01 Jun 23 @ 11:03

Kasisto, creators of KAI, have launched of KAI-GPT, the world’s first banking-specific large language model (LLM), designed to address the industry’s unique needs for accuracy, transparency, trustworthiness and customisation. Powered by... read more

31 May 23 @ 16:30

New Q1 2023 fraud statistics for North America and how they compare to 2022 have been released. The information is based on data collected from the US and Canada during... read more

31 May 23 @ 11:53

The European Central Bank (ECB) has published two reports on its market research and prototyping exercise, which were both conducted as part of the investigation phase of the digital euro project. The... read more

31 May 23 @ 11:11

Kearney has published the latest findings of its annual European Retail Banking Radar, which includes a channel survey, conducted annually in 12+ European countries since 2020. The research finds that following... read more

26 May 23 @ 12:57

The UK’s fraud reporting agency, Action Fraud, says cryptocurrency fraud has surpassed £300 million in 2022, an increase of more than 40%. Law firms said the data, provided by Action... read more

26 May 23 @ 10:10

New data from The Global Payments Report 2023 by Worldpay from FIS reveals rapid changes in how consumers in the United Arab Emirates (UAE) are paying for goods and services.... read more

26 May 23 @ 09:33

VC funding is under pressure as stressors from last year are also affecting 2023, according to Pitchbook. It also reports that European VC activity has continued to decelerate, with deal... read more

25 May 23 @ 12:57

A new study has found that the total value of mobile money transactions in emerging markets will reach $2 trillion by 2027, an increase of over $500 billion from 2023.... read more

25 May 23 @ 12:38

Stablecoin issuance is a monetary exercise comparable to what regulated banks do and should be supervised accordingly to ensure financial stability and consumer protection. This is according to the American... read more

24 May 23 @ 16:14

New sophisticated use cases for consumers and businesses are driving global Real-Time Payments (RTP) volumes to record highs, with 195.0 billion RTP transactions recorded globally in 2022 — a YoY... read more

24 May 23 @ 09:13

Stop Scams UK, a cross industry group of banks, telecoms providers and technology companies is launching a trial to gather intelligence on scammers in an effort to tackle the most... read more

23 May 23 @ 15:29

Despite government backing of domestic schemes in some markets, cards are increasingly being co-branded with international card schemes due to customer desire for maximum acceptance, rewards and other benefits. This... read more

23 May 23 @ 14:45

New laws or considerable amendments to existing finance and data rules will be required if the UK economy is to be fit to accommodate a digital pound, two lawyers told... read more

23 May 23 @ 09:03

Checkout.com has been granted a Retail Payment Services licence from the Central Bank of the United Arab Emirates. This makes Checkout.com the first global payments provider to be granted an... read more

22 May 23 @ 17:27

African banks remain resilient and committed to digitization to remain relevant in today’s competitive landscape. As competition heats up between the different players, AI is identified as key technological trend... read more

22 May 23 @ 15:11

A Finastra survey, produced in collaboration with East & Partners, indicates that banks are investing heavily in fintech partnerships and digitalization to help them adapt to customer and regulatory demands.... read more

22 May 23 @ 09:17

Tietoevry Banking has launched Tap on Phone – now available for partners and clients across Europe. This innovative solution allows merchants to accept payments from any contactless card or mobile... read more

19 May 23 @ 11:34

Matera has released a special report detailing adoption of Brazil’s highly successful Pix system of instant payments. Pix by the Numbers provides key insights for US and other markets financial institutions... read more