10 Key Benefits of XML Payments for Corporates 3

XML payments are increasingly becoming – if not already – THE global standard format for corporate to bank payments. There are many reasons for the growing XML adoption rates and in this post i thought i would explain 10 of the key benefits of XML payments. XML Payments – A Quick Introduction Regular readers of ...

11 Insights From the JP Morgan Annual Letter by Jamie Dimon

There has been quite a bit of coverage of the JP Morgan CEO (Jamie Dimon) Letter to Shareholders in the press this last week. The exchanges between Jamie Dimon and Bernie Sanders have received quite a bit of attention. Couple that with all of the disruption that there is within, and coming up in, banking ...

Business Email Compromise Scams Are Increasing! 3

Last week the FBI published a warning of the dramatic increases in business email compromise scams. In this post i will share what a business email compromise scam looks like and details from the latest FBI press release. What is a Business Email Compromise Scam? In short, it is a low tech way of exploiting ...

Brexit Explained In About 5 Minutes 3

There is a lot out there about Brexit, and the sheer amount of information is pretty overwhelming. So in this “Brexit Explained” post, i will share some of the basics of what you really need to know. If you know this stuff, everything else you watch or read about should more or less make sense. ...

SWIFT, Hackers, Casinos and a Billion Dollar Bank Job 5

SWIFT is increasingly targeting the corporate market as a highl secure and reliable corporate to bank connectivity solution. SWIFT has some clear benefits, but it aint a magic bullet. The incredible cyber theft last month will leave many SWIFT customers (banks and corporates) worried about similar copy-cat type thefts via the super secure SWIFT network. ...

The Top Payments News Stories in March, 2016

The payments news stories in March 2016 were all about fintech! All of the banks seemed to get into an accelerator or innovation lab somewhere or other. And while fintech investment in 2015 reached an all time peak, some interesting regional and industry themes are highlighted in the KPMG and CB Insights report. Mobile Payments ...

8 Easy Ways For Corporates To LOOK Innovative 3

I was re-reading the post 11 Powerful Corporate Innovation Truths recently, where the CB Insights Chief Anand Sanwal talks about 8 Simple Ways to Look More Innovative. Its a brilliant piece and I get that its a bit of fun, but i thought i would delve deeper into the 8 highlighted methods and see if there really ...

12 Payments Trends from Payments UK Worth Reading 1

Over the weekend i was reading the Payments UK World Class Payments report highlighting payments trends that are shaping how consumers around the world make payments. The report focuses on different payment methods in the UK and provides some interesting statistical comparisons with payment systems and payment processes around the world. The report puts the ...

The UK Financial Regulator on Fintech Innovation

In the The Top Payments News Stories in February, 2016 post i highlighted a speech by Christopher Woolard – the UK Financial Regulator (FCA: Financial Conduct Authority) director of Strategy and Competition. The speech was delivered at the FCA event on FinTech in the UK. Given that the UK is home to some of the hottest ...

An Analysis of Fintech Startups and Banks by McKinsey 1

Are fintech startups going to eat the banks breakfast? There is unprecedented coverage around fintech (financial-technology) startups and the gauntlet they have thrown down to the banks. Sometimes it is hard to make sense of it all. The fintech startups clearly offer something unique and banks recognise that the world around us is changing and ...