The Top Payments News Stories in December, 2016

This months post of the top Payments News stories is a little earlier than normal. While it is fresh i wanted to capture the key payments related stories that hit the headlines in December. Check out the following top payments news stories for December 2016: 1. Payments News – Cyber Security Avalanche cloud computing network ...

What the Heck is Cyber Security Hygiene? 3

This year i have attended quite a few sessions about cyber security, and noticed a recurring medical analogy about practicing good “cyber security hygiene”. I get the gist of the cyber security hygiene point but was intrigued by the origins and history behind it. Here is what i found: Washing Your Hands Saves Lives: To ...

7 Juicy Changes Impacting the Fintech Sector by McKinsey

Over the last couple of weeks all the cool fintech folks have been sharing and speaking about the McKinsey article: Bracing for seven critical changes as fintech matures. McKinsey talk about the key trends influencing financial-technology firms and incumbent financial institutions in a increasingly diverse and rapidly changing world. For all the juicy statistics and examples please ...

The Crazy Cash Crisis in India EXPLAINED! 1

There has been a lot in the news and all over social media about the cash crisis in India over the last 30 or so days. As it happens I’m preparing for a trip to India pretty soon, and thought i would do a bit of research – here’s what i learnt: 1. What caused ...

The SWIFT Customer Security Programme EXPLAINED! 2

Anybody that uses SWIFT will have heard about the SWIFT Customer Security Programme, and in this post i will cover the main things you need to know. Right now, the SWIFT Customer Security Programme (CSP) is being validated and SWIFT are inviting the SWIFT community to give their feedback on the programme with a view ...

The Top Payments News Stories in November, 2016

Here’s my round up of the top Payments news for November 2016. The big shock payments news stories this month were the withdrawal of the 500 and 1000 Rupee notes as legal tender in India, R3exit (see what i did there!) and the continuing focus on fintech and cybersecurity. Check out the following top payments ...

99 Problems, For Fintech To Solve, and Trump Ain’t 1

Fintech this and fintech that! Everyone is talking about Fintech – billion dollar investments, disruption/evolution, the need to be innovative, remove legacy and move to ‘digital’. It is easy to become engrossed in the high-tech whirl wind, and the lure of the shiny new stuff that is happening around us is undoubtedly exciting. But it ...

How YOU Can Be Hacked in 7 Cybersecurity Infographics 1

Okay, I’m going to state the bleeding obvious - cybersecurity is really important. We all know that. But it is easy to become overwhelmed by the astronomical figures and the different types of cybersecurity threats which lurk in and outside of the workplace, the complex technology and a feeling of helplessness. The bad news is that cybersecurity ...

WTF does PSD2 say about 2FA? 1

Following on from my post yesterday about Two Factor Authentication (2FA), i was curious to see what the upcoming PSD2 Regulation had to say about 2FA. So lets get straight to it…. What is PSD2? PSD2 is the EU revised Payments Services Directive. Check out: All of the juicy and official European Parliament and European Council ...

Two Factor Authentication Explained in About 5 Minutes 5

When it comes to cybersecurity best practice, Two Factor Authentication is widely viewed as a must-have. Two factor authentication adds an additional step to signing into any application which many feel is a bit of a headache, but more importanly it helps to safeguard and protect your online identity which is increasingly becoming central to ...