https://youtu.be/kJfTz-jypEU Sarah Kocianski from 11:FS provides the low-down on the possible pain points of SCA, the effects it may have on consumers and what looks like the best approaches to rolling out the initiative. Payment fraud is on the rise. As part of the EU’s PSD2 regulation, SCA (Strong Customer Authentication) has been written into... Continue Reading →
Lloyds Bank announces Eazy Collect as first PSP client onboarded to Lloyds Bank Gem, the newest Cash Management and Payments Platform At the recent Lloyds Bank Payments Innovation Conference, Steve Everitt, MD Head of Payments for LBG Global Transaction Banking, paid tribute to Eazy Collect being the first client to adopt the new platform focused... Continue Reading →
Out January 2020! Pre-order on Amazon The PAYTECH Book is the payment technology handbook for investors, entrepreneurs and finance visionaries. Get up to speed on the latest industry developments, grasp the market dynamics of the ‘fintech revolution’, realize the sector’s potential, and gain expert insight on investment and entrepreneurial opportunities. The PAYTECH Book is the... Continue Reading →
BDO LLP, London | Wednesday 22nd January 2020 MLROs.com first industry conferences for 2020. MLROs.com conferences are always a great value, full-day event, packed with major topical issues and expert speakers. The conference will provide delegates with the information to enhance the scope and depth of their knowledge across a broad range of subjects, as... Continue Reading →
Ten blog posts focussing on navigating the payments landscape, giving payments a voice and signposting solutions:
How will the payments landscape have changed in 15 years? https://youtu.be/XJ-Gner7gC4 Resolution of friction and fragmentation in payments
This week I have taken a trip down banking memory lane reading a book that perhaps I should have read when I tried to study for my Chartered Institute of Banking exams in the late 1980’s. Unfortunately I didn’t get very far with my studies so I never had the opportunity to display the letters... Continue Reading →
True payment choice must include making digital payments an option for everyone in society as part of a broad mix of payment options. “Consumers should be able to decide for themselves how they pay. For us, it is important to have a broad mix of options and that efficient methods for payment are available”Burkhard Balz,... Continue Reading →
Over the past few weeks I've been involved in working with a number of clients on proposals for new business - mostly these proposals have been FinTechs seeking to work with larger incumbent banking organisations. With the number of FinTech partnership deals increasing what are the attributes of a successful Bank / FinTech partnership? Recently... Continue Reading →
We often say that in banking payments have gone from boring back office activity to the forefront of innovation and have even coined the term 'paytech' to prove that this transformation has occurred. Spending four decades in payments has caused me to pause and reflect on payments in the 1980's. CHAPS had been live for... Continue Reading →
Mike Chambers | 3 February 2019 https://m.youtube.com/watch?feature=youtu.be&v=fBfBy8xVZRg Bacs (now part of Pay.UK) recently released the Current Account Switching Service (CASS) data for the quarter ending 31 December 2018. The last quarter of 2018 was strong for Bacs and the account switching service with 235,000 switches successfully completing (up 22% compared to Q3 2018). The quarter... Continue Reading →
“Consumers should be able to decide for themselves how they pay. For us, it is important to have a broad mix of options and that efficient methods for payment are available” - Burkhard Balz, Bundesbank, Germany.
