Showing results for 'AI' in Articles
7648 Articles | 1866 Magazines | 62 Research | 77 Whitepapers

Central Bank of Brazil approves PayRetailers’ acquisition of Transfeera

20 Dec 24 @ 13:01

The Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have officially approved the acquisition of Transfeera, a fintech specialised in payment solutions for businesses, by... read more

Mastercard and JPMorgan revolutionise cross-border payments with blockchain

20 Dec 24 @ 12:48

Mastercard and JPMorgan Chase have announced a ground breaking partnership – combining their strengths in blockchain technology – to revolutionise cross-border business-to-business (B2B) payments. This collaboration integrates Mastercard’s Multi-Token Network... read more

Lessons learned in scaling up generative AI for financial services

18 Dec 24 @ 12:38

Generative AI (Gen AI) has emerged as a transformative force in the financial services sector. Within just a year, financial institutions have shifted from experimentation to scaling Gen AI programs,... read more

Visa Direct funds available in cardholder accounts in 1 minute

13 Dec 24 @ 10:48

Visa has announced that with Visa Direct, funds transferred to US bank accounts will be available within 1 minute or less starting in April 2025. Consumers, businesses and governments can... read more

Can you pay for entertainment with cryptocurrencies?

13 Dec 24 @ 10:18

Cryptocurrencies have taken finance a few steps forward by changing how funds are sent and received. This improvement cuts across nearly every sector that collects payments for various reasons. In... read more

First fully regulated, EU licensed, blockchain-based trading venue

03 Dec 24 @ 10:10

In a ground breaking development poised to redefine global capital markets, 21X has become the first ever entity to receive a license to operate a blockchain-based trading and settlement system... read more

Major retailers switch to the multi-lender retail finance platform

28 Nov 24 @ 17:33

A comparison-at-checkout retail finance provider, has announced a period of rapid acceleration, with a 50% month-on-month surge as major retailers embrace its multi-lender comparison approach. Built on extensive POS and... read more

INGKA and Raiffeisen Bank International transform operations with new ERP system

27 Nov 24 @ 18:20

In the swiftly changing world of international commerce, the importance of forming strategic partnerships to ensure easy, secure and inclusive payments for all consumers has never been more crucial. Aiming... read more

Wero gains momentum – launches in Belgium

25 Nov 24 @ 18:32

The European Payments Initiative (EPI) has officially launched Wero, a mobile wallet and instant account-to-account payment solution, in Belgium. Following successful rollouts in Germany and France earlier this year, Wero... read more

Why have Neobanks failed to unseat the incumbents?

21 Nov 24 @ 17:29

A decade ago, neobanks like Monzo, Starling and Revolut emerged as fintech trailblazers, aiming to disrupt the dominance of traditional banks. They promised a seamless digital experience, transparency, and innovative... read more

Brazil’s central bank pioneers blockchain trade finance solution

21 Nov 24 @ 17:03

The Central Bank of Brazil (BCB) has taken a significant step in the second phase of its digital currency pilot, DREX, by partnering with Banco Inter, Microsoft Brazil, 7COMm, and... read more

Spain leads instant payments EPC OCT Inst scheme adoption

19 Nov 24 @ 17:23

Spain has achieved a ground breaking milestone in the evolution of global payments by becoming the first European banking area fully connected to the European Payments Council’s (EPC) One-Leg Out... read more

Klarna files long awaited IPO in US

13 Nov 24 @ 13:30

Klarna, the Swedish buy-now-pay-later (BNPL) pioneer, has taken its first step towards going public, marking a major development in the fintech world. Klarna disclosed on Wednesday that it has confidentially... read more

E-commerce to capture 41% of global retail sales by 2027

12 Nov 24 @ 10:24

The e-commerce sector has transformed dramatically over recent years, with a notable shift during the pandemic when many retailers and consumer packaged goods (CPG) companies experienced accelerated online growth. However,... read more

UBS successfully pilots blockchain-based UBS Digital Cash

07 Nov 24 @ 17:11

UBS has made significant strides in transforming cross-border payments through its latest innovation, UBS Digital Cash. This blockchain-based payment solution aims to increase efficiency, transparency, and the programmability of corporate... read more

Global economies can save $3.13 trillion annually using AI to detect money laundering

30 Oct 24 @ 09:08

Global economies can save $3.13 trillion by using AI to detect and prevent money laundering and terrorist financing, which costs trillions of dollars annually, according to the inaugural Napier AI /... read more

Banks file lawsuit against CFPB over data privacy rule

23 Oct 24 @ 18:09

Its been a bad week for the CFPB…on the 21st October The Financial Technology Association (FTA), representing major BNPL (Buy Now, Pay Later) providers, filed a lawsuit against the US Consumer... read more

Swift introduces AI-powered cross-border fraud detection

16 Oct 24 @ 14:27

In a move that signals the future of cross-border payments security, Swift is set to launch an AI-driven anomaly detection service to combat financial crime more effectively. Beginning in January... read more

Checkout friction and unfriendly policies are costing retailers

14 Oct 24 @ 16:14

Forter has released findings from its 2024 Consumer Trust Premium Report, which explores the evolving relationship between consumer shopping habits and brand trust, based on 2,000 survey respondents in the... read more

CBI and SEPAmail.eu set up interoperable IBAN Name Check

09 Oct 24 @ 15:01

In a strategic move to combat fraud and ensure more secure cross-border payments, SEPAmail.eu and CBI have joined forces to offer an interoperable IBAN-Name Check solution. This collaboration will help... read more

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Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more

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