08 Jan 24 @ 16:35

As we move seamlessly into 2024 it is an unfortunate fact that fraud across the payments industry will continue to grow as the industry continues to innovate and mature, but... read more

14 Dec 23 @ 18:27

Blockchain payments firm Fnality, which raised £77.7 million in a Series B funding a month ago, has announced that is has completed the “world’s first” live blockchain-based wholesale payment transactions... read more

14 Dec 23 @ 11:14

In a new white paper, Halyna Hermanns and Dr. Stephan Lemkens from INFORM GmbH outline developments in AI that deliver for both Fraud and AML. Here, they explain why banks... read more

12 Dec 23 @ 15:43

The technology landscape has evolved significantly over the last year with the introduction of technologies such as ChatGPT and other generative AI tools taking the market by storm, while raising... read more

30 Nov 23 @ 11:32

As criminal innovation rockets in the digital era and financial institutions cope with rising cost pressures and growing compliance burdens, a new white paper from pioneering global software specialists INFORM... read more

23 Nov 23 @ 13:06

UK Finance and Oliver Wyman have release a report on the use of generative AI in financial services (FS), and the future opportunities and risks for the sector. It includes... read more

01 Nov 23 @ 17:35

UK Finance has launched two reports analysing the risks and opportunities of quantum computing for the UK financial services sector. The reports Quantum Risks and Quantum Opportunities together set out... read more

30 Oct 23 @ 18:01

The U.S. Federal Reserve is proposing to cut debit card fees that banks charge merchants for processing debit-card transactions by up to 30%, setting up a face off between the... read more

10 Oct 23 @ 17:23

The payments industry’s 2022 performance, in terms of revenues and valuations, shows ongoing change with opportunities for growth and margin improvement across geographies and products. A close look at revenues... read more

09 Oct 23 @ 17:10

While financial forecasters continue to signal near-term economic downturns across the globe, FIS has conducted new research to understand how corporate executives across industries are innovating amid uncertainty. FIS’ Global Innovation... read more

05 Oct 23 @ 09:30

AirPlus International has introduced AirPlus Intelligence, a brand-new tool that enables customers to analyse and manage their spend. Its basic module, the AirPlus Intelligence Hub, is now available as an... read more

04 Oct 23 @ 11:16

The European Central Bank will start exploratory work for financial market settlement based on distributed ledger technology (DLT) starting in 2024, according to minutes published Thursday. The central bank is looking... read more

04 Oct 23 @ 10:49

Finally good news for the embattled fintech as Softbank and Revolut agreed to simplify the ownership structure between the UK fintech and its largest investor. This was, according to reports,... read more

29 Sep 23 @ 10:35

An European Central Bank unit called the “infinity team” has launched nine trials of generative AI — adapting off-the-shelf systems that can create sophisticated text, images and computer code —... read more

22 Sep 23 @ 12:47

Amid the broader venture gloom, generative AI mega-rounds and unicorn births have kept AI investment levels relatively elevated, with Q2 2023 funding coming in at $9.4 billion. Using CB Insights data,... read more

19 Sep 23 @ 12:14

INFORM has released the publication of its in-depth Responsible AI Guidelines. As the AI landscape continually evolves, INFORM says it recognises the imperative to harness its power responsibly. The tremendous... read more

18 Sep 23 @ 14:50

In May 2023, the European Commission published a draft proposal to mandate the use of instant payments for all Euro transactions between member states into and out of the Euro... read more

08 Sep 23 @ 15:40

Visa has released the Fall 2023 edition of its Biannual Threats Report which highlights emerging fraud schemes targeting the global economy. This edition showcases a significant rise of phishing schemes... read more

07 Sep 23 @ 09:30

A week ago Payments Cards & Mobile reported on press reports that Visa and Mastercard were planning to raise network and interchange fees merchants pay when accepting credit cards. Now,... read more

06 Sep 23 @ 16:19

In a significant development, according to Changchun Mu, director of the People’s Bank of China’s Digital Currency Research Institute, China’s CBDC, the digital yuan, is undergoing major upgrades. Mu spoke... read more