Posts by Samia Singh
EBA and McKinsey issue joint white paper on future of banks in payments
The Euro Banking Association (EBA) and McKinsey & Company published a joint white paper on the future of banks in payments today at EBAday 2020. The paper seeks to prompt a constructive debate on the future of banks in European payments and to ultimately launch a call for action on industry change.
Read MoreSMART2 releases publications on fraud information field for instant payments and abuse potential of closed-loop cards
The SCT Inst Migration Action Round Table (SMART2), a forum facilitated by the Euro Banking Association (EBA), announced the release of two new publications on the detection and prevention of payment fraud. The paper on the fraud potential of gift cards seeks to raise awareness of the different abuse scenarios and help reduce fraud in…
Read MoreSMART2: Gift Cards – A Gift for Fraudsters?
SMART2 Note on Optional Fraud Information Field
Enhancing liquidity management with the support of advanced data analytics
Now is the time for banks to reinforce their trust role in the digital economy, says new Euro Banking Association report
The EBA Open Banking Working Group (OBWG) released a new report that explores how digital transformation and increasing openness impact both trust in the financial sector and the trust relationship with customers. Offering recommendations on what financial institutions can do to build and leverage their trust advantage now, the working group identifies points of action…
Read MoreDigital trust and the banking sector: towards a trust advantage in the digital economy
EBA Board Report 2019
Bank experts across Europe seek clarification on e-money definition and related fraud reporting requirements
Banks from nine EU countries have endorsed a note seeking clarification on the definition of e-money transactions and the related fraud reporting requirements issued by the European Banking Authority.
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