The Top Payments News Stories in July, 2016 1

I have been pretty busy lately and am getting ready for a couple of weeks off – Woohoo! So i am going to keep this edition of Payments news stories in July 2016 short and sweet. There seem to be featured quite a few cosying up stories and a couple of technical glitches too. And ...

The Problem With Payment File Uploads into Internet Banking 1

There are some amazing advances happening in technology right now – we’re sending space probes to Mars with a view to very soon sending man to the red planet, there are driverless cars, machines are doing more through Artificial Intelligence, virtual reality is becoming mainstream, financial services are being revolutionized through an array of fintech solutions ...

The Top Payments News Stories in June, 2016

Payments news stories in June 2016 were dominated by the usual themes – fintech initiatives, collaboration, bank branch closures, the move to contactless payments, cyber-security breaches and a couple of SWIFT stories. But there was one story that overshadowed all of these – Brexit. Firstly, the build up to the crucial EU referendum vote. Secondly, ...

10 Epic Themes from the CB Insights Future Of Fintech Event

I’m one of the 167,608 subscribers to the CB Insights Newsletter – a must read for folks interested in all things fintech. CB Insights provide industry led research, data and analytics covering a vast spectrum of topics from incumbent corporation investment strategies through to start up company trends, noteworthy economic, markets and investment analysis for ...

The Top Payments News Stories in May, 2016 1

Payments news stories in May 2016 were packed with reports about the SWIFT related hacks in Bangladesh, Vietnam and Ecuador. While there is just one line below, i dedicated a complete SWIFT related hacks post to the various goings-on. Elsewhere, mobile payments went from strength to strength with the continued roll out of Apple Pay, Android ...

The Best Tweets from Africa’s largest Fintech Event

Last week there was a major fintech event in Africa – Dot Finance Africa. I heard about the fintech conference through various tweets, and was intrigued. Africa is a hot bed of innovation, the region is free from the clutches of legacy and is seemingly ready and willing to embrace new technology. Banks, payment service providers, mobile ...

The Top Payments News Stories in April, 2016

Payments news stories in April 2016 were dominated by the usual themes – fintech, mobile payments and blockchain technology. And of course, cyber-security continued to concern all players, particularly as details of the SWIFT based cyber-attack at Bangladesh Bank were unveiled. Apple Pay, Samsung Pay and AliPay continue their global deployments and interestingly this month ...

7 Step Guide to Covering Up SWIFT Payment Fraud 1

In the post SWIFT, Hackers, Casinos and a Billion Dollar Bank Job i gave an overview of what happened and some of the lessons learnt from the Bangladesh Bank heist in February 2016. Interestingly BAE Systems released technical details around how they think the hackers managed to cover their tracks. The Two bytes to $951m is ...

10 Key Benefits of XML Payments for Corporates 3

XML payments are increasingly becoming – if not already – THE global standard format for corporate to bank payments. There are many reasons for the growing XML adoption rates and in this post i thought i would explain 10 of the key benefits of XML payments. XML Payments – A Quick Introduction Regular readers of ...

11 Insights From the JP Morgan Annual Letter by Jamie Dimon

There has been quite a bit of coverage of the JP Morgan CEO (Jamie Dimon) Letter to Shareholders in the press this last week. The exchanges between Jamie Dimon and Bernie Sanders have received quite a bit of attention. Couple that with all of the disruption that there is within, and coming up in, banking ...