Payments news stories in November 2015 have been dominated by disruptive technologies and companies…. A continued focus of fintech, fintech investments, blockchain related collaboration, mobile payments initiatives and companies such as Square have been shaking things up this last month. This combined with some interesting payments reports and payments related surveys have culminated in a hectic payments news month leading up to the end of the year.
Check out the following top payments news stories for November 2015…
1. Payments News – SEPA
- EPC publishes its proposal for the design of a European wide instant payments scheme
2. Payments News – Cyber Security
- EAST releases European Fraud Update for 2015
- Hilton encounter a credit card breach
- New York Department of Financial Services writes a letter proposing new cyber security regulation requirements
- Swedbank website is hacked
3. Payments News – Mobile Payments
- BBVA Bancomer and Gemalto roll out Dynamic Code Verification solution
- London black cabs to accept contactless payments from October 2016
- WeChat – a mobile calling and texting app developed by Tencent in China – launches the WeChat Wallet in South Africa
- myPINpad and Vocalink team up to digitise PIN for UK payments
- BBVA Wallet goes from strength to strength
- According to the WSJ, Apple is in discussions with US banks to launch a person to person payments service
4. Payments News: Digital / Crypto-currencies
- Coinbase issue the Shift Card – a bitcoin debit card
- Jamie Dimon on Bitcoin at the Fortune Global Forum….
5. Payments News: Banks
- Anthony Jenkins talks about banks facing their “Uber moment“
- BBVA invest a 29.5% stake in Atom Bank – a UK mobile only bank
- FXCompared Index highlights the differences between bank and non-bank money transfers
- Nick Leeson launches Risk Team – a education, advisory and investigation firm
6. Payments News: Fintech
- MIT launches FinTech Ventures course
- The Square IPO…!
- At the Bank of England Open Forum, George Osborne shares his vision for London as the “global centre for fintech”
7. Payments News: SWIFT
- France calls for European access to SWIFT payments data
- Canadian Payments Association research highlights the benefits of ISO20022
8. Payments News: Reports
- Tenemos and CapGemini Survery reveals banks focus changes to retain customers
- WorldPay Global Payments Report
- Guidance on cyber resilience for financial market infrastructures
- CPMI release a report on Digital Currencies
- Silicon Valley Bank survey highlights regulation as the biggest barrier for FinTech companies
- The Robot Revolution Report by Bank of America Merrill Lynch reveals the potential impact of the Fourth Industrial Revolution
- A FinTech sector report by the University of Toronto reveals the importance of a fintech ecosystem
- A Infosys Finacle-Efma Study reveal how retail banks attempt to stay ahead of start ups by increasing investment in innovation
That’s it folks! Let me know below if I missed anything important….