SEPA Payments | SEPA Credit Transfer

4 SEPA File Format Checks That Are Being Ignored… 1

May

11

2015

Having gone live with various SEPA file formats last year, we’re starting to see some complacency by those involved in SEPA implementations. After all, last year many of us were managing multiple SEPA payments and SEPA direct debit deployments across Europe – so doing one here and there at this time should be easy, right? Well – ...

The Top Payments News Stories in April, 2015

Apr

30

2015

There were some recurring payments news themes that dominated the headlines in April 2015 – cyber security, mobile payments and various fintech developments. Interestingly though there were some new stories around ATM’s and a couple of important financial inclusion stories worth catching up on. Unfortunately there were also some bank glitches that caused customers a bit ...

SEPA Payments Will Fail on 1st May If You Ignore This

Apr

20

2015

SEPA Payments for value 1st May will be delayed or worse still fail altogether – You’re probably thinking that’s quite a bold statement to make. Let me explain why in this question and answer post…. SEPA Payments Failing, Eh? What’s going on? 1st May, 2015 is a Labour Day Holiday in many European countries. More importantly, it ...

5 Takeaways from the BBVA Annual Letter to Shareholders 1

Apr

15

2015

Having recently reviewed the JP Morgan annual letter to shareholders, I thought it would be useful to see what other banks were saying in their annual letters to their shareholders. I went through the Top Payment News Stories in March 2015 and noticed BBVA’s Chief, Francisco Gonzalez, “plans to build the first and best digital ...

7 Reasons Why Your XML Payments Are Failing… 2

Apr

9

2015

During the SEPA implementation, there was a common objective to develop and deliver the required SEPA XML payments format. Having gone through the PAIN (see what I did there?!) many corporates are now looking to utilise the ISO20022 format for other (non-European) payment processes that they may be running. After all it makes sense to get rid ...

The Top Payments News Stories in March, 2015 1

Apr

1

2015

It only seems like yesterday that I was summarising the top payments news stories for February 2015 – Is it me, or is time flying?!?! So in March cyber security continued to hit the headlines with various reports highlighting the extent of the issue. Various FinTech, digital/cryptocurrency and innovation related payment news stories also caught my ...

Facebook Payments – 10 Things I Learnt 2

Mar

20

2015

There has been an absolute avalanche of information about the recent Facebook press release confirming that in the coming months Facebook Messenger will enable users, in the US, to send / receive money. In this post I don’t intend to reiterate what’s already been said, but rather to share 10 things about Facebook and with it the ...

Real Time Payments Systems Around the World 8

Mar

11

2015

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 ...

The Top 10 Payments News Stories in February, 2015 1

Mar

2

2015

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 ...

The Top 10 Payments News Stories In January, 2015

Feb

1

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 ...