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In this episode

Is PSD2 an opportunity or a headache for banks? FinTech Insider News guest Ben Robinson says we’re still underestimating the magnitude of what the regulators are asking banks to do, “which is basically to put their inventory online. Asking banks to give up their transactional data is like asking Google to give up its metadata.  You can see why banks wouldn’t want to.”

Also in the news, Monzo’s crowdfunding (and outage); our new favorite rap song; and Orange is the new bank.

Guests

Christopher Burniske, Blockchain Products Lead at ARK INVEST
Ben Robinson, Chief Strategy and Marketing Officer at Temenos

News this week

Finextra – EBA to relax controversial PSD2 authentication rules – Link 

Finextra – Brits warm to mobile tap and pay – Link

Finextra – Singapore commuters can now tap-and-pay for their fares with Mastercard – Link

JP Morgan, Intel, Microsoft join Ethereum Blockchain Alliance Link

11FS – 11 things your CIO needs to know about blockchain today – Link

 FT – Top bank executives required to vouch for cyber attack defenses – Link 

 Level39 – Yielders makes history: The first UK Shariah compliant Fintech company based at Level39 – Link

The Register – Telco Orange to open bank next month – Link

Finextra – Monzo blows past £2.5 million crowdfunding target – Link

Atlanta Constitution Journal – Rapper’s money saving advice goes viral – Link

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The post Ep221 – Orange is the New Bank appeared first on 11:FS.

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