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…

Worth of Bitcoins

Bitcoins seems to be an interesting subject and is been taking the hype recently.

If we look at the value of a Bitcoin over the range of years, at 2015 it was worth $250 and now it is going beyond value of $2500 at the moment. This is capable of attracting more people towards it. We will proceed with more posts to understand Bitcoins, how to use it and any useful information for anyone interested in moving forward with Bitcoins, which I think is the currency of the future.

Following captured from coinbase.com on 8th June 2017 shows the value deviation of bitcoin from it's very start.



Source : https://www.coinbase.com

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