Artificial Intelligence (AI)

Showing Latest Artificial Intelligence (AI)

Generative AI threats driving momentum for biometric identity

19 Mar 24 @ 18:13

By 2026, attacks using AI-generated deepfakes on face biometrics will mean that 30% of enterprises will no longer consider such identity verification and authentication solutions to be reliable in isolation,... read more

Deepfake data: AI to raise cyber risk in 2024

16 Feb 24 @ 17:10

As we turn our attention to 2024, James Wood says the advent of generative AI is going to create major security headaches for payments companies – amid other problems. In... read more

Revolut delivers AI scam protection product to users

15 Feb 24 @ 11:57

Just days after Revolut released research that indicated Meta platform were the leading platforms for the origination of scams, the fintech has release a new AI scam protection platform for... read more

Banks finally migrate from mainframes to AI-driven cloud technologies

08 Feb 24 @ 18:42

 NTT DATA has announced a new global banking research report entitled “The Digital Horizon: Banking’s Shift from Mainframe to AI-Driven Cloud Infrastructure”. The research has unveiled findings from a survey of... read more

Mastercard launches GenAI fraud detection

02 Feb 24 @ 17:33

Mastercard has introduced a new AI tool to combat fraud. Decision Intelligence Pro is “an advanced iteration of its renowned Decision Intelligence (DI) real-time decisioning solution” a Gen AI consumer... read more

FTC announce investigation into Big Tech AI funding

26 Jan 24 @ 18:19

The Federal Trade Commission has launched an inquiry into Big Tech investments and partnerships including Microsoft, Amazon and Google demanding information and documents concerning investment into AI developers, citing concerns... read more

The near-term impact of AI on the cyber threat

25 Jan 24 @ 16:34

During the Bletchley AI Safety Summit in November 2023, international leaders came together to discuss the vast potential of AI models in promoting economic growth, propelling scientific advances, and providing... read more

2024: Invisible payments, digital currencies, wallets and AI

24 Jan 24 @ 14:21

As 2024 begins to pick up pace, we continue to look at invisible payments, digital currencies, wallets and AI, the major themes for 2024. To that end Payments Cards &... read more

Generative AI: Chatbots that work?

23 Jan 24 @ 18:40

In a recent blog we debate the current wave of scepticism about AI. In brief, and outside its obvious applications in fraud detection and management, some senior executives have expressed... read more

Artificial Intelligence – finding value behind the AI hype

18 Jan 24 @ 18:12

As innovations go, Artificial Intelligence (AI) in payments has seen more hype than most. James Wood sorts the bits and bytes to ask where the value of AI in payments... read more

Three financial crime trends every bank should know of in 2024

18 Jan 24 @ 17:14

ComplyAdvantage has published its State of Financial Crime report. Built on a survey of 600 senior financial crime decision-makers worldwide, alongside experience working with more than 1,000 companies globally, it... read more

How the payments industry can optimise efficiency while creating value in 2024

20 Dec 23 @ 13:00

In today’s fast-paced and highly competitive business environment, payments providers face the dual challenge of optimising payment efficiency while creating value for their customers. This heightened attention towards the customer... 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