Axway Showcases How to Innovate Amid Open Banking Regulations at SIBOS 2016
Axway, (Euronext: AXW.PA), a market leader in digital business enablement, will share insights into how the financial sector can successfully capitalize on new digital interaction regulatory models at the Swift International Banking Operations Seminar (SIBOS), the world’s premier financial services event. SIBOS will take place at Geneva in Switzerland between 26 – 29 September, 2016.
Revisions to the Payment Services Directive (PSD2) in January 2016 give consumers and corporates the opportunity to make payments easier, less expensive, and more secure than ever before. It also provides access to bank accounts by third parties (XS2A). The UK Competition and Market Authority has imposed that Open Banking APIs as regulated in PSD2 are a remedy to ensure fair market competition. These are very impactful for Financial Services and the question is how they can draw any benefit?
During the Open Theater at SIBOS, Axway’s Bruno Cambounet, VP Bank and Financial Services Solutions, will share insights on:
- The perspective shift banks have been demonstrating in regards to open banking over the last two years
- The key challenges in complying with upcoming regulations
- How to leverage compliance for the benefit of new opportunities
Axway accelerates innovation in the digital banking sector by reducing time to market by 66 percent and reducing the costs of new digital channel creation by nearly 85 percent by using rapid mobile application development and API management. The company’s digital banking solutions are used by more than 300 key global banks and financial organizations.
WHAT: Comply to PSD2 and Other Open Banking Regulations or Leverage Compliance to Create New Business Opportunities?
WHEN: Wednesday, Sept 28 at 11:30 a.m. ET
WHO: Bruno Cambounet, VP Bank and Financial Services Solutions, Axway
Visit Axway booth #G77.
Follow Axway’s news on Twitter: @Axway #Sibos #DigitalBanking
Read Axway’s blog.
Axway (Euronext: AXW.PA) empowers more than 11,000 customers worldwide to collaborate smarter, innovate faster and engage better with their partners, developers and customers. From integration technology that securely connects people, processes and things to an engagement platform that enables API management, identity management, mobile app development and analytics, Axway solutions are enabling digital business. Axway is registered in France with headquarters in the United States. More information is available at: www.axway.com.
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Simon Jones, 415-856-5155
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