European consumer lending is officially getting its biggest regulatory makeover in a generation. The revised CCD2 directive is repealing the outdated 2008 framework, updating the consumer credit market and placing it firmly into the modern digital economy. This change...
After many insightful discussions last week at Payments Tomorrow in Paris, one thing is clear: the European payment landscape is shifting, and the questions are getting harder. A common question that comes up is how the upcoming digital euro fits alongside the current...
The EU’s Consumer Credit Directive 2 (CCD2) is set to shake up business as usual; not just for the BNPL market, but for all European lenders. In recent years, European regulators have shown their teeth in doling out fines. In 2023, crypto and digital payment companies...
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...
Competition for customers in the financial sector is more intense than ever. Banks that make it difficult for new customers to switch accounts smoothly risk more than just disappointed prospects: without a professional account switching service, banks may lose...
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...
The banking market is on the move - hardly a day goes by without talk of takeovers or increasing competitive pressure due to the emergence of FinTechs. These new players offer innovative, digital financial services and thus fulfil modern customer needs for speed,...
According to analysts, we may expect a continued strong growth for the open banking market. Thus, the global open banking market size will reach $135.17b by 2030, meaning a CAGR of 26.9%. Drivers of the expansion are the rise of open APIs, an increased adoption of...
Safety first – a strategic approach to cyber security for an Open Banking technology provider: As a software development company for Open Banking cyber security is critical for us and our customers. Therefore, a strategic approach is mandatory to achieve the right...
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...