned from Hong Kong where our Open Bank Project team helped organise a hackathon with HSBC teams.  The event was a great success, and brought students, entrepreneurs and bank employees together for a weekend of fintech innovation and software creation.

Setting priorities is no easy task, with compliance deadlines with PSD2, bank competitors launching their own offerings and new fintech startups entering the market ever faster. Many of the banks we met recently expressed a certain confusion over what to do next and how to win the Open Banking race.

The financial services industry is undergoing a revolution in how software solutions are manufactured and delivered to end customers. The services which we know as Open Banking enable individual customers and businesses to share their financial data with third parties.

As we are preparing for our 60th hackathon, I wanted to reflect on some of the things we’ve learned and to offer some key advice to participating startups on how to get the most out of these events. 

Together with the Australian Payments Council, which counts the country’s largest financial service providers among its members, our TESOBE team will host an hackathon event over a long weekend in two locations: Sydney and Melbourne. 

We are excited to share with you our annual report "Understanding APIs in Banking 2017" which will also be released at Money2020 Europe in Copenhagen (June 26-28).

Spreading the gospel of open banking has a nice thing about it: you get to travel the world, meet extremely smart fintech entrepreneurs and experience the future of banking first-hand.