Qwist Blog: News and Insights
Beyond the checklist: Why the PSD3 transition is a business continuity challenge
The European payments landscape is about to undergo its most significant structural realignment since 2018. As the proposed Third Payment Services Directive (PSD3) inches closer to adoption, much of the industry discussion has centered on timelines, technical...
Secure business with the great unknown – how to effectively protect yourself and your customers from the risk of identity theft
Since time immemorial, business deals have been sealed with a handshake. In the digital age, this is simply not possible. Nevertheless, trust has always been the foundation of any business transaction. However, this trust is increasingly being undermined, as so-called...
A matter of 10 minutes: switching accounts in minutes instead of hours
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,...
Embedded Lending – Selling high-value goods online
The e-commerce market is booming and the segment of high-value goods such as cars, furniture or electronics in particular is currently growing rapidly. But many consumers cannot afford to simply pay cash for products in the price range of 5,000 to 50,000 euros. They...
Growth of Open Banking worldwide
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...
Cyber security for an Open Banking technology provider
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...
ndgit (now Qwist) receives award as Best Banking Platform 2020
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...
Managing Consent under PSD2
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...