The Top 10 Payments News Stories in February, 2015 1

Payments news stories remained firmly in the spotlight in February. There were various payments news reports highlighting record investments in the fintech sector, coupled with continued developments with contactless payments. The European stage is clearly being primed for Apple Pay, and hot on the heels of this is the Samsung offering, LoopPay. Interestingly there were ...

SEPA Deadline: 1st February 2016 – The Countdown Begins 9

When all hands were on deck for the original SEPA deadline, talk of February 2016 felt like an age away. Yet here we are in February 2015 and the countdown to the next SEPA deadline is less than a year away. The EPC post SEPA Compliance in the Euro Area: Get Ready for February 2016. ...

5 Reasons Why Disruption Is a Myth… 7

Disruption, disruption, disruption…. Almost every conference you attend, magazine and website you read, or speaker will mention disruption. It sounds great, but is the world around us truly being disrupted – Really? Disruption sounds cool – everyone wants to be a disruptor and change the world (for the better!!), but is it ‘disruption’ in the true ...

Contactless Payments In Europe – Why the Fuss? 3

The global growth in contactless payments is resulting in some to mourn the death of the wallet. The days of clinking change in your pocket and withdrawing ‘fresh’ notes from an ATM, according to the popular press, are drawing to a close. The purpose of this post is to share what contactless payments are, and why ...

The Future of Payments – 4 European Payment Trends Worth Knowing…

The recent EPC Newsletter post on The Future of Payments highlights some interesting payment trends that key industry influencers believe will emerge over the course of 2015 and beyond. In the newsletter Javier Santamaria, the head of the EPC, summarises the payments related topics from the European Commission’s ‘Conference on emerging challenges in retail finance ...

Data Breaches in 2014, 8 Things Worth Knowing 2

I have been focusing recently on payments security and cyber security and lo behold today Gemalto Released Findings of 2014 Breach Level Index. Gemalto have gathered information from various public sources to form a Breach Level Index (BLI, originally developed by SafeNet). It is a fascinating index, and well worth a look. The interactive Breach Database ...

UK Payments Council Selects SWIFT as SEPA IBAN Only Vendor 1

The news yesterday (10-Feb-15) that the UK Payments Council has selected SWIFT as the vendor for the UK’s SEPA IBAN only central infrastructure platform has been widely reported. Full details of the announcement can be found at the SWIFT press release. The intention of this post is to understand what the press release really means ...

Cyber Security – 8 Hacks You Need to Know About 11

Cyber security attracted widespread attention in 2014, and the growth of online and digital technologies will no doubt ensure that corporate cyber security remains firmly in the spotlight in 2015. Last year corporates such as Sony, Apple, JP Morgan, eBay, Target and the European Central Bank were all involved in high profile cyber security attacks. Those cyber security ...

IBAN Number Format by SEPA Country 8

We have already covered the IBAN Number in the post SEPA: IBAN & BIC – The Definitive Guide. The purpose of this post is to give you a quick snapshot of the IBAN number format by SEPA country. In short, the IBAN is the International Bank Account Number – it is a globally agreed way of identifying ...

The Top 10 Payments News Stories In January, 2015

I was looking back at last weeks payments news stories, and thought wow – there were some interesting happenings. I realised that we were at the end of the month, and tracked back at the key payments related news items for January 2015. Now because this is a SEPA, i.e. a European Payments related, website I ...