Disruptive Innovation - SEPA for Corporates

4 Disruptive Themes from the McKinsey Global Payments Report 4

Oct

21

2015

There are plenty of reports out there about global payments, but there are a couple that are particularly noteworthy. One of them is the McKinsey offering – this year the McKinsey report is titled Global Payments 2015: A Healthy Industry Confronts Disruption. The Global Payments report hits upon all of the key happenings in the industry ...

Piyush Gupta on Growth, Decline & Disruption in Asia 3

Oct

19

2015

Last week, it was all happening at Sibos in Singapore. One of THE most talked about and retweeted events at Sibos 2015 was the opening plenary by Piyush Gupta – the Chief Executive Officer (CEO) of DBS Bank. I wasn’t at Sibos, but the social media buzz around Piyush was such that I felt like I ...

The Top 20 Tweets from Sibos 2015 2

Oct

15

2015

I wasn’t one of the 8200 Sibos attendees in Singapore this year, so I looked to various other channels to get my daily dose of SWIFT and Sibos news. By the sounds of things there were some really interesting panel discussions (particularly around blockchain) and insights into various disruptive technologies and consumer demands. Finextra and ...

5 Things You Need To Know About PSD2 – Payment Services Directive 75

Oct

13

2015

Speculation over the much anticipated PSD2 – revised Payment Services Directive – has been gathering for quite a while now. Last week the European Parliament adopted the revised Directive on Payment Services (or PSD2), and with it the PSD2 reality got a little bit closer. PSD2 has been attracting quite a lot of attention, and ...

10 Insights by Nick Leeson on Risk, Failure and Success 1

Oct

7

2015

Today I attended a AccessPay event at the Barbican Centre in the heart of the City of London. There were some interesting presentations from SWIFT, Barclays and Faster Payments. The highlight was the keynote speaker Nick Leeson, the infamous rouge trader who brought down Britain’s oldest merchant bank in 1995. Admittedly, I don’t know too ...

Help…I Need A Digital Strategy! 2

Oct

5

2015

Mention the words “digital strategy” and people will immediately start nodding! Everyone loves the idea of a digital strategy. After all, the world around is increasingly becoming digitalised – from payments, banking, getting a taxi to ordering a coffee. There is an expectation that if you’re not digital you’re going to be eaten up by ...

7 Insights Into The Causes of Payments Disruption

Sep

28

2015

I spent more time than I should have over the weekend reading the Deloitte report Payments Disrupted – The emerging challenge for European retail banks. Payments disruption is a hot topic and this report provides an insightful overview of how regulation and technology are leveling the payments industry playing field. The Deloitte study has a ...

The Evolution of Payments In the UK by Consult Hyperion

Sep

23

2015

Ok, you may have noticed that I have been into cybersecurity and SWIFT quite a bit recently. But now I am going to head back to PAYMENTS! In August 2015, Consult Hyperion released a report The Future of Payments which describes current developments and outlines how the payments landscape will change in the UK over the next ...

Cyber Security Risks WITHIN Your Company 3

Sep

17

2015

Cyber security is one of the BIGGEST concerns keeping many leaders awake at night. As I was reading around about the topic I came across the Harvard Business Review article The Danger From Within – it is a great read and highlights, obviously, the often overlooked and ever present cyber security risks within your own ...

Is the SWIFT 2020 Strategy Good Enough? 3

Sep

14

2015

The other week SWIFT published a release titled Transforming the business of banking. The article gets views from some of the top SWIFT for corporate representatives and outlines how SWIFT aims to sign up more corporate customers and further develop its solutions for existing customers. These objectives are part of SWIFT’s overall SWIFT 2020 Strategy. Check out ...