Friday, 29 April 2016
Behind closed doors in a small office, off an nondescript corridor, in a rather large building on Rue Wiertz in Brussels, Belgium a hushed conversation took place last month. Shortly afterwards a piece of European Parliamentlegislation was quietly shelved. It carried the rather dull title of “Directive 2009/125/EC” and it was one of the most dangerous documents in Europe!
Thursday, 21 April 2016
At the same time, within the online world, criminals are diversifying, borrowing each other’s methods and innovating on a new level to fulfil their demands.
Friday, 15 April 2016
Centuries, if not millennia, have passed and we are now in the electronic, or digital, age. The wallet and/or purse are still with us albeit with that all important prefix the ‘E.’
Tuesday, 12 April 2016
Goldman Sachs jumped in late in 2015 by making a patent application for a cryptocurrency settlement system, called SETLcoin, which it reckons will offer, “nearly instantaneous execution and settlement” of trades including stocks and bonds. This decentralised, cryptography-based solution cuts out the middle man. It has the potential to redefine transactions and the back office of a multitude of different industries.”
Monday, 11 April 2016
This complex connectivity infrastructure is business critical, delivering reliable resiliency, but is also very expensive, from hardware to leased lines and exchange memberships. There is, without doubt, both significant duplication and under-utilisation of these key resources.
Friday, 8 April 2016
There was (as is often the case with such industry gatherings) a huge amount of hot air generated at Money 20/20 Europe, which took place in Copenhagen this week. Twitter was awash with people raving about how various new fangled offerings are going to rewrite the payments rulebook. Virtual reality headsets are the next big thing. Biometrics is a must have. Social has changed everything, blockchain technologies rock, etc etc.