The Top Payments News Stories in July, 2015

Mobile payments, blockchain and fintech payments news stories dominated in July 2015. Mobile payments news focused on the UK launch of Apple Pay, and the banks continue to express their excitement around blockchain technology. I never thought we would see news about Mike Tyson in a blog about payments news, but he’s fought his way into this months payments news recap too…! Finally, fintech hubs and innovation centres pop up here, there and everywhere!

Check out the following top payments news stories for July 2015…

1. Payments News – Cyber Security

  • Royal Bank of Scotland encountered a DDoS (Distributed Denial of Service) attack resulting in the unavailability of their online banking services
  • The ECB Fourth Report on Card Fraud for 2013 reveals an increase in fraudulent transactions by 8% compared with 2012

2. Payments News – Mobile Payments

  • Apple Pay launches in the UK, with some banks missing
  • Forrester’s Thomas Husson provides his thoughts on the launch in Expect Faster Adoption Of Apple Pay In The UK
  • Mayor of London launches an initiative to embrace innovation and technology in London, with ideas including the processing of contactless payments at market stalls
  • MasterCard and Samsung Pay link up in Europe
  • ING Bank launches voice activated payments through their mobile banking app
  • Despite the growth of mobile payments, cash still remains popular according to the coin supplied figures by the Royal Mint
  • HomeSend and Azimo enable mobile money services in Asia and Asia-Pacific
  • As Apple Pay launches in the UK, TFL provide some useful tips and warnings
  • Samsung Pay trials in South Korea, with expectations that the global roll out will happen next month
  • Vodafone India and Walmart team up to deliver mobile payments using M-Pesa in India

3. Payments News: Digital / Cryptocurrencies

4. Payments News: Banks

5. Payments News: Fintech

6. Payments News: SEPA

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 7. Payments News: SWIFT

  • SWIFT release a statement on Iran and the potential sanctions relief
  • SWIFT offer blockchain research grant

 

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

 

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