These are the Real Benefits of Open Banking
Banks and financial institutions are now experiencing a seismic shift. There’s a significant transformation happening in the sector, which quickened three years ago when the Payment Service Directive 2 (PSD2) went into full effect in Europe. But also a challenging pandemic situation that we are all struggling with, which has profound implications for all the […]
How To Struggle Unwanted Messages And Calls?
We’re all exposed to a lot of unwanted calls or messages within a day. Although it is a business requirement for companies to send messages and search individuals to advertise, conduct marketing activities, there are solutions that we can legally apply to if this situation comes to undesirable levels. Commercial Electronic Messages Overview The first […]
4 Open Banking Use Cases Driving Digital Transformation
Open banking is changing completely the way we think about financial services. If you read this blog, you probably know that already, as it’s one of our favorite topics to research and inform you about, given the critical relevance for all the companies operating in the finance industry. 4 Open Banking Use Cases Driving Digital […]
Banks Can Be On The Winning Side Of The Open Banking APIs
How Can Banks Be On The Winning Side Of The PSD2 Revolution? Open Banking Application Programming Interfaces (APIs) can help banks do more than comply with the Payment Service Directive (PSD2). APIs can help banks evolve into the digital age. Banks can have immediate benefits from open banking APIs • Expanded Revenue Sources A 2016 […]
BRSA Has Been Issued Critical Regulation On Information Deemed Confidential
On the 25th of February 2020, confidentiality obligation related to customer secrets and bank secrets when conducting banking operations was added to Law No. 5411 Banking Law Article 73 under the heading of conserving confidential information. BRSA has been authorized to determine procedures and principles for sharing and transferring information deemed confidential with this addition. […]
Who Is DPO and What Are His/Her Rights
Although we often start to hear the term Data Protection Officer (DPO) with the General Data Protection Regulation (GDPR), which came into force on May 25, 2018, in the European Union, this term actually came into our lives via the European Parliament and the European Council Directive numbered 95/46/EC3 with some differences. Who is DPO […]