1 Month to Go: The Lowdown on GDPR and Payments (Infographic) 2

With just under 1 month to go, the EPC has released a What the GDPR Means for Payments infographic. The GDPR and Payments infographic is shared below, but first: Wait, what is GDPR? GDPR – General Data Protection Regulation GDPR aims to harmonise data privacy laws across the EU, and give EU citizens greater protection ...

5 Points From the SWIFT London Business Forum 2018 Nobody is Talking About 2

5 Points From the SWIFT London Business Forum 2018 Nobody is Talking About
Yesterday i was one of about 1100 registered delegates that attended the SWIFT London Business Forum 2018 at Tobacco Dock. The theme of the forum was “Seizing the Opportunity”, and there were the usual punchy cross-industry topics (fintech, regulation, machine learning, AI, cybersecurity… you get the idea) being discussed by some pretty high profile and ...

12 Types of Fraud You Need To Know About by UK Finance

12 Types of Fraud You Need To Know About by UK Finance
Last month UK Finance together with Financial Fraud Action UK published 2017 annual fraud update, highlighting different types of fraud along with some pretty incredible statistics (total number of incidents and value) indicating the extent of the losses. The good news is that in 2017 unauthorised fraud losses from payment cards, remote banking and cheques ...

The Trials & Tribulations of 10 Billionaires – Infographic 1

The Trials & Tribulations of 10 Billionaires - Infographic
Over the weekend i came across an interesting infographic about how 10 billionaires faced failure. It caught my attention since a few of the folks are leaders in financial services and in particular the technology that is rocking the sector! Also, the infographic reiterates the trendy innovation mantra  “fail fast, fail often” – whether you ...

Brexit Timeline – Key Dates You Need To Know

Brexit is probably the biggest event in recent memory to shake up the European Union. As the Brexit negotiations unfold, the implications on the “four freedoms” (goods, capital, services and labour) will potentially start to impact you, your friends, family and colleagues. With this in mind, it is critical to understand the the events past ...

5 Key Takeaways from the UK Fintech Strategy

5 Key Takeaways from the UK Fintech Strategy
There’s no doubt that the UK government recognises the importance of financial services, and in a rapidly changing technological environment the need for the UK to position itself as the best place in the world for fintech. On 22-March the UK Government launched the Fintech Sector Strategy: Securing the Future of UK Fintech. In this post, ...

The Top Payments News Stories in March 2018

Lot’s of payments news stories flying about this month. Unsurprisingly Open Banking is hitting the headlines, a focus on fintech in the UK, innovation and talk of the Kodak moment in financial services. Check out the following top payments news stories for March 2018: 1. Payments News – Cyber Security Equifax to notify another 2.4 million ...

7 Things Corporates Need To Know About PSD2 and Open Banking 2

7 Things Corporates Need To Know About PSD2 and Open Banking
PSD2 is a HOT topic at the moment, and will continue to dominate discussions for the foreseeable future. The revised European Payment Services Directive (PSD2) is multifaceted regulation with implications for banks, technology companies, financial institutions, regulators and most important of all, You and I – the end customers. At first glance, the PSD2 focus seems ...

Payment Fees – The Difference Between BEN, OUR and SHA

I have received a couple of recurring questions about payment fees, specifically the difference between BEN, OUR and SHA. So, lets get straight to it… Payment Fees / Transaction Charges The sending bank and receiving bank in a payment transaction may charge a fee for processing the payment. Within each payment specific codes are used by ...

5 Ripple Tweets That Absolutely Dominated Money20/20 Asia

I was curious to see what happened at Money 20/20 Asia, which took place in Singapore this last week, 13-15th March. So, took to Twitter to get the low down. There was some pretty interesting stuff, covering all of the hot topics: cybersecurity, financial inclusion, a keynote by Piyush Gupta, the fintech unbundling of banks, ...