Mobile Money – M-Pesa In Kenya, 7 Things Worth Knowing 7

Whenever there is talk of mobile money payments initiatives, the M-Pesa Kenya implementation is probably one of the most referenced success stories. And rightly so! The statistics are incredible, with 21.8 million registered M-Pesa users in Kenya making payments person to person (KSh 106 billion) , person to business (KSh 23.5 billion) and business to ...

What the Heck is the Fourth Industrial Revolution? 8

On Friday i visited the Black Country Living Museum in the heart of the Midlands in England. The BCLM is a great day out, and highlights how the Black Country contributed to the Industrial Revolution which started in the United Kingdom and quite literally transformed the social, economic and cultural conditions around the world. Fast ...

Simon Sinek on What, Why, Trust, and Technology

I have been thinking a lot about leadership and motivation recently. One of the leading authorities in this field is Simon Sinek, he has given a number of very popular talks about How Great Leaders Inspire Action and Why Leaders Eat Last. Simon speaks very simply about leadership, in a way that many of us ...

6 Regional Insights From The BCG Global Payments Report

During my recap of the Top Payments News Stories in October 2015, I mention the Boston Consulting Group (BCG) report – Global Payments 2015: Listening to the Customer’s Voice. For me the regional insights were the most interesting part of the report and in this post I will share some of my notes. Please keep in ...

The Top Payments News Stories in October, 2015 1

This is a bumper edition of Payments News in October 2015. What an incredible month..! From a European perspective PSD2 was rubber-stamped, there were Payments Reports galore, countless fintech related stories, IPO’s broke records and there was Sibos. As i tracked through the month, i was amazed at the number of cyber-attacks too – worryingly ...

A Quick Intro to Implementing the CGI PAIN.001 Format 6

Anybody that is implementing the PAIN.001 format needs to read this! Sometimes when you are looking to update or implement a new payments format it is difficult to know where to start. Add to this the different variety of payment formats, differing bank proprietary formats and requirements, country specific requirements, technical jargon, the squeeze on ...

7 Things I Learnt about the Internet of Things this Weekend 1

Over the weekend I read the Deloitte report The Derivative Effect: How Financial Services can make IoT Technology Pay Off – The Internet of Things in the Financial Services Industry. As i was reading the report I realised that i didn’t know enough of the basics. So i started reading around and as I did so, ...

4 Disruptive Themes from the McKinsey Global Payments Report 4

There are plenty of reports out there about global payments, but there are a couple that are particularly noteworthy. One of them is the McKinsey offering – this year the McKinsey report is titled Global Payments 2015: A Healthy Industry Confronts Disruption. The Global Payments report hits upon all of the key happenings in the industry ...

Piyush Gupta on Growth, Decline & Disruption in Asia 3

Last week, it was all happening at Sibos in Singapore. One of THE most talked about and retweeted events at Sibos 2015 was the opening plenary by Piyush Gupta – the Chief Executive Officer (CEO) of DBS Bank. I wasn’t at Sibos, but the social media buzz around Piyush was such that I felt like I ...

The Top 20 Tweets from Sibos 2015 2

I wasn’t one of the 8200 Sibos attendees in Singapore this year, so I looked to various other channels to get my daily dose of SWIFT and Sibos news. By the sounds of things there were some really interesting panel discussions (particularly around blockchain) and insights into various disruptive technologies and consumer demands. Finextra and ...