Future Proof Payments Systems

Dominic Broom, Treasury Services, at BNY Mellon introduces the weekend’s theme and introduces the challenge

The payments business is undergoing a period of enormous transformation.In fact, even our understanding of the word “payment” is evolving, as we explore new definitions and iterations of what constitutes a transfer of value.

So what has caused such unprecedented change?

  • Firstly, the digital era is very much upon us. Technology is embedded in our every-day lives, fuelling greater expectations for flexible and mobile solutions, capable of facilitating modern-day lifestyles. Global commerce has become increasingly digitised and 24/7;supported by sophisticated technology that enables instantaneous multi-channel transfers of value and accompanying data, irrespective of location or payment type. Technology has also enabled the entrance of new types of payment providers, to a market traditionally dominated by banks; thereby creating a fundamental shift in service and product provision.
  • Secondly, shifts in economic power are creating a much more multi-polar and international world, which coupled with changing demographics, is leading to shifts in global commercial activity.  This is resulting in a renewed focus on payment speed, efficiency and cost, which in turn is driving innovation in new types of payments, and the need to navigate a broader range of markets, through a broader range of channels.

But the fact is that banks are struggling to respond. Cross border banking infrastructure has simply been unable to keep up with the pace and extent of these market and customer changes, and most legacy payment systems were not designed to provide real-time payments.As a result, banks face numerous challenges:

  • They need to provide a digitally enabled, seamless and easy-to-use service to clients, when the behind-the-scenes reality is anything but that. This is especially challenging when payments infrastructures, payment scheme standards, business practices, cultural preferences and regulatory requirements currently differ between countries.
  • Banks also need to both comply with and adjust to an unprecedented and increasing onslaught of regulation.This affects the business strategy, revenue streams, and requires far greater transparency and control of the reporting and interpretation of data, resulting in significant additional cost.  This cost is both financial and an opportunity cost, as limited technology resources can result in non-regulatory innovative projects become deprioritised.

So how can we overcome these challenges and provide the commercial payment capabilities that new and future business leaders expect? How can we provide a payment mechanism that is fit for the 21st century: one that can be layered onto or built into legacy infrastructure, whilst remaining flexible to future adaptation in line with market developments, and taking into account the more complex monetary and data components of a modern-day transfer of value?

This is your task: to conceive a future-proof payments infrastructure that seamlessly supersedes existing payment systems,whilst addressing the need to provide greater transaction speed, security, flexibility, accessibility and data-enrichment. This all needs to result in lower cost, while complying with current and upcoming regulation, and take international payment standards and legacy infrastructure into account.

BNY Mellon experts will be on hand to offer guidance and answer any queries. Be creative; as unparalleled change equates to an unparalleled opportunity to reshape the world of payments.I look forward to seeing your visions for the future.

Author of post: Dominic Broom, Treasury Services, at BNY Mellon.

Return of the GIF – Giffie Wins SW Southampton 15


That was epic – Startup Weekend Southampton 2015 – A big success!

Thanks to everyone who made this event a success! Here is a list of the winning teams and their prizes:

1st Prize: Giffie

·               Android Tablets

·               Creative Tim “Get Shit Done Pro” kits

2nd Prize: Lock8or

·               Bluetooth Speakers

·               Creative Tim “Get Shit Done Pro” kits

3rd Prize: Destinatiofor.me

·                  Creative Tim “Get Shit Done Pro” kits

Best Multimedia: Talking Toy

·                  Amazon Fire TV Sticks

Best Pebble watch Hack: Safety Pebble

·                  Pebble Watches

Best Life Hack: Tap Tapp

·                  Amazon Fire TV Sticks

Best Entrepreneur: Food Recycle – Norbert Naskov

·                  Digitiser Pen

Best Designer: Whereabouts – Bence Szikora

·                  Creative Tim “Get Shit Done Pro” kits

Best Hardware Developer: Lock8or – Jack Walker

·                  Creative Tim “Get Shit Done Pro” kits

Best Software Developer: Safety Pebble – Manuel Lopez

·                  Creative Tim “Get Shit Done Pro” kits

Most active Twitter: Marina Svishcheva

·                  Bluetooth Headphones

Video Gaming tournament winner: Valentine Orji

·                  External Battery


Stay tuned for updates on the next SW Southampton!



Teams of #SWS15

Southampton SW TEAM – DEMO LIST!

Here are the demo teams and what they are building this weekend at Startup Weekend Southampton 01/2015. * Interested in watching the pitches? Buy a demo ticket here at

Hope to see you there!


A service which guides college students on how to get where they want to be


NFC to object mapping, to allow you to control the action


Real-time Meetup: find all socials in your local area, check in & discounts


how to’s in gif format

Food Recycle

app to automatically collects the use-by date and helps reduce food waste


Intelligent bike lock, alarm, and GPS tracker

Safety Pebble

Enhancing Safety, Saving Lives

Talking Toy – ‘Peachy the Piñata’

The Toy can talk the fairy-tails & read audiobooks controlled from the App




Meet a Silver Sponsor…..Pebble


Three years ago, Pebble was made possible by 68,929 Kickstarter backers who supported our vision. Since then, we’ve grown to over a million, with many of you creating custom watchfaces , charging stands, watch straps, watch wraps, and more for the community. Thank you! We’re glad to have made a product that so many have supported.

We have grown a lot — from one founder, to nine employees, to a team somewhere around 130 (depending on who is out sick). But we still make the same watch we thought was cool back in 2011. It is used for more things everyday and big and serious companies are partnering with us. But we are still Pebble. We are making a watch that people love using everyday.


Tickets & Info: http://southampton.up.co/events/6255

Lets Support People in Nepal


The Nepal candle lighting event last night was beautiful. It makes us smile to see people go out of their way to support others in distress. So, this inspired us to do something to help the people that are living in fear, after the massive 7.9 Richter earthquake on Saturday.
So what we suggest: The next 10 people to buy Startup Weekend tickets will get their tickets for FREE with the condition to donate £25 through this link to help people of Nepal: http://bit.ly/1ziWshm
Your donation will be match funded (doubled) so this will give £500 towards helping people in Nepal.
To get the ticket for free contact Callum (http://on.fb.me/1IpbYtV) or Ali (http://on.fb.me/1Ipc8Bz) to get a special code and promise us that you will donate ASAP-We take your word for it!
You are not alone Nepal.

Meet a Silver Sponsor…..ECS


In Electronics and Computer Science (ECS), we have created an environment that has inspired an extraordinary level of achievement. ECS is one of the best places in the world to study electronics and electrical engineering, computer science and IT. ECS is regarded by the IET as having the “biggest and strongest department in the UK in Electrical and Electronic Engineering.”

Founded in 1946 by Professor Erich Zepler. It offers 23 undergraduate courses (in computer science, Web Science, electronic engineering, electrical and electromechanical engineering and IT in organisations), 11 MSc intensive one-year taught programmes and PhD research opportunities.

Innovation and creativity make ECS a great place for students to thrive. Excellent facilities, key partnerships with major industries and a world-leading research base ensure that your time studying with us will be productive, challenging, enjoyable and will set you on the road to future success.


More Info: Startup Weekend Southampton Website


Meet a Silver Sponsor…..Creative Tim


Creative Tim stands for everything a designer looks in his work: clean, functions interfaces for great products. He loves design, no matter the software it was created in, but at the moment he has a soft spot for Bootstrap. That is why he decided to get together a group of designer friends and create content for this particular software that would help you enjoy its benefits. Tim symbolizes the creative spirit inside of each and every one of us. A designer by trade, he enjoys making the World Wide Web a more beautiful place and helping others do the same. He promises to put all his time and effort into providing you with handcrafted content that you will fall in love with and that will have you come back for more every time you start a new project.

Being a startup itself, the team at Creative Tim strive to support startups.


More Info: Startup Weekend Southampton Website

Meet our GOLD sponsor….Bloomberg

Bloomberg blog

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg LP ​quickly and accurately delivers business and financial information, news and insight around the world.

People from the Bloomberg Grad Team will be available at the event for you to chat to them in a friendlier manner than Graduate fairs and most other grad related events. #SWSoton  http://jobs.bloomberg.com/

More Info: Startup Weekend Southampton Website


Startup Weekend Southampton – Uni Edition

Startup Weekend Southampton
May 1st, 2015

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Startup Weekend Hamburg recently finished and their awesome video is hyping us for the 4th Startup Weekend Southampton. 1st of May is almost here and your organising team has planned so many amazing things for you. You should not miss this event. HackaSoton is known to organise the Craziest Startup Weekend in UK and we are finishing this year with a BANG! Be sure that you will have the Best Coaches, Awesome gadgets, coolest prizes, yummiest food and most importantly the best time…

First thing first: Discounted early bird tickets finish at 9pm on Friday 24th of April. After that you can buy tickets at their normal price. Buy your tickets now to qualify for the discount.

Second thing second!? : We are co organising Startup Weekend with the Dragons’ Den event ran by ECS Entrepreneur. As a Startup Weekend Attendee you can attend the Dragons’ Den as a spectator or to pitch your idea for real money in change of equity. If you want to pitch at the Dragons’ Den you need to send your (short) application here by end of Friday 24th of April.

Third thing third: If you cannot attend the whole weekend (What can be more important!!) but still want to experience how amazing Startup Weekend is, you can become a volunteer and help the event run during the weekend while meeting amazing people, Playing with great tech and eating mega awesome food. Just apply for a Free volunteer ticket.

Who you’ll meet at Startup Weekend:

Startup Weekends attendees’ backgrounds are roughly

  • 40% technical (developers, coders, designers).
  • 40% business (marketing, finance, law).
  • 15% Non-technical (Here for the awesome experience).
  • 5% volunteers (Help at the event).

Why people come to Startup Weekend:

29% of Startup Weekend participants attend an event to network,

20% attend to develop/build a product

13% attend to learn how to create a new venture.

27% attend to try something new

11% other reason

After the conference is over, roughly 80% of attendees plan on continuing to work on their startup after the weekend.

What you’ll get out of Startup Weekend Southampton:

  1. Education: Startup Weekends are all about learning by doing, whether you’re learning a new skill or a new way of thinking.  Don’t just listen to theory, build your own strategy and test it as you go.
  2. Co-Founder Dating: The people who come to Startup Weekend are serious about learning how to build and launch startups.  Create relationships that last long past the weekend.
  3. Have fun: During the weekend working alongside awesome people who share your ideas. Startup Weekend is meant to be fun and entertaining so enjoy it.
  4. Solve local problems with your ideas. Do you think that one of your idea can change your town or have a positive impact in your group of people? Bring your idea notebook with you and start making a positive change in your local community.
  5. Build Your Network: Startup Weekend works hard to recruit high quality, driven entrepreneurs- like you!
  6. Learn New Skills: With a whole weekend dedicated to letting your creative juices flow, Startup Weekends are perfect opportunities to work on a new platform, learn a new programming language, or give marketing a try.  With nothing to lose there’s no reason not to step outside your comfort zone.
  7. Learn How to Launch a Business (and Actually Do It!): Startup Weekend is the epitome of Lean Startup Methodology.
  8. Mentorship: Local tech and startup leaders participate in Startup Weekends and give feedback to participants. Interact with the movers and shakers in your community.


So come to the event to gain invaluable skills and experience. Also get yourself in a getting work done mood just before the exam season. All while having the awesomest time.
More info Check our links
Web: http://southampton.up.co/events/6255
Facebook: https://www.facebook.com/events/1627634454124765/
See you there


Music and Literature Industries Ripe for Disruption?

Startup Weekend Sheffield
June 26th, 2015

Pause your playlist. Fold the corner. And other ‘hold the phone’ analogies as well. You heard us right. The next Startup Weekend Sheffield will be the first IN THE WORLD to attempt to launch startups who disrupt the music and literature industries with technology.

FIRST IN THE WORLD. That’s pretty cool.

And we’ll be bringing you a kick-ass set of coaches, mentors, speakers, and judges to help you take your startup from concept to launch… and beyond. This event will also welcome some amazing new sponsors for Startup Weekend Sheffield, and with them come great prizes to help you get a leg up post-event.

There are many reasons you should come to Startup Weekend Sheffield: Music & Literature. But here are some of the reasons our organisers are excited to be part of this event…

Kate Geller
Growing up in Sheffield surrounded by everything from folk to niche I have always been a huge music fan and working at The Innovation Centres I am passionate about the power of startups to drive diversity and innovation. At university I started to research the connection between music and social inequalities, I explored hip hop as a social movement questioning racism, then for my Masters curated a tour of women’s experiences in music for the Sheffield Music Map. For me disruptive technology in music helps to democratize it, for example accessible affordable production software like Fruity Loops and Reason and pirate radio stations run out of bedrooms and garages helped Grime and UK Hip Hop to flourish and created a public voice to a marginalised group. Even artists like Justin Beiber, who started as a Youtube star, are dependent on new technologies. Disruptions in music technology allow music to be made in new ways, allow us to access different types of music and allow musicians and producers to be in control of their own destiny. I’m really excited to see what comes out of Startup Weekend Sheffield: Music & Literature and what potential effect it could have on the music industry.

Elizabeth Shassere
It is a real privilege to be a part of Startup Weekend Sheffield: Music & Literature this June. I participated in my first Startup Weekend Sheffield last November and I got so much out of it, and the people I met as part of it have continued to be so supportive, I am keen to give something back. This unique focus on music and literature also brings together two of my favourite things with the technology I was introduced to and continue to learn since my first Startup Weekend experience, and I can’t think of a better way to widen both the artistic community and digital community’s thinking about the potential of both when we come together. We can truly be disruptive when we share our skills and perspectives, and a Startup Weekend is a fun way to do just that!

Samantha Deakin
I can’t profess to work in either the music or literature industries, but like most other people am a lifelong consumer in both. I have felt the changes the disruptions in these industries have had on the way we experience music and literature. I now carry all of my books with me wherever I go on my Kindle and research what I should be reading next through Goodreads. I listen to playlists on Spotify that I’ve not even had to create. I change my soundtrack every day depending on my mood rather than my music collection. A true Startup Weekend addict, I too am intrigued and excited to discover where new innovations – through tech and entrepreneurship – will take music and literature. It would be awesome if the next big thing were to start right here in Sheffield.

Tickets for Startup Weekend Sheffield: Music & Literature are officially on sale at the incredible early bird rate of £40. Students can get a great deal by entering the promotional code ‘STUDENT’ for a 20% discount (you’ll need to show us your student ID on the door). Prices will go up to the standard rate of £50 from the beginning of June.

Who will take the first gamble on their startup…

Register now: http://www.up.co/communities/uk/sheffield/startup-weekend/5647