Showing results for 'AI' in Articles
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New variants of Russian mobile Banking Trojan Riltok go international

10 Jul 19 @ 10:44

Kaspersky researchers have discovered that the money-stealing mobile malware, Riltok has launched new variants and is extending its targeting from Russia to the rest of the world, starting with Europe,... read more

Infographic: Libra cryptocurrency by Facebook

10 Jul 19 @ 10:34

Facebook has officially revealed plans for its much anticipated global cryptocurrency LibraCoin, with the backing of a number of major companies. Facebook’s ambitions for the new currency, called LibraCoin, were made... read more

Report: Contactless payments in Russia moving towards mobile

04 Jul 19 @ 11:24

According to a new report by Yandex.Money, Russian customers are noticeably using contactless payment methods to pay for purchases: the number of payments made with smartphones has increased nearly threefold... read more

Nets and Swish partner on first of its kind in-store payments pilot

02 Jul 19 @ 11:47

Nets and Swish have announce their collaboration on an in-store payments pilot programme. Until now, Swish has mostly been used for account-to-account transactions and, more recently, e-commerce payments. Now, the... read more

Payment card fraud funding terrorism and other transnational crimes

01 Jul 19 @ 06:18

Researchers at the premier dark web data intelligence company, Terbium Labs, have released the findings of new research that examines the deeply intertwined nature of payment card fraud and transnational crime. Results... read more

FCA bows to pressure and allows more time for Strong Customer Authentication

01 Jul 19 @ 05:39

As powerful cross industry groups piled on the pressure, the UK’s Financial Conduct Authority (FCA) has published its response to the European Banking Authority’s Opinion on Strong Customer Authentication (SCA) under... read more

Goldman Sachs considering launching own cryptocurrency

01 Jul 19 @ 05:22

In a recent interview , David Solomon, CEO of  Goldman Sachs said the bank could “absolutely’ follow JPMorgan Chase in launching its own cryptocurrency. Solomon then went further by saying... read more

Strong Customer Authentication: What matters most to online shoppers – security or convenience?

27 Jun 19 @ 08:23

With Strong Customer Authentication (SCA) coming into force on 14 September 2019 as the final part of PSD2, many online businesses are required to add additional security measures to large... read more

Report: Adapting to the new reality of evolving cloud threats

25 Jun 19 @ 11:05

While Software-as-a-Service (SaaS) application usage is proliferating, and workloads are increasingly migrating to Infrastructure as a service (IaaS) like AWS and Azure, on-premises applications, storage, and private clouds persist. The... read more

EBA publishes an Opinion on the elements of strong customer authentication under PSD2

25 Jun 19 @ 10:12

The European Banking Authority (EBA) has published  an Opinion on the elements of strong customer authentication (SCA) under the revised Payment Services Directive (PSD2). The Opinion is a response to... read more

P27 Nordic Payments Platform to build first real-time payments system across the region

25 Jun 19 @ 09:49

The P27 Nordic Payments Platform (owned by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank) have announced a partnership with  Mastercard to provide real-time payments across the Nordic... read more

What e-commerce merchants need from next-generation acquirers

24 Jun 19 @ 12:06

Common wisdom holds that small to medium-sized bricks & mortar merchants are reeling from the onslaught of e-commerce. It’s easy to lose sight of the fact that wildly popular electronic... read more

Only half of global banks are making significant advancements in digital transformation

21 Jun 19 @ 10:08

The $1 trillion that traditional retail and commercial banks have invested globally over the past three years to transform their IT operations has not yet delivered the anticipated revenue growth,... read more

Bank of England set to allow access to FinTechs

21 Jun 19 @ 09:47

The Bank of England has gone on record saying it will allow FinTech companies to store funds overnight in interest-bearing accounts at the central bank, allowing them to bank at... read more

Regulators immediately turn their focus on Libra Coin

19 Jun 19 @ 17:04

Their has been immediate regulatory scrutiny on Facebook’s plans to launch Libra Coin a new global digital currency as the announcement drew an immediate response from regulators from the Group... read more

New annual figures show UK fraud continues to rise

19 Jun 19 @ 16:25

Cifas, the UK’s fraud prevention service, has released an alarming picture of fraud in the UK with the release of  Fraudscape, the annual publication of its data that identifies and... read more

OpenWay and Oracle to redefine digital payment processing in the cloud

19 Jun 19 @ 09:27

OpenWay has successfully tested its digital payment platform WAY4 in Oracle Cloud. Financial institutions can now use this solution to drive payment innovations of any scale and  optimise their operating... read more

Facebook makes LibraCoin cryptocurrency project official

18 Jun 19 @ 11:28

Facebook has officially revealed plans for its much anticipated global cryptocurrency LibraCoin, with the backing of a number of major companies ranging from Visa and Mastercard to Lyft and Spotify.... read more

Contactless cards are consumers tool of choice for low-value payments

18 Jun 19 @ 11:00

Contactless cards will account for 57% of payment cards worldwide by 2023 as issuers increasingly offer them as standard, and acceptance grows to reflect customer demand. Research from RBR shows that... read more

Southeast Asian e-commerce market to reach $53 billion By 2023

14 Jun 19 @ 15:49

Forester expect B2C e-commerce market in Southeast Asia (SEA) to rise from its current $19 billion to more than $53 billion in 2023, when it will account for 6.5% of... 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