Showing results for 'AI' in Articles
7651 Articles | 1866 Magazines | 62 Research | 77 Whitepapers

COVID drives explosive market growth of digital identity through face verification and liveness detection

22 Feb 21 @ 15:17

COVID-driven acceleration of digital transformation has intensified the need for secure, reliable and trusted digital identity. Citizen and consumer embrace of “digital first” and “digital only” in the wake of... read more

Davos and digital currencies – What world leaders think of cryptocurrency

22 Feb 21 @ 15:16

Digital currencies, whether these are central-bank issued, price-stabilised cryptocurrencies (“stablecoins”), or non-stabilised cryptocurrencies such as Bitcoin, are poised to have an impact on the financial system. In recent months we... read more

Banking Circle identifies evidence of increased costs for EUR payments from UK as a result of Brexit

22 Feb 21 @ 15:15

Banking Circle has identified an issue affecting some financial institutions handling cross border transactions from the UK to the EU. It seems Brexit has caused a number of EU banks... read more

Top ten global banks lost $23 billion in brand value in 2020

16 Feb 21 @ 17:54

Difficult economic trading conditions and the challenger banks’ evolution of last year has sliced a share of the leading traditional banks’ brand value. The pandemic ushered in a new era... read more

Report: Results of the third BIS survey on central bank digital currency

16 Feb 21 @ 17:44

Most central banks are exploring central bank digital currency (CBDCs), and their work continues apace amid the Covid-19 pandemic. As a whole, central banks are moving into more advanced stages... read more

girocard hits new highs in Germany as population moves to contactless payments

12 Feb 21 @ 16:07

Germany’s girocard remains on the road to success in a year defined by the COVID-19 pandemic, with almost 5.5 billion transactions in 2020, it reached a new high at the... read more

Belgian and French card payments data show tough signs of recovery

12 Feb 21 @ 09:54

The normally robust card payments markets of France and Belgium are showing the effects of COVID. Monthly card volumes from STET are showing a distinctly difficult start to 2021 for... read more

Polish mobile payments platform BLIK post record numbers

11 Feb 21 @ 17:19

Outside of the Nordics, BLIK, the Polish mobile payments super app is perhaps the next best performing digital payments “standard” at a domestic level. In Q4 2020, BLIK users in... read more

Mastercard announces it will allow cryptocurrencies on its network

11 Feb 21 @ 16:32

Hot on the heels of Visa and its recent announcement, Mastercard says it will begin allowing cardholders to transact in certain cryptocurrencies on its network, the latest company to embrace digital... read more

Brexit related interchange fees argument rumbles on

09 Feb 21 @ 16:01

Some of the many benefits that were predicted from Brexit may not realise their early promise and interchange fees may be top of that list! The Prudential Regulation Authority talked... read more

Market focus: What’s going on with cashless payments in Japan

09 Feb 21 @ 14:42

The Japanese payments market has long been something of a paradox between technological capabilities and the uptake of those technologies – cashless payments are the same. On the one hand,... read more

JCB move further into Europe with Worldline contactless payments deal

09 Feb 21 @ 09:22

JCB International and Worldine have expanded their partnership to support both the exchange of global e-commerce and the growth of JCB contactless payments enablement across Europe. Previously, the two brands... read more

SWIFT and PBoC set up JV for internationalisation of digital yuan

08 Feb 21 @ 17:33

SWIFT has set up a joint venture with the People’s Bank of China (PBoC), China’s central bank and its digital currency research institute and clearing centre, responsible for the digital... read more

PayPal wins in China…loses out in Indian payments market

08 Feb 21 @ 16:10

PayPal has been driven by market forces to close down its payment operations in India. Instead, it will scale up its existing cross-border business for small enterprises, to gain a... read more

E-commerce in Germany hits new high in 2020, now worth €83.3 billion

08 Feb 21 @ 15:02

E-commerce in Germany was worth €83.3 billion in 2020. This is an increase of 14.6% compared to 2019. The growth is significant, as the average growth over the previous three... read more

Top 10 mobile payment development trends to watch in 2021

04 Feb 21 @ 17:52

3.2 billion people worldwide used smartphones in 2019, and 3.5 billion in 2020. The move towards digital and mobile payment and commerce is so well document both by Payments Cards... read more

ACH Network sees record growth in 2020 to 26.8 billion payments

04 Feb 21 @ 17:15

Payment volume on the ACH Network experienced record growth in 2020 as the pandemic accelerated the nation’s shift to electronic payments. The 26.8 billion payments made on the ACH Network... read more

ECB set to make major announcement on digital euro plans

04 Feb 21 @ 17:02

The European Central Bank has announced that it will take the enormous decision in spring, whether to move ahead with the initial work to launch a digital euro. The complex... read more

Account take over explosion – incidents increased 20 percent compared to 2019

03 Feb 21 @ 17:59

It is becoming painfully clear that the pandemic is a boon of epic proportions for fraudsters. Between COVID-19 scams targeting consumers, the wholesale theft of government benefits, and playing on... read more

Ant forced to put payments group in financial holding company

03 Feb 21 @ 17:25

“If you mess with the bull, expect to get the horns”. So says American folklore – Jack Ma and his Ant group should have listened to the proverb. In just... read more

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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