The Top Payments News Stories in April 2017

Below i have recapped what i think are noteworthy Payments News stories in April. Some interesting picks include the Lithuanian chap who scammed both Google and Facebook, JP Morgan leaving R3, various FinTech developments coming from both startups and incumbents and quite a few SWIFT stories. I haven’t had a chance to read all of ...

20 Insightful Reasons Driving Change in UK Payments

Payments in the UK are changing and a couple of months ago Payments UK released a report - Changing Payments Landscape: How 2017 will change the way we pay for good – outlining the reasons why. The UK payments industry is often described as a global leader paving the way for other countries, innovating and delivering ...

10 Sizzling Points From the PwC Fintech Report 2017 1

PwC recently published their Global FinTech Report 2017 titled Redrawing the Lines: FinTech’s Growing Influence on Financial Services. They surveyed over 1300 participants from 71 countries representing the financial services, technology and management sectors. Read the PwC 2017 Fintech Report for all the juicy details and stats, but check out my summary notes below. 1. FinTech ...

Overview of The Shadow Brokers, SWIFT And The NSA Leaks 1

I should have spent the Easter weekend decorating, but ended up reading up about the Shadow Brokers, SWIFT, EastNets and the NSA leak. In this post i thought i would explain what it all means for corporates that use SWIFT, and in particular for those that connect to SWIFT using a SWIFT Service Bureau. Shadow ...

5 Delicious Biometric Security Infographics

My recent posts highlighting key cybersecurity threats and my notes from the SWIFT cybersecurity conference revealed the phenomenal growth and adoption of various biometric security emthods. So in this post, i thought i would share 5 infographics that nicely summarise everything you need to know about biometric security. My key takeaways are the following: Biometric ...

7 Cyber Security Points That’ll Impress Your Boss 4

Last week inadvertently ended up being a cyber security focused week. It started off with the post 8 Cybersecurity Payment Threats Highlighted by the EPC and on Thursday i went to the SWIFT Institute Cyber Security 3.0 – Better Together conference in London. I found it to be a fascinating day with cyber security insights from ...

The Top Payments News Stories in March 2017

Payments news stories in March 2017 were dominated by the usual suspects – cyber-security, mobile payments and fintech! SWIFT started its various SWIFT Business Forums, and for us SWIFT’ies that’s pretty interesting. Check out the following top payments news stories that caught my eye during March 2017: 1. Payments News – Cyber Security Cifas figures ...

8 Cybersecurity Payment Threats Highlighted by the EPC 3

Last week the European Payments Council released a report – 2016 Payment Threats Trends Report – which highlights some current cybersecurity threats resulting in fraudulent payments. In this post, i summarise those key payment threats: 1. Denial of Service (DoS) Attack A Denial of Service (DoS) attack involves resetting or overwhelming the targets resources to ...

10 Epic Tweets from the EU Conf on EU Reg & Fintech

Today the European Commission hosted a fintech conference debating the transformational effect technology is having on financial services and posed the question “Is EU regulation fit for new financial technologies?” The European Commission Vice President Valdis Dombrovskis gave an interesting keynote speech, and there’s a web-stream recording of the event, which i may cover at ...

The Most Boring Article About EBICS You’ll Ever Read

I must admit, i haven’t worked with EBICS at all and in recent days have been on a mission to find out as much as possible about the EBICS connectivity method. In this post i share some of the things i learnt about EBICS. 1. What is EBICS? EBICS is the Electronic Banking Internet Communication Standard, ...