PSD2 was supposed to change the way we bank and pay – but has it really changed anything?

It's already two years into the execution and we are wondering: where are the fluent APIs, speedy transactions, and plethora of fintechs using the interfaces to incumbent banks? The position of BigTechs is emerging fast and there are gaps to fill in the open banking scene.
In this webinar, we will take a look at the Nordic and UK landscapes for open banking, possibilities for using banking as a service, and ponder on how BigTechs are taking leaps into the financial sector - discussing how banks should react to this disruption.

​​​In this episode, Sirpa Nordlund sits down for a fireside chat ​with two fantastic guest speakers from the industry: Kasper Sylvest, Head of Infrastructures and industry engagement at Danske Bank, and Xavier Herrero, Manager of Operations Groups & Development of Banking Services, CaixaBank.

McKinsey​* ha​s called it the next $20 billion market and the growth is staggering. Digital identity has obvious benefits and the business case has been proven many times over, yet many countries are lagging behind in digitising the financial sector. Why is that and what will this do to banks’ competitiveness over time? How can we break down the chicken & egg problem that exists in this market through smart use of availab​le technology combined with ecosystem thinking?

There are several obstacles to overcome in realising the business case of digital identity for the banks, but time is running out as both global technology players and the payment schemes are moving fast to capture this market. Losing the battle for digital identity can also mean losing the customer interface over time, so there is no time to lose.​​​​

In this webinar, digitisation expert, Thomas Voksø, and industry opinion leader, Sirpa Nordlund, discuss the importance of digital ID in banking today and the obstacles to overcome.

Presenters:

While payment services providers learn, improve and innovate, fraudsters are becoming more and more creative in their efforts to beat the system. How are you staying ahead of the curve?

Sune Gabelgård, Head of Digital Fraud, Intelligence & Research at Nets, together with Sinch Product Manager for RTC, Anders Lenman will share their wisdom on how to step up customer authentication while maintaining a positive customer experience.

Join us in our latest webinar as we discuss how banks and merchants can:

• Enjoy a more risk-based approach to fraud, focusing on fraud prevention rather than detection
• Use SCA to improve the shopping experience and keep abandonment rates low
• Combine data across the payments chain on a cross-border level to help fight fraud

As consumers move more to the digital world, the criminals follow. Digital crime today is highly organised and an overhanging threat to society. As an example, digital skimming is now so organised that it’s being sold as a service on the dark web, where criminals can buy personal data and tools to enable advanced types of crime.

During this live webinar, Sune Gabelgård from Nets will share insights on today’s threat landscape and shed light on what the future will bring in terms of payment fraud, such as more and larger data leaks, which will challenge the traditional problem solving – and how we should deal with the new reality in a post-PSD2 world.

Key highlights:
How fraud will change in the 2020’s and what actions banks and card issuers should take
What will happen with Fraud in respect to PSD2 and Strong Customer Authentication
What the use of new technology such as Machine Learning can do to prevent fraud