Challenges 2017

Challenges Themes and Rationale

For PayChallenge’17, CIONET developed the following themes combining the player type (AISP and PISP) and the application mode (Service Innovation and Enhanced Security for Authentication and/or Information Exchange). The matrix below shows the Macro Challenges that are the basis of the initiative.

Service Innovation Enhanced Security for Authentication and/or Information Exchange

AISP

AIS Innovation AIS Enhanced Security for Authentication and/or Information Exchange

PISP

PIS Innovation PIS Enhanced Security for Authentication and/or Information Exchange
Open Innovation

Matrix 1 -Macro Themes underlying the Challenges

Sample Challenge Descriptions

Service Innovation Enhanced Security for Authentication and/or Information Exchange

AISP

Provision of innovative services, either directly or through collaboration that use customers’ account information.
Provision of account aggregation services.
Access to customers’ data giving an enhanced view of their spending/purchasing behaviour and preferences.
Development of new solutions that enhance security for authentication and/or information exchange when providing AIS.

PISP

Development and support of new emerging electronic payment methods, thereby providing wider customer choice.
Collaboration with incumbent financial service providers to deliver value added services, over and above, the current account offering.
Development of innovative authentication methods to enhance security end user confidence.
Open Innovation

Matrix 2 -Example Challenges Descriptions

2017 Challenges List