Hungary marches towards Instant Payments

Author: Aniruddha Maheshwari
Date: 17th January 2017

The end of 2016 witnessed an excellent step by the Hungarian Central Bank (MNB) – the release of the ‘Operational model of the instant payment service in Hungary’. It is remarkable for...

PSD2, RTS and SDC: confusion reigns

Author: Chris Kong
Date: 6th January 2017

Over the last couple of weeks the media agenda has been dominated by Payment Services Directive Two (PSD2), and unfortunately not for the right reasons. PSD2 has always been a controversial regulation,...

Push towards “less cash” society

Author: Nihar Bapna
Date: 11th November 2016

While the world was waiting with bated breath and crossed fingers for the outcome of the American Presidential race and Election Night events being organised around the world, on other side of...

PSD2 – Lessons From India

Author: Nihar Bapna
Date: 24th October 2016

While reading through the second payments service directive and trying to decipher the recently published RTS draft, I have been trying hard (without much success) not to draw parallels between the soon...

NextGen Banking: From Start to Finnish

Author: Chris Kong
Date: 14th October 2016

Icon’s Payments team have just returned from the FinExtra’s  NextGen Banking conference in Helsinki, Finland and thought we’d share some highlights from the event. To open the event, Erkki Poutiainen summed up...

PSD2 – Powered By Pixie Dust

Author: Tom Hay
Date: 13th October 2016

I was recently on a panel at NextGen Banking Nordics, discussing PSD2 (of course) where I was pretty critical of the draft Regulatory Technical Standards (RTS) on Secure Customer Authentication. After the discussion, a...