Tag: regulation

PSD2 regulation is a catalyst for innovation, says Deutsche Bank in Banking Technology

PSD2 comes into force on 13 January 2018. It aims to open up the European payments market to greater competition and transparency, but Christian Schaefer, global head of payments, cash management, Deutsche Bank, believes its effect will be more far-reaching. Writing for Banking Technology magazine, Schaefer suggests it is no exaggeration to say that the result will …

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Falcon’s Emma Clark discusses Australia’s non-bank lending boom in Financier Worldwide

Despite credit growth returning to Australia since the global financial crisis, long-term factors, such as the consolidation of banks and Basel III’s risk-weighted capital framework, continue to pose barriers for businesses looking to access funding. Certainly, Australia’s oligopoly of banks has been well-documented. According to EY, almost 90 percent of corporate funding in the country …

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How Deutsche Bank is forging a path to PSD2 compliance – bobsguide reports

Are you PSD2-Ready?, a new whitepaper published by Deutsche Bank, outlines a number of challenges for banks tasked with becoming PSD2-compliant. bobsguide sat down with Christian Schaefer, Global Head of Payments, Cash Management, Deutsche Bank, to discuss the report’s key findings. Read the full article here.  

Do not place PSD2 on the back burner, says Deutsche Bank in FTSE Global Markets

On January 13th, 2018, the new European Directive on Payment Services in the Internal Market (PSD2) comes into effect, marking the next stage of the European payments market’s transformation. Christian Schaefer, global head of payments, Cash Management, Deutsche Bank, explains the implementation hurdles and opportunities in an article for FTSE Global Markets magazine – and …

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Deutsche Bank discusses a new age in payments in Finextra

It will be regulation-led, but make no mistake: 13th January 2018 will see the start of a deep-rooted and long-term transformation of the European payments market. This is when PSD2, the new European Directive on Payment Services in the Internal Market, comes into force. While this prospect initially caused concern to some in traditional financial …

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BNY Mellon’s Daniel Verbruggen joins the debate on the future of transaction banking in FX-MM

From managing the demands of regulatory compliance, to navigating the opportunities and threats presented by financial technology, it takes a lot to thrive in the fast-changing transaction banking sector. FX-MM asks BNY Mellon’s Daniel Verbruggen, Head of Relationship Management Europe, Treasury Services, his thoughts on how blockchain and real-time payments hold the potential to forever …

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FX-MM uncovers how Polish banks are adapting to increasing regulation and new technological developments at BNY Mellon-hosted roundtable

The financial landscape continues to evolve at a rapid rate. Following a BNY Mellon-hosted roundtable, FX-MM reports how a number of Polish banks are adapting to increasing regulation, new emerging technologies, as well as a growing number of non-bank actors. Participants include Monika Aminiova, Cash Management Business Development Manager, Treasury Services EMEA, BNY Mellon, who explains that …

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BNY Mellon’s Daniel Verbruggen speaks to EMEA Finance on the value of local-global bank partnerships

A growth in regulatory requirements and in the cost of compliance, have had a massive impact on the traditional correspondent banking model, with many global banks now reconsidering their relationships with regional and local banks from a compliance, credit and operational risk perspective. However in an interview with EMEA Finance, Daniel Verbruggen, managing director, head of …

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Deutsche Bank’s Christian Schaefer discusses requirements ahead of PSD2’s effective date with Euromoney

  The second “European Directive on Payment Services in the Internal Market”, commonly referred to as PSD2, offers ample opportunities for Third Party Providers (TPPs) to innovate the traditional banking sphere – by bringing them under greater regulatory scrutiny. Interviewed by Euromoney, Christian Schaefer, Deutsche Bank’s Head of Payments, Cash Management Corporates, outlines TPP’s requirements …

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BNY Mellon’s Daniela Eder features in bobsguide PSD2 article on banks and PSD2

  In January 2018, all banks will have to be compliant with new PSD2 regulations. Daniela Eder, Cash Management Business Development Manager, Treasury Services, BNY Mellon, discusses the changes taking place and positive impact that PSD2 could have on the banking landscape. In the bobsguide piece, Eder is quoted as describing two factors that banks …

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