Innopay

Mounaim Cortet, Vice-President of INNOPAY, will be speaking at Mobey Forum’s Amsterdam Member Meeting, hosted by ING, on 19-20 November. The event will focus on key themes such as API monetisation, the EU’s Financial Data Access (FiDA) regulation, Embedded Finance and more. Mounaim will share his insights on the strategic implications of FiDA, the challenges and considerations regarding FiDA schemes, and the strategic responses and opportunities for FIs. He will be joining an impressive lineup of speakers, including: - Katleen Van Gheel, Global Head of Innovation, ING - Hetal Popat, Director of Open Banking, HSBC - Joris Hensen, Founder and Co-Lead, Deutsche Bank API Programme - Vjekoslav Bonic, Head of Digital Channels & AI, Raiffeisen Bank International AG - Gijs ter Horst, COO, Ximedes Patrick Langeveld, Open Banking Expert, ING This event is open exclusively to Mobey Forum members, who include industry leaders, fintech professionals and Open Banking experts. If you’re a Mobey Forum member, don’t miss this opportunity to hear from the top voices in the industry. Register now in the Mobey Forum’s Online Member Community to secure your spot > https://lnkd.in/edJe85bu #FiDA #OpenBanking #EmbeddedFinance

Digital sustainability focuses on building trust, data sovereignty, and robust cybersecurity in the digital landscape. Experts Deborah O'Neill FBCS’ and Mariane ter Veen highlight the urgency of transitioning to sustainable digital practices, advocating for secure and trusted data ecosystems that allow individuals and organizations to maintain control over their data. The experts call on business leaders to prioritise digital sustainability as a key component of their business strategies, aiming to establish a new standard for safe, secure, and equitable data sharing, ultimately paving the way for a more sustainable digital future. Read here their five pillars of digital sustainability in business strategy > https://lnkd.in/ezwnkq9h #DigitalSustainability #Digital #Data 

The digital era is characterised by the overwhelming use of data – with huge benefits, but also potentially catastrophic side-effects when people and business cannot control the use of their data. This 'data pollution' poses a significant threat to the sustainability of the digital world. If we don't act fast, it will severely damage public trust in how data is shared and managed. And this will negatively impact new business opportunities. It is time for every organisation to take steps towards creating a sustainable digital future. This means helping to shape a data environment in which clients, suppliers and employees can access and control their own data, and in which the value from data is not only maximised, but also shared out fairly. So don’t delay; act today! People and organisations currently have little to no control over the data they create, because regulations such as GDPR gave them rights but no tools. This is a growing problem, because the awareness of this lack of real control is increasing and public trust is declining as a consequence The risk is real. Growing mistrust in digital services make it harder for businesses to capitalise on the benefits of the data economy. This will reduce their competitive edge, resulting in less relevance, fewer customers and diminished long-term business success. This era calls upon business leaders for giving the means for data control to stakeholders, leading to ‘soft’ infrastructures for sharing and managing data. Just as 'hard’ infrastructures such as roads and railways were constructed by visionary individuals a century ago, a similar path is now needed for trusted data management and exchange. So, business leaders – it is time for you to seize this opportunity! Whether you are in retail, manufacturing, financial services, put your own trust circles in place by giving your suppliers, customers, vendors and employees control over their data… and then by offering those who provide you with access to their data a fair share of the benefits. This will boost your commercial success based on a more balanced and sustainable relationship with your stakeholders. Together, we can build a better digital society in which people and organisations are in control of their data, and in which the 'data benefit balance' is realigned more fairly. This will create a solid and sustainable foundation for the next growth cycle of the digital economy. #DigitalSustainability #DataSovereignty #TrustInData

Navigating the data economy: key considerations for decision-makers in banking The Journal of Payments Strategy and Systems (JPSS) recently published an article by INNOPAY exploring the opportunities arising from FiDA, eIDAS2 and Data Act(s). The article outlines key strategic considerations and essential next steps for banks navigating the data economy. We’ve summarised five key points from the article underlining why banks need to start preparing for tomorrow: 1. The introduction of PSD2 and Open Banking has reshaped the financial landscape, unlocking innovative use cases and driving technological advancements through API technology.  2. This has allowed third parties to build innovative services on top of existing banking infrastructure, increasing competition in specific financial products and client segments, while banks bear the costs of opening their infrastructure. 3. In essence, banks are no longer the sole manufacturers and distributors of payments and other financial products, driving increasing disintermediation of banks’ customer relationships. 4. New regulatory frameworks such as PSR, FiDA and eIDAS will further drive disintermediation by expanding access to (banking) data infrastructures. 5. The key question for banks is whether new regulatory reforms will encourage them to pursue opportunities beyond compliance and position data access as a greater driver of incremental revenue growth than seen with PSD2 and Open Banking. Now is the time for banks to prepare for the forthcoming regulations to remain relevant for customers. So what should decision-makers do next to help shape the future of banking in the data economy? Read the article for more detailed insights on opportunities arising from FiDA, eIDAS and Data Acts, providing key strategic considerations for banks to navigate data economy > https://lnkd.in/evGXrvfg #FiDA #OpenBanking #OpenFinance Pepijn Groen | Mounaim Cortet

Last week, INNOPAY attended the annual European Women Payments Network (EWPN) conference, hosted at the Mollie office in Amsterdam. Our team took away some key insights from this inspiring event: 1. Multi-location approach: This year, the event was hosted across four different locations in Europe and the UK, allowing for more localised and efficient discussions on pressing industry topics. 2. VC funding for women: A panel on venture capital funding highlighted the persistent gender gap in investment, with a recent report projecting it could take up to 135 years to bridge this gap. Financial inclusion isn't just an ambition—it’s a responsibility for the payments industry and beyond. 3. Live podcast on innovation: A live recording Rabobank featured a discussion led by Dirkjan Hupkes, interviewing Lieke Hölscher about the innovations in transaction monitoring. The takeaway? Diversity drives success — building inclusive teams is key to pushing our industry forward. 4. Bridging the AI Gap in Fintech: The final panel explored the widespread adoption of AI in the fintech space, including the exciting experiments with GenAI. Representatives from the DNB shared their openness to AI initiatives, while emphasizing the need to balance innovation with the evolving AI act. A huge thank you to the amazing women at EWPN for organising such a fantastic event, and to the insightful moderators: Ceren Danis, Arlette Broex, Liesl McKay and Dirkjan Hupkes. #WomenInPayments #Diversity #Payments Beau Schellekens l Frederiek van der Molen l Linda Geux l Mariane ter Veen l Martine Nau

A memorable evening of reconnection and collaboration! Earlier this month, our Amsterdam office had the pleasure of welcoming back INNOPAY alumni for a special gathering, made even more meaningful by joining forces with our colleagues from Oliver Wyman and their alumni for the first time. Vincent Jansen, Vice-President at INNOPAY, and Coen de Vuijst, Managing Partner Netherlands at Oliver Wyman, shared insights into the history of both companies, reflected on the progress of our partnership, and offered an exciting glimpse into our shared future. A heartfelt thank you to everyone who joined us for this unforgettable night—we look forward to reuniting next year! #Alumni #OWNetherlands #INNOPAYNetherlands

We are proud to announce that Mariane ter Veen, Director of Data Sharing at INNOPAY, is speaking at the prestigious European Data Summit in Italy, taking place from 8 to 10 October. Each year, this invitation-only event organised by Konrad-Adenauer-Stiftung – a leading EU think tank in digital innovation – gathers key policymakers, civil society leaders and innovators to shape the digital agenda for the upcoming EU mandate. Mariane was selected as a speaker for her thought leadership on digital sustainability, which is a crucial topic for the EU as it defines its future digital policies. The summit provides a unique platform for Mariane to advocate for digital sustainability to become a guiding principle in the next EU mandate. Her participation underscores the recognition of her work in supporting responsible data sharing and sustainable digital transformation across Europe. Stay tuned for more updates as Mariane lobbies for a future in which digital sustainability drives progress and innovation within the EU’s digital landscape. For more information about the event, visit > https://lnkd.in/ehr-5nW3 #EUDataSummit #EU #DigitalSustainability

The Instant Payments Regulation (IPR), which came into effect on 8 April 2024, will impact all payment service providers offering SEPA payments, both inside and outside of the Eurozone. INNOPAY experts Linda Geux, Martine Nau, and Tim Gillieron highlight six key areas affected by the IPR and explore the broader implications of the IPR to assist market participants in navigating the new requirements. Read the blog here > https://lnkd.in/eSJJvEVQ #InstantPayments #IPR #InstantPaymentsRegulation #Payments

Together with the De Nieuwe Wereld TV channel and the Utrecht University - Faculty of Humanities in the Netherlands, we recorded a talk show on campus at the University of Utrecht on April 19th, 2023, called "Can the pros of technology outweigh their disadvantages?" Philosopher Ad Verbrugge discussed this topic with experts including Yuri van Geest (trendwatcher and impact entrepreneur), Julia Janssen (artist, designer, and researcher), Toon Segers (co-founder of Roseman Labs and part-time PhD candidate in Cryptography at Eindhoven University of Technology), and Vincent Jansen (digital identity expert and Vice President at INNOPAY). Watch the video: > https://lnkd.in/eqsm5paR #AI #ArtificialIntelligence #DigitalSustainability

"Digital transaction are increasingly important in today’s world. Everyone uses them on a daily basis but are unaware of the underlying complexities. I enjoy learning more and more about this on a daily basis.” Listen to what senior consultant Bauke Rietveld has to say about working for INNOPAY. Interested? Check out our Career page: https://lnkd.in/guqtBeD #Payments #DigitalTransformation #Hiring