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Inside the Bank of APIs: NatWest and the Evolution of Open Banking

Open Banking Excellence

Our first reaction to observing this opportunity was to consider if and how we could persuade the regulator to push banks to make more APIs available. How can banks, fintechs, regulators and all players in the UK’s Open Banking ecosystem create the right commercial incentives for financial institutions to deliver Premium APIs?

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Mastercard, Pine Labs And The Global Buy Now, Pay Later Explosion

PYMNTS

A quick survey of the most recent edition of the PYMNTS Buy Now, Pay Later Tracker indicates that a genuine sea of change is rising when it comes to how merchants want to interact with their customers, and how consumers want to manage their transactions. It can literally now be point, click, use,” Khoja said.

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Merchants Gone Wild: The Surcharge Edition

PYMNTS

Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. is nothing new.

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EuroCommerce On Why Merchant, Consumer Awareness Is Critical To SCA

PYMNTS

Peter Robinson, payments advisor for European retail, wholesale and international trade association EuroCommerce , noted that these concerns are putting more pressure on card acquirers — the main party responsible for making sure merchants are ready for and informed about SCA and its incoming authentication and online transaction restrictions.

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EMV’s Slow Crawl Into Retail

PYMNTS

retailers are able to process chip-card transactions. retailers are able to process chip-card transactions. According to a survey by the same research group — taken shortly before the liability shift went into effect in the fall — only 27 percent were going to be ready to go with chip card processing as of Oct. They weren’t.

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Data Dive, Come Together Edition: Visa, Capital One, BB&T-SunTrust

PYMNTS

Some big new ones were announced, while one big old one continues to push, slowly, toward the finish line. Tokenization, via Visa Token Service , has been an existing feature of Visa’s card security efforts for almost five years. Visa Beefs up Tokenization With a Rambus Buy.

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Data Dive: Up-And-Down Edition

PYMNTS

The new version of bitcoin proposed by one large, powerful faction of users would theoretically be faster and trade more easily. 19), the price of bitcoin was just shy of $7,800 per coin, with experts predicting that hitting “$8,000 seems in the cards.” Bitcoin’s Wild Ride . As of the time of this story (Nov.

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