Fintech News Issue #75 July 6th, 2016

Bruno Cambounet, VP Banking and Financial Services, Axway, discusses the different approaches to PSD2 in different European markets, the interest of banks outside the SEPA zone – such as in the US – in the competitive implications of access to accounts, and the need for banks to be able to orchestrate open APIs to make payments a seamless part of bigger processes, while retaining flexibility to cope with future change.

Sam Maule hosts Breaking Banks in this episode, and interviews Duena Blomstrom, Leda Glyptis and Devie Mohan from London’s fintech scene. Plus, Radius talks virtual banking.

Even if most of us are using cash less and less in our daily lives these days, fact is that it is much harder to track than digital transactions. Amine* is one of those people not afraid to take extreme and illegal measures for his cash. Nearing 30, he's currently employed in retail but supplements his income with some excessively lucrative robbing. He agreed to talk to me about one of his biggest jobs.

As noted by the FCA, in terms of immediacy, much UK regulation derived from EU legislation will remain applicable until changes are made by the UK Government and Parliament post-Brexit.

Considering the number of times the term “customer experience” is used in business circles every day — and often preceded by the word “the” — you would think it was a well-understood concept.

London has a thriving Fintech community. Our aim once again is to unite the world of Fintech in the world’s financial capital. Fintech Week is a series of conferences, workshops, hackathons, meetups and parties. Each day we focus on a different topic. Visit the FinTech Weekly Conference Page for your 15% discount!

As Opal Group's flagship event, The Family Office & Private Wealth Management Forum has become Opal Group's largest family office event in the world. Discussions will cover a wide variety of investment topics including direct investing, impact investing, non-correlated assets, and more. Come join us this July--the forecast calls for fun, networking, and favorable prospects for preserving your family's wealth.

Leda Glyptis says that, post-Brexit, those within the fintech ecosystem need to do something, and it needs to be measured and swift.

As legacy financial institutions strive to provide more digital functionality, the role of the CIO has become more important than ever. CIOs must build internal collaboration, foster a start-up culture, acquire new skills and assume new responsibilities.

The payments industry absolutely loves its acronyms: PSD2, HCE, NFC, ECB. But what do they all mean? If you think you know, then this is the quiz for you!

So many of you have done ‘How well do you know payment acronyms?’ that we absolutely had to do a follow up! You know what NFC, HCE and RFID stand for, but what about VbV, FinCEN and more? Take our second acronyms quiz and find out whether you’re the king of the acronyms!

An interview with Diana Briggs.

Fresh off the back of winning PayExpo’s Payments Power 10 list this year, Andrea Dunlop, CEO of cards services and acquiring at Paysafe group is launching a new networking event for women in the payments tech industry.

Banking has always relied on trust, and there's no difference as technology advances says JP Rangaswami