What's New in Payments

Google to work with European banks on PSD2 opportunities

Google says it is looking to partner with banks, not be their rival — The Irish Times — “Florence Diss, head of commerce partnerships for Google in Europe, the Middle East and Africa (EMEA), said the company is actively working with a number of banks to explore opportunities arising from the payments services directive 2 (PSD2)… Ms Diss’s comments come as Google joined with KBC Bank Ireland at Finovate to demonstrate the latter’s mobile app, which allows users to open a current account in less than five minutes using a selfie for identification purposes.”


KBC adds third-party services to its mobile banking app

KBC first to incorporate non-banking apps in mobile app — KBC Group — “Starting this summer, customers can use their mobile banking app directly to start a car parking session and pay via the 4411 parking service; check the balance on their meal and eco vouchers (Monizze card) and monitor payments made using the card… In the future, as well, we’ll be continuing to actively seek out partners that can help enhance our banking apps and applications and help increase added value for our customers.”













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