Weekly News In Brief: August 12, 2016

Faster Payments confirms link-up with Raphaels Bank; a Russian gang of cybercriminals appears to have broken into Oracle payment systems; the Philippines central bank fines Rizal Bank for its part in the Bangladesh Bank cyber-heist; Europe forecasts blockchain will affect the payments industry within the next ten years; and the FCA issues six warnings about unauthorised providers operating in the UK.

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