A major bank points to a $15 trillion potential wave crashing through financial services — will this be a bigger disaster than climate change or the opportunity of a lifetime for financial services? Will the IPO of a 183 year old bank on the London Stock exchange give a much…

Originally written by Pierre Wallemacq for The Banking Scene. Climate change, environmental degradation, social issues, and other ESG (Environmental, Social, and Governance) factors pose significant economic challenges. An increasing frequency and severity of extreme weather conditions (floods, hurricanes, wildfires) directly threaten businesses and communities, leading to economic losses. …

In parallel with a review of PSD2, the EPC (European Payments Council) started working on a scheme based on their lessons learned from PSD2 and open banking. They did so at the request of the Euro Retail Payments Board, a multi-stakeholder forum presided by the European Central Bank. That scheme…

We discussed the role of financial education in the path to a more sustainable finance industry last week, November 24th, 2022. …

On June 29, we held the last virtual round table before summer to evaluate the new publications of the European Commission (EC) for the payments industry. The publications on June 28 are fundamental in the future development of Europe’s thriving payments industry. After digesting PSD and PSD2, it is now…

Guest blog by Gregory Rogival, Dynafin Consulting, original post: The Banking Scene — Process Mining: Understand Your Business Like Never Before Introduction to Process Mining Organizations have always been focused on process improvements & automation to avoid mistakes, increase efficiency, reduce lead times and ultimately achieve higher customer satisfaction. In recent…

Holidays are all about taking a break and it seems Goldman Sachs is thinking about taking a break from their relationship with Apple. Will this be the end of their foray into consumer finance after losing more than $3 BILLION since 2020 on their experiment?

One of the biggest challenges for international financial institutions is to strike a balance between the desired economies for scale to improve efficiency and respecting local wishes and behaviours in building the best customer experience. …

Money 20/20 Europe is the yearly 3-day discovery of inspirational new ideas, meeting change-makers in the industry and discovering new companies that achieve real impact for the Fintech and Financial Services Industry. This year, I discovered that Episode Six is such a company. E6 is a global provider of enterprise-grade…