The Top Payments News Stories in December 2017

Well here we are, more than ready to break up for Christmas and prepare for the new year ahead. In the last few days i had my own mini crisis – my blog got hacked. Who tf would want to hack this blog?!?! Anyway, we’re back alive and kicking. In this final instalment of the year, i recap the top payment news stories in December 2017. Do have a read of Finextra’s year in review.

Have a wonderful Christmas and look out for the new posts in 2018.

Check out the following top payments news stories for December 2017:

1. Payments News – Cyber Security

2. Payments News – Mobile Payments

  • China – Union Pay and 30 banks and payment institutions launch Mobile QuickPass – a unified mobile payments portal
  • Commonwealth Bank to enable small businesses to accept contactless payments using their phones

3. Payments News: Blockchain / Digital / Crypto-currencies

  • Nordea joins consortium – a DLT platform seeking to simplify domestic and cross-border commerce
  • Revolut launches an easy way to buy cryptocurrency such as Bitcoin, Litecoin and Ethereum
  • France preps blockchain for trading unlisted securities
  • The boss at DTCC reflects – DLT Wave: From Hype to Progress
  • The head of the SEC gives a statement on Cryptocurrencies and ICOs
  • Banks collaborate to develop an Ethereum solution for MiFID and MiFIR, EU Regulations
  • Reserve Bank of Australia Governor Philip Lowe warns of the bitcoin “speculative mania
  • The research and innovation arm of the Italian Bankers Association (ABI Lab) builds a PoC blockchain based (using R3) process for domestic interbank reconciliations
  • Japanese and Korean Banks partner to improve cross border payments using Ripple’s, xCurrent, technology to settle between participating banks

4. Payments News: Banks

  • BBVA enjoys a record breaking Black Friday week
  • Credit Suisse describe how big data is changing compliance at the bank enabling speed and efficiency gains
  • Morgan Stanley to use robo-advisers to attract millennials
  • FCA publishes rules making it easier for customers to compare bank accounts
  • Nordea implements production APIs and with that goes live with Nordea Open Banking
  • Barclays – Open Banking 4 things you need to know

5. Payments News: Fintech

  • PSD2 marks the way for a new age of payments according to a Deutsche Bank head of cash products, cash management
  • Indonesia’s equivalent of Uber, Go Jek will buy 3 Fintech companies in a bid to dominate payments in the country
  • IBM signs up big players, including JP Morgan Chase and Barclays, to its IBM Q Network – to explore practical uses of quantum computing systems
  • According to Sky, Former Barclays Chief Bob Diamond mulls UK retail banking‎ return with Tandem stake is in talks to buy a stake in Tandem
Thanks for stopping by – Take a look around…!!

6. Payments News: Europe – SEPA, PSD2

  • Accenture report their Open Banking findings from 80 payments executives from across Europe
Thanks for stopping by – Take a look around…!!

7. Payments News: SWIFT

  • Finextra over Day 2, Day 3 of the SWIFT Operations Forum Europe, 2017

8. Payments News: Reports

That’s it folks! Let me know below if I missed anything important…

Merry Christmas 🙂

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