All articles by Douglas Blakey

Douglas Blakey

Looking back on seven years of open banking – impact on payments and what’s next

The challenges that need to be overcome if open banking in the UK is to realise its full potential. Jonathan Vaughan Burleigh writes

“If you can’t buy it twice, don’t buy it” – a saying Gen Z should consider

Banks must play a role in reducing BNPL overconsumption, explains Phoebe Hodgson

New York regulators fine PayPal $2m

Penalty relates to cybersecurity failures which exposed personally identifiable information of tens of thousands of customers

Mastercard, Banque Misr and Money Fellows collaborate to launch prepaid card

Initiative aims to drive financial inclusion in Egypt through online money circles

HSBC’s Zing shutdown a $150m innovation misstep, says GlobalData

The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully

Navigating DORA: Strengthening financial resilience with automation

John Stevenson explains how automation can optimise resource allocation to bolster threat response and regulatory compliance for those in financial services

CBDC require clear benefits of use to become currency in future, says GlobalData

To date, retail CBDCs have failed to address real consumer needs or pain points meaningfully and currently offer no clear tangible benefits that would drive user adoption

KCB and Mastercard unveil Kenya’s first platinum multi-currency card

According to KCB, its collaboration with Mastercard underscores its commitment to delivering innovative, world-class financial solutions that provide convenience and flexibility in a dynamic global payments environment

The payments industry: A catalyst for transformation in financial institutions

Mick Fennell sets out six key trends for 2025 with a number of these developments driven by specific events with deadlines that will shape the business strategies of each player in payments processing

Gen Z’s new favourite spending habit: BNPL

Aleksandra Medina discusses what Klarna’s deceptively enticing branding means for this generation’s financial literacy skills