Wednesday June 3, 2020

Banking in the brave new world of constant change

Compared to even five years ago, the financial landscape has changed hugely. Traditional players such as banks must embrace new methods and comply with regulatory change, as well as existing compliance, writes Quinton O’Reilly

31st March, 2019
Stephen Magennis, sales director, Expleo Ireland

The proliferation of smartphones has allowed access-anywhere, any time banking to be a standard feature; the likes of Apple Pay and Google Pay have given another method of payment, and with the second Payment Services Directive (PSD2) coming into play later this year, it’s a time of great upheaval for the industry.

This upheaval is also a cause for excitement, not just for the consumer, but for the companies which are now looking...

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