2020/2
Payments & Business Technology
Editorial
“Every form of payment has some risk associated with it”, Frank Abagnale once said, an infamous, former con artist who…
Who is entering the European payments landscape?
What was once an industry dominated by traditional financial sector players such as banks, payment institutions and card schemes, has…
Will BigTechs change the European payments market forever?
Ten years ago, the first BigTechs started to compete in the European payment market by leveraging their already established large…
Improved payment security implies innovation in authentication
Innovation in the online payment sector should go hand in hand with innovation in authentication. There is a battle against…
Transaction monitoring model validation
The bar for transaction monitoring by financial institutions has been raised during the past decade. Recently, several banks have been…
Outsourcing
Service providers of payment and account information services are required to obtain a license issued by De Nederlandsche Bank (hereafter…
PSD2 risks and IT controls to mitigate
With the introduction of the second Payment Service Directive (PSD2), some new IT risks evolved from the regulation which has…
The industry challenge towards ISO 20022 as a global payments standard
ISO 20022 will be the new exclusive standard for payments messages globally. Consensus is being reached about the definition of…