payments news Archives - Page 3 of 5

The Top Payments News Stories in May, 2016

Jun

1

2016

Payments news stories in May 2016 were packed with reports about the SWIFT related hacks in Bangladesh, Vietnam and Ecuador. While there is just one line below, i dedicated a complete SWIFT related hacks post to the various goings-on. Elsewhere, mobile payments went from strength to strength with the continued roll out of Apple Pay, Android ...

11 Things You Need To Know About SEPA Instant Payments 6

May

16

2016

Everyone wants everything instantly! Consumers are increasingly accustomed to instant payments through various mobile offerings, and there is a similar ‘instant’ expectation for non-mobile payments. In Europe that means SEPA Payments, hence the emergence of SEPA Inst Payments, or more officially the SEPA Instant Credit Transfer Scheme. Instant payments are clearly the flavour of the ...

My Notes from the SWIFT Business Forum in London

May

5

2016

Along with 1300 people last week, i visited the SWIFT Business Forum in London – it was a great day with a number of well informed panel discussions and insights into the hot topics dominating the industry. My main focus was of course payments. There are plenty of overviews from the various sessions at the SWIFT ...

The Top Payments News Stories in April, 2016

May

2

2016

Payments news stories in April 2016 were dominated by the usual themes – fintech, mobile payments and blockchain technology. And of course, cyber-security continued to concern all players, particularly as details of the SWIFT based cyber-attack at Bangladesh Bank were unveiled. Apple Pay, Samsung Pay and AliPay continue their global deployments and interestingly this month ...

7 Step Guide to Covering Up SWIFT Payment Fraud 1

Apr

27

2016

In the post SWIFT, Hackers, Casinos and a Billion Dollar Bank Job i gave an overview of what happened and some of the lessons learnt from the Bangladesh Bank heist in February 2016. Interestingly BAE Systems released technical details around how they think the hackers managed to cover their tracks. The Two bytes to $951m is ...

11 Insights From the JP Morgan Annual Letter by Jamie Dimon

Apr

14

2016

There has been quite a bit of coverage of the JP Morgan CEO (Jamie Dimon) Letter to Shareholders in the press this last week. The exchanges between Jamie Dimon and Bernie Sanders have received quite a bit of attention. Couple that with all of the disruption that there is within, and coming up in, banking ...

The Top Payments News Stories in March, 2016

Apr

1

2016

The payments news stories in March 2016 were all about fintech! All of the banks seemed to get into an accelerator or innovation lab somewhere or other. And while fintech investment in 2015 reached an all time peak, some interesting regional and industry themes are highlighted in the KPMG and CB Insights report. Mobile Payments ...

10 Most Popular Payments Tweets from February, 2016

Mar

4

2016

Having summarised The Top Payments News Stories in February, 2016 i noticed that some stories were hugely popular on twitter. Some payments news stories received a huge number of likes and retweets, and for me that in itself provides a fascinating insight into what stories and themes are engaging people the most in the industry. I ...

The Top Payments News Stories in February, 2016 2

Feb

29

2016

The payments news stories in February 2016 were all about mobile payments and blockchain. From a mobile payments perspective contactless payments data for 2015 became available in the UK and grew three-fold, we passed the billion (transactional – Mastercard) and trillion (value – Citi) marks, which is a trend which we will undoubtedly see across the ...

The Top Payments News Stories in January, 2016

Feb

1

2016

Payments news in January 2016 pretty much continues where we left off in 2015. And in case you’re not sure where we left off, we can summarise it in 1 word – fintech. The buzz is all about technology and its well worth keeping an eye on the payments trends that consultancies like McKinsey are ...