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Microsoft recently announced the introduction of the Coco (or Confidential Consortium) Framework. A ‘first of its kind innovation’ as they named it, designed to work with any ledger or operating sys
What is PSD2? PSD2 is the second iteration of ‘Payment Services Directive’ (PSD), a European Union (EU) directive first introduced in 2007 to regulate payment services and payment service providers (P...
At the occasion of the 2017 Standards Forum to be held at Sibos in Toronto, Canada from 16 to 19 October, I interviewed a number of SWIFT standards experts about the content of this year's programme....
Of all industries banking has been amongst the slowest to migrate core processing to the cloud. There is no doubt that the few cloud providers that started their businesses purely designed for the clo...
Volcker Rule is a federal regulation that restricts banks from making speculative investments with their own customers’ accounts. The rule was proposed by former US Federal Reserve Chairman Paul Volck...
In April of 2018 European investment firms will be required to publish their first ever disclosures about quality of trade execution, under the guidance of MiFID II's RTS 28. At first glance, one migh...
The demands of today’s shopper can make a retailer’s head spin. They love shopping online, but are more likely to buy in-store, they hate queuing but won’t do anything about it. They see shopping a...
When innovations start to create real value, the authorities start to regulate. So if you want to see where value is being created, have a look at where new regulations are coming into force. The di...
It is no secret that the PSD2 regulation will open up the playing field to Fintechs and to the creation of AISP’s (Account Information Service Providers) and PISP’s (Payment Information Service Provi...
Earlier this year my bike was stolen from my apartment block in London. Sadly I was not the only victim as a number of my neighbours also had their bikes stolen from the bike rack inside the gated bas...
It is staggering to write this down, but contactless in the UK is nearly ten! And it’s exciting that ‘tap and go’ payments are going from strength to strength. Since the introduction of contactless ca...
2018 is set to be a very interesting year - particularly if your role has anything to do with payments or data. The go live date for PSD2 is Saturday 13th January and GDPR a short five months later, o...