Below i have recapped what i think are noteworthy Payments News stories in April. Some interesting picks include the Lithuanian chap who scammed both Google and Facebook, JP Morgan leaving R3, various FinTech developments coming from both startups and incumbents and quite a few SWIFT stories. I haven’t had a chance to read all of ...
Payments in the UK are changing and a couple of months ago Payments UK released a report – Changing Payments Landscape: How 2017 will change the way we pay for good – outlining the reasons why. The UK payments industry is often described as a global leader paving the way for other countries, innovating and delivering ...
PwC recently published their Global FinTech Report 2017 titled Redrawing the Lines: FinTech’s Growing Influence on Financial Services. They surveyed over 1300 participants from 71 countries representing the financial services, technology and management sectors. Read the PwC 2017 Fintech Report for all the juicy details and stats, but check out my summary notes below. 1. FinTech ...
I should have spent the Easter weekend decorating, but ended up reading up about the Shadow Brokers, SWIFT, EastNets and the NSA leak. In this post i thought i would explain what it all means for corporates that use SWIFT, and in particular for those that connect to SWIFT using a SWIFT Service Bureau. Shadow ...
My recent posts highlighting key cybersecurity threats and my notes from the SWIFT cybersecurity conference revealed the phenomenal growth and adoption of various biometric security emthods. So in this post, i thought i would share 5 infographics that nicely summarise everything you need to know about biometric security. My key takeaways are the following: Biometric ...
Payments news stories in March 2017 were dominated by the usual suspects – cyber-security, mobile payments and fintech! SWIFT started its various SWIFT Business Forums, and for us SWIFT’ies that’s pretty interesting. Check out the following top payments news stories that caught my eye during March 2017: 1. Payments News – Cyber Security Cifas figures ...
Last week the European Payments Council released a report – 2016 Payment Threats Trends Report – which highlights some current cybersecurity threats resulting in fraudulent payments. In this post, i summarise those key payment threats: 1. Denial of Service (DoS) Attack A Denial of Service (DoS) attack involves resetting or overwhelming the targets resources to ...
Today the European Commission hosted a fintech conference debating the transformational effect technology is having on financial services and posed the question “Is EU regulation fit for new financial technologies?” The European Commission Vice President Valdis Dombrovskis gave an interesting keynote speech, and there’s a web-stream recording of the event, which i may cover at ...
Over the weekend, i was reading the European Payments Council (EPC) March 2017 Newsletter. I know, i need to get out more! Anyway, its a good read. What really caught my eye was a PSD2 Infographic – you do need to sit down and read it – but i think its worth a look. The ...
I’m always interested in trends, and have recently highlighted Fintech trends and technology trends for 2017. In this post, I highlight the Capgemini infographic highlighting 10 payments trends for 2017. As they say, a picture tells a thousand words, and this Capgemini payments trends 2017 infographic nicely highlights the following 10 payments trends: Digital Payments ...