Showing results for 'AI' in Articles
7654 Articles | 1866 Magazines | 62 Research | 77 Whitepapers

Mastercard files new patent for Bitcoin transactions on credit cards

31 Jul 18 @ 13:41

Mastercard recently won a patent to protect a method that would manage “fractional reserves of blockchain currency”, meaning consumers might one day be able to charge their purchases on their credit... read more

New digital payment service BANCOMAT Pay launched in Italy

31 Jul 18 @ 09:01

BANCOMAT has launched its new digital payment service with the BANCOMAT Pay brand. Thanks to an agreement with SIA, BANCOMAT Pay will integrate the Jiffy service, allowing PagoBANCOMAT cardholders to... read more

US Digital Payments Adoption Study

27 Jul 18 @ 11:45

Early Warning Services, the network operator behind Zelle, has published the results of its first Digital Payments Adoption Study. The aim is to track consumer adoption, use, and attitudes toward digital payments,... read more

Android banking malware Exobot source code released online

27 Jul 18 @ 11:19

An Android banking Trojan source code, named Exobot, has been released online, causing the malware to circulate widely on the dark web. Called Exobot, the malware targets Android users via malicious... read more

Biometrics: The nirvana of personal security?

27 Jul 18 @ 10:41

By 2020, nearly all smart devices including mobile phones, tablets and wearables will have some form of biometrics security enablement. By the same time, personal banking through mobile apps will... read more

Snapchat kills P2P payment service Snapcash

26 Jul 18 @ 15:05

Snapchap has announced that it will cease Snapcash, its mobile P2P payments app for Snapchat, on August 30. Snap launched Snapcash in late 2014 via a partnership with Square, but it... read more

A new wave of cybercrime: Hackers target cloud services direct

26 Jul 18 @ 11:54

A Chinese hacking and cybercrime group nicknamed “Red Apollo” last year launched one of the largest ever sustained global cyber espionage campaigns. Rather than attacking companies directly, it targeted cloud... read more

88% of crypto exchanges want industry regulation

26 Jul 18 @ 11:43

Mistertango, a “crypto-friendly payment company”, has released a study highlighting that contrary to perception, 88% of crypto exchanges want industry regulation. Respondents believe regulation is needed for the industry to... read more

Mobile biometrics to authenticate $2 trillion of sales by 2023

26 Jul 18 @ 08:36

A new study has found that mobile biometrics will authenticate $2 trillion worth of in-store and remote mobile payment transactions annually by 2023. This is 17 times the $124 billion... read more

Corporates pilot new multi-bank payments tracking on SWIFT gpi

25 Jul 18 @ 15:35

SWIFT gpi, along with a number of corporates and banks, has announces plans to start testing an enhanced multi-bank standard to further improve the cross-border payments experience for multi-banked corporates.... read more

UK court ruling allows Police to seize and use money laundered cryptocurrency

25 Jul 18 @ 15:03

The UK Police force in Surrey has become the first UK force to seize and convert bitcoin as part of a criminal probe, netting £1.25m worth of the cryptocurrency, some... read more

Is it time for a serious Open Banking standard?

17 Jul 18 @ 09:23

There are four things that should now be crystal clear to everyone involved in Open Banking. Open Banking has arrived. It was the #1 topic at Money 20/20 Europe. Open... read more

Square withdraws bank application

16 Jul 18 @ 09:18

Square has confirmed that it has withdrawn its application to open a depository bank, although it plans to refile with a top regulator at a later date. Square first submitted... read more

Bitcoin computing power growth outpacing its price

16 Jul 18 @ 09:05

Since last year the bitcoin hash rate — the amount of computing power used by bitcoin’s network of computers to create new coins — has soared as it rushes to catch... read more

Mastercard and Visa hit with setback in UK interchange fees law suit

13 Jul 18 @ 10:41

In a damaging set back, a British appeals court ruled in favour of retailers including some of the UK’s biggest retailers, in massive a blow to the card networks which could now... read more

Biometric technology use set to rocket for payment authentication

13 Jul 18 @ 10:27

With new EU regulations coming into place next September, Mastercard is predicting a significant increase in the use of biometric technology to authenticate who is paying. With regards to card... read more

UK’s Tesco tests checkout-free shopping

12 Jul 18 @ 10:40

The UK’s biggest retailer, Tesco, is reported to be trialling a checkout-free method of payment for its convenience stores, allowing customers to scan products on their mobile devices and then walk... read more

Biometrics – Giving the finger to fraud

04 Jul 18 @ 17:25

Clearing up the mess left behind by fraudsters is a serious challenge and sees financial institutions having to absorb the monetary and logistical damage of card payment fraud daily. Meanwhile,... read more

PwC Report: Open Banking market could be worth £7.2bn by 2022

04 Jul 18 @ 13:56

In a new and very interesting piece of PwC research on Open Banking, they state that new regulation aimed at opening up the UK’s current account market could lead to... read more

Will WhatsApp be Africa’s biggest payments a platform?

02 Jul 18 @ 16:37

The ambitions of WhatsApp have been viewed as something of a mystery, even as its reach as a messaging service and as the social media platform of choice for Africans has grown... 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