Summer already feels like it was an age ago! Its a bumper Payments News edition with plenty of interesting cybersecurity, bank, fintech and SWIFT related stories. Check out the following top payments news stories for September 2016:

1. Payments News – Cyber Security

• MoneySavingExpert.com issues contactless card fraud warning
• New York governor Cuomo announces proposal for Cybersecurity Regulation to protect consumers and financial institutions
• When it comes to biometrics, Brits trust Banks says Visa
• Payments security is being reviewed by central banks
• UK telephone fraudsters, posing as bank staff. steal £113 million!
• Samsung launch MVRS (Mobile Voice Recording Solution) for Galaxy mobile devices

2. Payments News – Mobile Payments

• PayPal and MasterCard team up
• Visa will launch a mobile payments service in Kenya to take on M-Pesa

3. Payments News: Digital / Crypto-currencies

• Barclays and Wave complete a global trade finance transaction (letter of trade) using blockchain technology
• Santander – To Bitcoin or Not To Bitcoin?
• Ripple sign up major banks, and launch Global Payments Steering Group (GPSG)

4. Payments News: Banks

• Wells Fargo fined for fraudulently opening about 1.5 million bank accounts
• Commwealth Bank and Barclays join forces to enable mobile payments between the 2 countries
• The Bank of England release a plastic £5 note or fiver
• Deutsche Bank open a data lab – The Hive – in Dublin
• BNP Paribas opens a Fintech Lab in New York – dubbed the Innovation Zone
• Deutsche Bank chief, John Cryan, writes an open memo to employees
• Bank of England propose a 2020 deadline for RTGS system
• In its bid to become a technology company, Deutsche Bank launches a “Digital Factory” in Frankfurt

5. Payments News: Fintech

• Hong Kong Monetary Authority sets up a fintech innovation hub
• Innovate Finance launches its East Coast Fintech program in New York to establish greater fintech ties between the UK and US fintech sectors
• The Future of Fintech in Scotland
• Facebook Messenger allows in-app payments without needing to send users to an external website
• Societe Generale – Damien Jamet: Learning from FinTech – Can we fail fast, and learn fast (Securities view)
• Ripple secures $55 million funding and adds further banks
• Innovate Finance give a post-Brexit fintech update
• Same Day ACH (faster payments) goes live in the US

6. Payments News: SWIFT

• SWIFT announce tools to help customers detect fraudulent payments
• SWIFT introduce mandatory customer security requirements
• ECB talks at Sibos about DLTs – distributed ledger technologies
• Ripple shake up Sibos 2016
• Sibos 2016 -
  • Day 1: Banking Technology, Finextra, Sibos
  • Day 2: Banking Technology, Sibos
  • Day 3: Banking Technology, Ericsson, Sibos
  • Day 4: Banking Technology, Microsoft
  • Microsoft at Sibos

7. Payments News: Reports

• Survey conducted by IDC Financial Insights and sponsored by SAP reveals 6 out of 10 banks are open to partnering with fintech startups
• McKinsey report on how digital finance can enable growth in emerging economies
• Deloitte with All Street Research publish Connecting Global FinTech: Hub Review 2016
• Finextra and Axway release their findings on PSD2
• When it comes to blockchain, move quickly say IBM

That’s it folks! Let me know below if I missed anything important…

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