Showing posts from July, 2011

Beyond PSD2 for a Better Open Banking Expereince

PSD2 is acting as a catalyst in the digital transformation happening in the Banking industry. While meeting the compliance requirements of PSD2, financial institutes are excited to make use of the new business models and opportunities opened by this laid foundation. More the customers and partners we can reach, more the business activities and more the revenue. Making the banking functions more accessible and reactive will be a key enabler to provide a seamless experience to these parties, including internal banking staff whom directly affects the business efficiency.
IAM plays a critical role in improving business accessibility without compromising the system boundaries. PSD2 mandates strong customer authentication(SCA), setting the bar high for user authenticity, while keeping few exemptions, not to bother payment services user(PSU) with SCA for every little transactions. While adhering to this policy will make an institute PSD2 complaint, if they can react fast to the fraud rates…

MIT - AITI experience

How I got the chance to join I got the chance to join the MIT-AITI (which was Massachusetts Institute of Technology, African Internet Technology Initiative and now goes as Asian ) program while I was completing my internship period of 24 weeks. Thank to WSO2, where I was having my internship I could get a release to join the program for 6 weeks and I am writing this just after the 2 week of the AITI program. As I feel that I have used that time effectively, hope to keep a note on what I got. Today was a more challenging and interesting day and it will be worth to have a note on what I have done in the course so far. An overview on the course can be found in the given link.

Very first day At the very first day we were emphasized on the purpose of the course is not just to teach us mobile technologies, but also to make people use them as real applications. In brief we were at the beginning of becoming entrepreneurs initializing a company based on mobile applications. Honestly I felt whethe…