Showing results for 'AI' in Articles
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Compass Plus migrates Network International Egyptian Issuers

15 Apr 20 @ 10:35

Compass Plus has successfully migrated Network Internationals 12 Egyptian issuer processor clients (banks) to Compass Plus software from legacy infrastructures, applying its experience and expertise from similar global projects. Seeking... read more

Nacha report: The top 50 ACH payments Originators and Receivers

09 Apr 20 @ 10:14

The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2019 are now available. Among originating financial institutions, the Top 50 handled ACH volume of... read more

European Commission says it will review Mastercard’s Nets purchase

08 Apr 20 @ 14:16

The European Commission has accepted requests submitted by Austria, Denmark, Finland, Norway, Sweden and the UK to assess under the EU Merger Regulation the proposed acquisition of Nets A/S account-to-account... read more

Weathering the Storm: A consultation on the impact of COVID-19

07 Apr 20 @ 16:09

The Emerging Payments Association (EPA), which encourages collaboration and innovation within new and existing finance companies, has announces the outcomes of its first COVID-19 consultation. The detailed assessment, ‘Weathering the... read more

GSMA’s Mobile Money Regulatory Index

07 Apr 20 @ 12:34

In 2018, the GSMA launched the Mobile Money Regulatory Index, a tool that provides a quantitative assessment of the extent to which regulation has been effective in establishing enabling regulatory... read more

Fresh Marriott International data breach puts 5.2 million at risk

07 Apr 20 @ 12:06

Marriott International has sadly had to admit that it has suffered a second data breach following the earlier admission in 2018. According to an incident notification published on their website, the company spotted... read more

Report: The Latin American e-commerce market

06 Apr 20 @ 16:21

The Latin American e-commerce market in the countries selected for detailed study is worth $50 billion and is growing at a rate of 23% a year. Today, 34% of online... read more

COVID-19 outbreak is perfect storm for cybercriminals

06 Apr 20 @ 12:27

COVID-19 is forcing millions of employees to work from home. This means countless organisations are faced with a unique challenge: how to keep as many business-critical functions running as possible... read more

Curve removes numbers from cards issued

06 Apr 20 @ 10:15

As an insight to how far digitisation has come, Curve announced that it will no issue a new credit card without numbers printed into its design. The banking platform, which... read more

McKinsey predicts payments revenues to enter negative decline

02 Apr 20 @ 16:08

As the catastrophic human costs of the coronavirus come into clearer focus, so too do the consequences for people’s well-being beyond the immediate imperative to safeguard lives. Taking care of... read more

Banque de France begins testing digital Euro CBDC

02 Apr 20 @ 15:48

The Banque de France, France’s central bank, has begun testing its Central Bank Digital Currency (CBDC) in the form of a digital Euro, according to an official announcement. The topic... read more

The future of disruptive FinTech post COVID-19

02 Apr 20 @ 15:42

Finch Capital a FinTech VC, has published a report in which it notes the challenges and opportunities that the sector will face both during, and after, the crisis. Covid-19 is reframing... read more

COVID-19: The impact of coronavirus in consumption habits

01 Apr 20 @ 12:27

In order to contribute to the understanding of the transformation of consumer behaviours in context of the Coronavirus’ (COVID-19) crisis, and its impact on the economy and society in general,... read more

Qatar Central Bank launches Qatar Mobile Payment System

31 Mar 20 @ 13:22

Qatar Central Bank (QCB) has launched the “Qatar Mobile Payment System” (QMP), which provides a new and safe method for immediate electronic payment, after completing the infrastructure and all the... read more

MYHSM and OpenWay rethink payment security in the cloud

31 Mar 20 @ 12:50

A growing number of banks and processors are choosing to adopt a cloud architecture for their payment solution. This is especially relevant for greenfield projects where a company launches a... read more

E-commerce payment fraud to exceed $25 billion annually

30 Mar 20 @ 13:18

A new study has found that merchant losses to e-commerce payment fraud will exceed $25 billion in 2024, from just of $17 billion in 2020, despite the ongoing implementation of... read more

Coronavirus delays Visa interchange fee restructure

30 Mar 20 @ 12:02

In early February we reported that Visa was planning a complete overhaul of its interchange fee structure that merchants pay to accept its cards, hoping to persuade more people to... read more

Open Banking trends in Europe 2020 – PSD2’s impact on payment services

30 Mar 20 @ 10:25

The adoption of the revised Payment Services Directive, PSD2, in January 2018 first set the stage for Open Banking in Europe. Since that time, Europe has had a unique legal... read more

SDK.finance offers one year payment deferral for FinTech software

30 Mar 20 @ 09:26

SDK.finance, a financial technology provider, has announced a one year payment deferral for all companies with financial licenses issued by any country of the European Union and the United Kingdom.... read more

GSMA Report: The state of mobile money 2020

27 Mar 20 @ 13:59

2019 marked a major milestone for the mobile money industry: the number of registered mobile money accounts surpassed 1 billion. Reaching the 1 billion mark is a tremendous achievement for... 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