Payments - SEPA for Corporates

7 Tasty Graphics from the Next Money Fintech Conference

Sep

14

2016

Before i get into the details of the Next Money fintech conference. I would like to apologise for not blogging/posting very much recently. Its been a crazy month. But don’t worry, I’m back! I’m catching up on all of the news worthy payments stuff that has been going on the last couple of weeks. One ...

FATF Recommendations & MT101 Explained in 251 Words 1

Sep

8

2016

About a month ago i wrote a post What Is FATF & How Will It Impact My Payments? It provides an overview of the the FATF Recommendations and the impact on MT101 payments into Europe. The post triggered A LOT of emails, and so in this post i thought i would recap as simply as i could ...

The Top Payments News Stories in August, 2016

Aug

31

2016

You’ve probably noticed that its been a quiet month for me, I had a couple of weeks off and am now trying to fight off the holiday blues. Hey ho! I was off the grid and so this edition of Payments news stories in August 2016 was useful for me to do, and helped me ...

EU Euro Payments Must be SEPA Compliant by 31 Oct 2016 1

Aug

25

2016

This blog has covered in depth the SEPA timeline for euro payments and direct debits, starting with the initial deadline (1st February 2014) and the 6 months grace period which culminated in the final (1st August 2016) SEPA deadline. So you’re probably wondering, what the heck is this euro payments to be SEPA compliant by ...

9 Things I Learnt & You Might Too About PGP Encryption 2

Aug

16

2016

The Edward Snowden revelations have played a significant role in raising the profile of encrpytion over the last few years. That debate will clearly continue to run, but with heightened cyber security threats the use of encryption is something very relevant for corporates – particularly where payments are concerned. And it is with payment security in ...

What Is FATF & How Will It Impact My Payments? 3

Aug

11

2016

Just as i thought SEPA was done and dusted (dont forget about the October 2016 deadline!!), I am hearing about the need to comply with another set of payment regulations – FATF, Financial Action Task Force. I must admit i knew nothing about FATF , so went on the hunt for some useful information. This ...

The Top Payments News Stories in July, 2016 1

Aug

2

2016

I have been pretty busy lately and am getting ready for a couple of weeks off – Woohoo! So i am going to keep this edition of Payments news stories in July 2016 short and sweet. There seem to be featured quite a few cosying up stories and a couple of technical glitches too. And ...

Is Your SWIFT Service Bureau On The List? If not, WHY Not? 2

Jul

19

2016

The other day i was updating the post A News Bulletin Overview of the SWIFT Related Hacks, and started reading up about the Vietnam hack. The interesting thing about the Vietnam Tien Phong Bank hack was that the fraudulent transfers were routed through an external or third party provider used by the bank to connect ...

7 Ripple Reasons Why the SWIFT GPII Ain’t Good Enough 14

Jul

7

2016

I’m trying to get to grips with all things payments and blockchain related at the moment, and this quest has sent me in various directions. One emerging Fintech company thats fast occupying both the payments and distributed ledger space is Ripple. More on them later. But for now, i wanted to cover a couple of ...

The Problem With Payment File Uploads into Internet Banking 1

Jul

4

2016

There are some amazing advances happening in technology right now – we’re sending space probes to Mars with a view to very soon sending man to the red planet, there are driverless cars, machines are doing more through Artificial Intelligence, virtual reality is becoming mainstream, financial services are being revolutionized through an array of fintech solutions ...