Showing results for 'AI' in Articles
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UPI leads vibrant Indian mobile wallet rankings

12 Oct 18 @ 10:43

Unified Payments Interface (UPI) that allows for instant bank-to-bank fund transfers is gradually taking the lead over the vibrant mobile wallet market in India. A large chunk of P2P remittance... read more

Mastercard, AmEx and Worldpay join inaugural Cyber War Game

11 Oct 18 @ 13:54

Mastercard, WorldPay and AmEx were among the payment processors who took part in a ‘cyber war game’, in a bid to test their systems amid rising IT security threats. The... read more

Ingenico and Natixis eye strategic merger

11 Oct 18 @ 09:18

The French bank Natixis is reported to be reviewing a potential deal with Ingenico as the companies look to expand in the rapidly consolidating payments sector. In a statement today,... read more

Have Apple, Amazon and other US heavyweights been hacked?

10 Oct 18 @ 10:24

It has recently been reported that a number of US technology heavyweights including Amazon and Apple have been hacked. According to Bloomberg, in 2015, Amazon.com began quietly evaluating a startup called Elemental Technologies,... read more

What is the future direction of banking?

10 Oct 18 @ 08:28

Still dealing with the damage to consumer confidence after the crisis of 2008 and the new opportunities being seized by FinTech businesses the big banks are caught in a perfect... read more

Trustly partners with the largest European P2P marketplace Mintos

09 Oct 18 @ 10:46

Trustly has partnered with Mintos, a global online marketplace for loans which provides retail investors with a way to invest in loans from around the world. By implementing Trustly’s direct... read more

Contactless payment cards to account for over 50% of all cards delivered globally in 2018

08 Oct 18 @ 12:45

Contactless payment cards issuance is set to hit 1.5 billion units in 2018, accounting for over 50% of all payment card shipments delivered globally. Breaking the 50% barrier marks a... read more

Asia outpaces West in terms of mobile wallet adoption

08 Oct 18 @ 09:24

Mobile wallet adoption in Asian markets like China, India and Taiwan is much higher than their Western counterparts such as the US, the UK and Germany. According to a new... read more

Why the High Street banks should start to be concerned by the Challenger banks

05 Oct 18 @ 16:23

In the last couple of weeks two Challenger banks have hit the UK. N26 is a German direct bank, headquartered in Berlin, that offers its services throughout most of the... read more

Has Amazon Bank already arrived?

05 Oct 18 @ 10:58

It has long been predicted that Amazon would eventually make a move into banking. In March, Payments Cards and Mobile reported that the online retailer was in talks with J.P. Morgan to offer current... read more

$88.6 million of funds laundered through cryptocurrency exchanges

04 Oct 18 @ 12:46

A Wall Street Journal investigation has uncovered that $88.6 million in illicit funds have been transacted through 46 cryptocurrency exchanges. The WSJ reported that $9 million of the suspect funds went through crypto exchange ShapeShift.... read more

SMART Payments: Step 4 – 3 steps to successful omnichannel payments

04 Oct 18 @ 09:05

Technology and new payment formats have revolutionised the retail industry as cards replace cash, and e- and m-commerce provide new platforms for retail. Rather than abandoning bricks-and-mortar, many shoppers engage... read more

E-commerce report: Cross-Border Consumer Research 2018

02 Oct 18 @ 14:27

PayPal and Ipsos, have released a new e-commerce report the Cross-Border Consumer Research 2018. The report, which investigates the online shopping habits of approximately 34,000 consumers in 31 countries, reveals... read more

European Open Banking gets support from 40 leading financial industry players

02 Oct 18 @ 13:27

PRETA says that over 40 major European financial institutions and service providers have signed up to fund and complete PRETA’s pan-European PSD2 Open Banking access directory. With the delivery of... read more

FCA bares teeth – Tesco Bank fined £16.4m over “avoidable” cyber attack

01 Oct 18 @ 10:11

The UK’s financial regulator (FCA) has issued Tesco bank with a £16.4 million penalty over an online cyber incident that occurred two years ago, the first fine the FCA has... read more

2018 Data Breach Investigations Report

01 Oct 18 @ 09:24

Ransomware attacks are a key cybersecurity threat for global organisations, warns Verizon’s 2018 Data Breach Investigations Report (DBIR). Ransomware is the most common type of malware, found in 39% of malware-related data... read more

Faster payments – 40 countries live as global roll-out gathers pace

28 Sep 18 @ 10:47

2018 marks the fifth year of FIS’ report “Flavors of Fast”. It was originally inspired to capture the early but remarkable influences of faster payments schemes around the world. In... read more

Snapchat partners with Amazon for point-and-buy mobile commerce

28 Sep 18 @ 09:36

Snapchat has announced it is testing a new way to search for products on Amazon.com through the Snapchat app’s camera, allowing users a mobile commerce experience by shopping directly using the... read more

Mobile payments – Learning from the Chinese example

28 Sep 18 @ 09:21

When it comes to mobile payments, China is leaving the rest of the world standing. The trillions of dollars in mobile payment transactions that were carried out by Chinese consumers... read more

First Data launches new fraud detection service – FirstSense

27 Sep 18 @ 09:36

First Data has launched a new anti-fraud detection service, FirstSense. It enables financial institutions to identify at-risk accounts across all card brands and prevent fraud. The newly launched platform combines... 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