Data use cases payment innovations payments transparency PSD3

Why transparency is vital to finding success in Open Banking

André Casterman

André Casterman explains how companies can ramp up transparency, boost fraud detection, facilitate financial management, ensure regulatory compliance and provide opportunities for more personalised experiences.

Discover the new article published in "Retail Banker International" on August 15th, 2023.

In conclusion, businesses must recognize the importance of responding to the updates to PSD3 by implementing data management solutions that can provide comprehensive insights on transactions. By prioritizing systems that collect, correlate, analyze, model, and report data sets, businesses can ensure compliance and support compliance professionals in the event of investigations. This will not only ramp up transparency and boost fraud detection but also facilitate financial management and regulatory compliance. Additionally, these solutions provide opportunities for more personalized experiences, enhancing customer satisfaction. To stay ahead in this ever-evolving landscape, businesses should engage further with the article published in "Retail Banker International" on August 15th, 2023, to gain a deeper understanding of the strategies and technologies required to navigate the changes brought about by PSD3.

André Casterman

Follow me on my website Follow me on LinkedIn Follow me on Twitter

André Casterman has established the marketing function of Intix as fractional CMO since February 2016, and supports the full-time CMO since early 2023. André also chairs the Fintech Committee of the International Trade and Forfaiting Association (ITFA) with a focus on helping banks automate trade finance and helping to establish it as an investable asset class through use of data analytics and artificial intelligence. Prior to his current role, André spent over 20 years with SWIFT, leading various technology innovations in inter-bank payments, corporate treasury, and trade finance. André acts as Board Director in fintechs active in trade financing and digital assets.