SWIFT lifts lid on the evolution of international cyber heists
International payments network SWIFT has suggested bilateral data sharing among antivirus vendors and customer banks is crucial to tackling hackers and cyber ... read more
People moves: Barclays shuffles top brass, Wells Fargo CEO steps down, and more
Bob Dowd becomes North America CEO of Moneycorp London-based global payment services Moneycorp has announced the appointment of Bob Dowd as CEO ... read more
Bigtech’s finregs come under microscope
As regulators investigate bigtech’s move into financial services, lawyers and market participants remain at odds over whether bigtech will face the swathes ... read more
Banks concerned about conflicting fraud reporting obligations
Market participants have reacted to a call for regulators to do more to align European banks’ fraud reporting obligations – which are ... read more
Banking without borders
Every business needs to have access to banking without borders to survive in our ever-globalised environment, writes Christoph Tutsch, founder and managing director of ONPEX
Security a priority for EU’s INATBA blockchain taskforce
The European Commission’s new blockchain initiative, the International Association for Trusted Blockchain Applications (INATBA), should focus on quashing extant security concerns around ... read more
CFOs able to “trailblaze” tech regardless of firm size, says research
Chief financial officers at smaller more agile UK companies are better able to implement cost savings such as early payments discounts, believes ... read more
Q&A: EPA’s Tony Craddock
The Emerging Payments Association (EPA) is a UK-based commercial community of 130 payments companies, including the likes of Mastercard, Visa, FICO, Fiserv ... read more
EPA’s Craddock: Payments industry hopes for Brexit deal
A no-deal Brexit would be like heading down a dark tunnel not knowing what’s at the end for the UK’s payments, according ... read more
People moves: Santander, Bank of America, and more
B2C2 appoints Catalanello CEO of US operations On March 21, UK-based cryptocurrency liquidity provider B2C2 announced the appointment of former Credit Agricole ... read more
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Banks and vendors should share software vulnerability responsibilities
Last Friday, security firm, Pen Test Partners exposed a vulnerability in software that UK bank RBS recommends and offers to its corporate ... read more
FIS-WorldPay merger to become the new norm for payments
10 weeks after its rival Fiserv bought First Data for $22bn, US-based financial technology firm FIS has splashed $43bn to acquire WorldPay. ... read more
UK SMEs need technology change to combat rising tide of payments fraud
Cultural and technological changes are needed to reverse the impact of fraud on UK businesses, as a quarter of SME employees fail ... read more
Dependence on manual accounting systems puts firms security and data at risk
Moving away from manual accounting and payroll systems to automated ones could prevent data and security issues, as firms have previously struggled ... read more
Cash review suggests fintech “is not a panacea” yet
Fintech still needs to do more to better serve the 8m UK consumers struggling with the emergence of a cashless society, despite the recent success of the fintech boom according to a survey and some market participants.
Payments world overlooking SCA
A senior payment professional has revealed that Open Banking, GDPR and 3D Secure 2.0 dominate client conversations while Strong Customer Authentication (SCA) is not a priority despite the deadline for compliance fast approaching.
Sharing fraud data a must for “jealous” banks
Banks must be more willing to share data and build cross-industry standards to beat fraud, according to Abdeslam Alaoui Smaili, CEO of HPS ... read more
Interconnection key in growing payments ecosystem
Over the past few years, technological advances, regulatory changes and the introduction of a range of new market participants has driven efficiencies ... read more
