Google India’s new mobile payments solution, Tez, provides European banks a sneak peek into what life will be like, post-PSD2.>> Read more
Challenging conventional wisdom –
one blog post at the time
It’s not always smooth-sailing delivering better banking. On the Auka blog we share our views, our experiences and our losses and victories as innovators in the world of financial services since 2010.
When MIF (multilateral interchange fees) regulation came into effect at the end of 2015, many banks were worried about it cutting an important source of revenue for them. PSD2 will only further reduce the amount banks can make from these fees.>> Read more
While traditional retail still holds onto its crown, we all know that eCommerce is still continuing its growth trajectory as the whole world moves further online. However, with accelerated digitisation the eCom industry might be caught by surprise as there is a new, yet fairly unknown player coming to a screen near you.>> Read more