The fintech industry is about to experience one of the biggest changes in years through the provision of ‘API as a service’ as a result of PSD2. The law was created with the aim of harmonizing the European retail payments markets by enhancing consumer protection, promoting innovation and improving the security of payment services.
Spurred by Fintech innovation, the banking industry is evolving to an open-source model through Apis. Banks must embrace and lead this evolution to mantain and build customer relationships and avoid disintermediation.
Come to „PSD2. New Business Models” Fintech Banking Summit the NOCASH event dedicated to the second European Directive of Payment Services and new busines models, to meet our experts. They will talk about cutting edge technology and business strategies that can quide banks and other service payments providers to the PSD2 minefield.
Alon Shem-Tov – Executive Director – Business Development for EMEA at Personetics
Alon is a senior business executive with over fifteen years of financial services experience. He understands retail banking from the ground level up, being the founder and a leader of a retail team at Citi Group early on in his career, followed by a product manager role at Bank Hapoalim. Moving to the technology provider side, Alon served as a senior executive at Thomson Reuters and then as EMEA sales director at Earnix, a provider of integrated customer and pricing analytics software for financial services. Alon holds a B.A. in economics from The College of Management Academic Studies and an MBA from Tel Aviv University.
Alon will present at „PSD2. New Business Models” Fintech Banking Summit Personetic‘s cutting edge technology and business strategy and how they promote bank’s customer experience. Personetics is an Israeli based global Fintech leader. Personetics’ leading product is a Cognitive Banking & AI personal digital assistant for customers which provides alerts and actionable insights. Personetics’ Cognitive Banking applications provide personalized guidance, conversational self-service, and automated programs that help customers control their finances.
Niall Hogan – Head of Product at Touchtech Payments
Touchtech is a Visa and Mastercard certified authentication provider working with innovative banks online. With Touchtech’s Transaction Authentication Platform (TAP), bank customers no longer need to remember passwords, instead leveraging Biometric technology found on smartphones and other devices. „Touchtech is at the forefront of global banks’ digital transformation, which is revolutionising the convenience and security of managing your money.” Niall says.
Touchtech’s technology not only boosts user experience but also meets the requirements of the European Union’s revised Payments Services Directive (PSD2) while being cost efficient and easy to integrate.
Touchtech Payments Ltd. is a Dublin-based company specialising in online authentication for financial institutions which provides compliant solutions that can be used to authenticate just about anything, from online payments to loan agreements to banking logins.
In august, Touchtech Payments and the world’s most innovative mobile bank, the pan-European mobile bank N26, have launched a partnership for online payments authentication services. Touchtech will provide 3-D Secure services to N26 in partnership with Mastercard. The solution meets the European Union’s revised Payments Services Directive (PSD2) and will allow customers to securely shop online without extra hassle of remembering passwords.
Niall joined Touchtech from Microsoft and holds and MBA from University College Dublin.
The „PSD2. New Business Models” Fintech Banking Summit takes place on 28 & 29 of November at Romanian Banking Institute. in Bucharest. More details regarding speakers and tickets can be found on the web platform of the event, www.nocashevents.ro: „European payment landscape is changing. Be ready!”
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
