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Accenture Open Banking and Payment Innovation Report

Posted by GlobalRiskCommunity on February 11, 2020 at 12:30

Accenture have developed an exclusive report highlighting how open banking is driving new engagement focusing on the transition to instant payments
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THIS REPORT SUMMARISES:

Explore how open banking initiatives have rapidly increased transaction volumes of the Faster Payments Service with the development of new innovative payment journeys

Examine how open banking is becoming a global phenomenon with real-time payments market worldwide set to surge from $7 billion – $26 billion from 2018 to 2023

Explore where banks need to strengthen their overall framework to create new use cases and business models for interoperability with TPPs, identity authentication and API performance standards

Assess where banks are taking the lead in innovation to protect their market position, with Barclays’s Pingit and collaboration between OakNorth and ClearBank


The European payments landscape is rapidly transforming - learn how here
DOWNLOAD HERE

 

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