PSD2 and Open Banking – Retailers to win vs Banks!

PSD2 and Open Banking – Retailers to win vs Banks!

PSD2 went live last year with much fanfare but little noticeable change.  It is worth remembering the Silicon Valley adage “People overestimate the change over 2 years and underestimate the change over 10 years”.  We at HBW believe Open Banking and PSD2 API’s will...
APIs – An introduction for non-technologists

APIs – An introduction for non-technologists

OverviewThink of API’s as;Doorways where what goes in and out of the ‘doorway’ is very, very predictable and widely publicised, andDoorways which are open to anyone with the right key, andWhich come in “pairs” like doors at either end of a windowless corridor.In the...
CDFIs as an Alternative to Payday Lenders

CDFIs as an Alternative to Payday Lenders

Community Development Financial Institutions (CDFIs) have in recent years gained prominence as a source of credit to the financially excluded (i.e. people not able to access credit from mainstream banks). In addition to credit, they also provide financial advice to...
What is Trading and what is so wrong with it?‏

What is Trading and what is so wrong with it?‏

The evolution of InterBank Markets Banks, like all businesses, exist to make money. Originally, they used to earn this money by using the interest margin between the taking in of deposits, and the lending out of cash. By taking deposits from the general public, in the...