Artificial Intelligence (AI)

Showing Latest Artificial Intelligence (AI)

AI-driven ID Fraud: The battle against financial crime

08 Oct 24 @ 16:48

As artificial intelligence (AI) continues to impact industries, the financial services sector faces a growing threat from AI-driven ID fraud. A recent report, “The Battle Against AI-Driven Identity Fraud“, highlights... read more

The Power 50 launches Payments vertical

01 Oct 24 @ 09:22

Nominations are now open for The Payments Power 50 2025, the new annual guide showcasing the most influential and innovative companies, along with visionary leaders shaping the future of the... read more

AI in business: Tangible value is underwhelming (currently)

27 Sep 24 @ 11:43

In the same week that The Bank of England called on financial services firms to join its AI consortium, Cledara have released finding of a report that, at it heart,... read more

Using AI-enabled analytics to thwart AI-enabled fraudsters

26 Sep 24 @ 09:00

A new white paper from Visa, Using AI to Secure the Future of Payments, highlights the changing characteristics of the fraud landscape, and what payment businesses need to do to... read more

Mastercard acquires Recorded Future for threat intelligence capabilities

13 Sep 24 @ 09:50

Mastercard has expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future from Insight Partners for $2.65 billion. Recorded Future is the world’s largest threat... read more

North American banks bet big on technology to stay competitive

04 Sep 24 @ 16:55

The North America Banking Report by Temenos reveals a crucial shift in how North American banks are responding to the technological revolution. With 90% of banks in the region identifying... read more

AI and Cybercrime are the top fraud concerns for businesses

02 Sep 24 @ 17:03

Experian has released its 2024 Identity and Fraud Report revealing that generative AI (Gen AI), deepfakes and cybercrime are critical threats putting intensifying pressures on businesses. Top fraud concerns and... read more

AI: A double-edged sword for Fortune 500 companies

28 Aug 24 @ 12:04

A few days ago Klarna made the announcement that it plans AI driven cuts to its workforce with plans to axe almost half of its staff, as the lossmaking Swedish... read more

The growing importance of payment security in the digital age

06 Aug 24 @ 16:56

In today’s increasingly digital world, the importance of payment security has never been more critical. With the exponential growth of online transactions and the rise of sophisticated cyber threats, businesses... read more

Card fraud projected to rise 21.5% as AI-linked fraud bites

25 Jul 24 @ 10:13

2024 data from Merchantsavvy projects[1] that fraud related to payment cards will rise by 21.5% to hit $43.47 billion by 2028 as new forms of fraud such as Synthetic ID,... read more

The unstoppable rise of AI chips: Implications for Banking and Payments

09 Jul 24 @ 10:16

Artificial Intelligence (AI) is revolutionizing the world at an unprecedented pace. From DeepMind’s victory over Go champion Lee Sedol in 2016 to the sophisticated predictive abilities of OpenAI’s ChatGPT, the... read more

An introduction to the AI Act: What you need to know

27 Jun 24 @ 16:41

Whether you’re an organisation using AI-driven chatbots for customer enquiries, developing predictive algorithms for credit risk, or image recognition software for security purposes, the upcoming legal obligations of deploying certain... read more

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Agentic commerce triggers new battle over checkout control

27 Jan 26 @ 17:55

The rapid advance of agentic commerce is forcing e-commerce platforms to confront an uncomfortable question: who controls the checkout when machines, not humans... more

Pay by Bank – The future of Europe’s payment sovereignty

28 Jan 26 @ 22:23

Europe’s strategic autonomy debate has expanded far beyond defence and energy. [caption id="attachment_57038" align="alignright" width="400"] Pay by Bank... more

NRF: Agentic Commerce – from concept to commercial reality

26 Jan 26 @ 22:01

At NRF Big Show in New York, agentic commerce emerged as more than a futuristic talking point. [caption id="attachment_57648" align="alignright" width="375... more