In the era of Open Banking, trust is based not only on cryptographic mechanisms. These include the secure transmission of data through encryption, the assurance of the integrity of transmitted information, authentication by means of digital signatures, and the...
Instant payment is not a trend of the future – it’s a comeback. Thousands of years ago, trade was simple and a “real-time thing”: goods for money, instantly, directly, without waiting. This principle of immediate payment is deeply rooted in our economic understanding....
Serbia has been an official EU candidate country since 2012. Situated in the heart of Southeast Europe, the country is actively investing in economic and technological development with a clear focus on EU integration—drawing increasing attention from international...
"Change with the times or the times will change you" How true this saying still is, and how dangerous it can be, especially in the IT sector, not to keep up with the times, is something we can repeatedly read about in the media: For example, who still remembers the...
The payment services industry faces significant change with the upcoming introduction of the Payment Services Directive 3 (PSD3). As the successor to PSD2, PSD3 will further drive the harmonisation of payment services within the EU, bringing both new challenges and...
The only constant is change – and so we are currently experiencing how the EU is modernising and supplementing existing regulations and launching new initiatives. Three projects are acting as the main drivers for the transformation of payment transactions within the...
In Part 1 of our short series, we discussed the need for standards, particularly in the world of finance and here with regard to interface technology, and presented the two most common concepts for their development, the regulatory and market-driven approach. In our...
Changing financial standards and the balancing act between state regulation and dynamic market development Part one: The Justification of existence of standards in the world of open banking and open finance In the modern financial world, which is characterised by...
At the International Business Magazine Awards, which were presented in April 2020, the ndgit API Platform was awarded as winner in the category “Best Banking Platform Germany 2020”. The aim of the award series is to recognize the best achievements of emerging...
Ensuring seamless consent management is a cornerstone of PSD2 implementation. Here, Oliver Dlugosch, CEO of ndgit (now Qwist), explains how dedicated APIs can help banks reduce complexity and make processes smoother. PSD2 is driving a myriad of new service...