FinTech in the UK: Becoming A World Leader in 10 Steps 6

Today has been a busy day in the UK, we have had the last Budget (2015) before the upcoming May 2015 General Election and a couple of key government reports. The first report published by HM Treasury – Bank for the 21st Century: driving competition and choice, sets out the UK governments plans to increase competition ...

5 Reasons Why SWIFT Must Not Exclude Russian Banks 1

I have reading up on SWIFT quite a bit recently, to understand more about how corporates can benefit from the various available SWIFT corporate solutions. The benefits of SWIFT include a single connectivity channel to all of your banks, greater transaction visibility and reporting, combined with increased security and reliability – all of which enable comparatively lower transaction costs. ...

Real Time Payments Systems Around the World 7

Real time payments continue to hit the headlines. Just last week at the SWIFT Business Forum in New York Chris Church emphasised the continued demand from both businesses and consumers for real time payments. I have also been posting on the European journey in Immediate Payments not available anytime soon and Instant Payments in Europe. There ...

Fun Facts About 10 European Brands

Over the weekend I was reading about European brands and came across some really interesting articles such as the Top 10 Most Powerful European Brands, The Best Brands in Europe and What are the top 20 retail brands in Europe?. They’re really interesting articles and well worth a read. The compiled lists of European brands vary according ...

SWIFT Nordics Conference 2015 – Summary

For those of us unable to attend, Finextra has provided in their Live Blog Day 1 and Live Blog Day 2 an excellent insight into the SWIFT Nordics Conference. As I read through the blog posts I thought it would be useful to summarise key quotes and items of discussion from the two day SWIFT conference in ...

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 ...