Security And Market Adoption Of Open Banking forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
In the coming months, European Payment Service Providers will enter a phase of crucial regulatory changes. It starts with CESOP which enters into force very soon. Building on its payments and compliance experience, LUXHUB’s mission is to provide flexible services that ensure their smooth compliance.
For those operating in the financial services sector, the regulators continue to pile on the pressure with a wave of new challenges in the pipeline to add to those already implemented. Institutions, already struggling with less than optimal legacy technology platforms, must begin to feel like they have become recipients of the proverbial (uninvited) gift that just keeps on giving (but not in a good way). A new, modern, open, integrated core system could be the one item on the wish-list this festive season that would change the narrative and transform the challenges into opportunities.