Daily news

Showing Latest Daily news

Artificial Intelligence in BFSI Market to witness 30% growth to $25 billion

30 Nov 18 @ 16:24

The Artificial Intelligence (AI) in Banking, Financial Services and Insurance (BFSI) market is projected to be worth over $25 billion by 2024. The need to provide an enhanced customer experience... read more

Venmo blacklists thousands of accounts as fraud losses mount

28 Nov 18 @ 16:50

It was only a few months ago that we published a report on the growth of P2P payments and what a success they were. Now teething pains have hit Venmo... read more

China and Russia to launch new payments system to avoid the US dollar

28 Nov 18 @ 15:09

China and Russia are reported to have agreed on a new bi-lateral payment system to boost the use of their national currencies in bilateral and international trade, underscoring their intent... read more

Resurs Bank roll-out electronic ID for signing digital credit agreements

28 Nov 18 @ 09:57

Resurs Bank has signed a deal with electronic ID supplier Signicat to provide instant mobile signing of credit agreements. Resurs Bank is the leader in retail finance in the Nordic... read more

Understanding the power of deep learning: A look at how this technology works

27 Nov 18 @ 16:48

Deep learning is a concept that most people know is valuable but do not understand. Global industries, however, are seeing it’s worth and investing heavily in the technology; the global... read more

Alternative finance industry report – business booming

27 Nov 18 @ 16:34

The UK online alternative finance industry market volume grew by 35% year-on-year to reach £6.19 billion in 2017. P2P Business Lending retained the top spot as the largest market segment... read more

Major banks join EU blockchain initiative – International Association for Trusted Blockchain Applications

27 Nov 18 @ 15:54

Two major banking groups have joined the EU International Association for Trusted Blockchain Applications (IATBA) a forum set up with the aim of gaining support for the European Union’s blockchain strategy. Representatives of BBVA and Banco... read more

The rise of digital and mobile wallet: Global usage statistics from 2018

26 Nov 18 @ 18:31

In 2014, Apple launched their first mobile wallet app, followed by Samsung and Android a year later. By 2022, it’s estimated that the transaction value of mobile payment apps will... read more

21 terrifying cyber crime statistics

26 Nov 18 @ 18:19

Unfortunately, with technology on the rise, there’s more room for cyber crime in 2018. According to the Cyber Security Breaches Survey 2018, 43% of businesses were a victim of a cyber security... read more

From trial to mass deployment: What is a biometric smartcard?

26 Nov 18 @ 18:01

2018 has seen the once futuristic biometric smartcard go from talk to trial. From the US to France, Lebanon to Japan, momentum is gathering as the benefits of fingerprint sensors... read more

Global e-commerce study – mapping consumer experiences

23 Nov 18 @ 16:48

Pitney Bowes has published key findings from the 2018 Global Ecommerce Study. As online retailers and marketplaces prepare for record volumes of e-commerce orders this holiday season, the study found... read more

Orange and MTN launch interoperable African mobile money service

23 Nov 18 @ 16:29

There are an estimated 690 million people who use mobile money services across the world, over 100 million of whom live in Africa. Now, Orange and MTN Group have launched... read more

Trending

Mastercard and BVNK Launch Platform Linking Fiat and Stablecoin Payments

20 Oct 26 @ 09:06

Mastercard has launched a new platform with BVNK that brings fiat currencies and stablecoins together through a single API, marking the first major integration ... more

Starling Builds UK-Sovereign AI Model With Nvidia and Civo

15 Oct 26 @ 19:41

Starling is developing a transactional foundation model with Nvidia that will be trained and hosted entirely within a UK sovereign cloud, as the digital bank lo... more

UK Moves to Open iPhone Contactless Payments to Apple Pay Rivals

22 Oct 26 @ 18:16

The UK’s competition regulator has set out proposals that could significantly widen access to contactless payments on Apple’s iPhone, potentially lowering b... more