09 Jun 23 @ 09:32

Artificial intelligence (AI) and the financial services industry are not new bedfellows. As far back as 1982, hedge fund firm Renaissance Technologies developed expert, or knowledge systems to solve problems... read more

09 Jun 23 @ 09:30

The Securities and Exchange Commission (SEC), which this week launched aggressive legal pursuits of both Binance and Coinbase, demonstrates what we can expect to see in US policy setting for... read more

06 Jun 23 @ 07:32

The Securities and Exchange Commission has sued Binance, the world’s largest crypto exchange. The 13 civil charges filed accuse Binance of violations including mixing billions of dollars of customer cash... read more

01 Jun 23 @ 11:03

Kasisto, creators of KAI, have launched of KAI-GPT, the world’s first banking-specific large language model (LLM), designed to address the industry’s unique needs for accuracy, transparency, trustworthiness and customisation. Powered by... read more

31 May 23 @ 16:30

New Q1 2023 fraud statistics for North America and how they compare to 2022 have been released. The information is based on data collected from the US and Canada during... read more

16 May 23 @ 14:53

Citi Retail Services is expanding its embedded payments strategy with its suite of Citi Pay products. According to a recent Citi study, 85% of Americans surveyed agree that retailers need... read more

09 May 23 @ 14:01

Kearney has released the fifteenth edition of its annual European Retail Banking Radar, which tracks the performance of 89 retail banks across 21 European markets. In the face of uncertain... read more

02 May 23 @ 12:27

As we all get increasingly familiar with the pro’s and con’s of cognitive AI it is really important to remember that whilst there are real, applicable use cases, there is... read more

20 Apr 23 @ 11:36

As the payments industry continues to grow and evolve, businesses are seeking new ways to stay competitive and deliver value to customers. One of the most promising technologies that has... read more

06 Apr 23 @ 12:29

ChatGPT is currently on everyone’s lips. The versatile abilities of this chatbot fire the imagination, but also fuel concerns about the future application of such a simple and widely usable... read more

31 Mar 23 @ 11:36

Not wanting to go unheard in this important period of discovery with the digital euro project, the ESBG has been taking an active role in digital euro-related discussions and overall... read more

27 Feb 23 @ 18:54

It was only six months ago that Klarna blew up the internet with stories of heavy H1 losses and serious cuts to the work force. Back then one eye-catching headline... read more

21 Feb 23 @ 11:18

Complaints to the Financial Ombudsman Service against BNPL firms have jumped 36% over the last three years, highlighting the need to speed up and implement robust regulation of the Buy... read more

14 Feb 23 @ 18:56

The European Payments Initiative (EPI), launched to some fanfare in 2020, was supposed to offer a payments solution “catering and corresponding to European needs.” But as the EPI’s scope changes... read more

30 Jan 23 @ 18:20

Modern life virtually requires that each of us has our devices accessible at any time. So how is it that most Americans still find that using a credit card is... read more

30 Jan 23 @ 17:46

Despite a challenging economic environment, the 2022 holiday shopping season exceeded projections, according to e-commerce research from ACI Worldwide. The research analysed millions of e-commerce transactions on an annual basis... read more

27 Jan 23 @ 11:46

Credit card chargeback is reaching crisis levels for retailers on both sides of the Atlantic, according to a survey of US and UK consumers. Two-thirds of US shoppers and 44%... read more

26 Jan 23 @ 20:31

Computer security experts have developed a system capable of guessing computer and smartphone users’ passwords in seconds by analysing the traces of heat their fingertips leave on keyboards and screens.... read more

09 Jan 23 @ 17:33

The newly launched AI4CYBER Consortium will work on AI-based security solutions to ease the life of system developers and operators in managing robustness, resilience and response against sophisticated cybersecurity threats... read more

05 Jan 23 @ 15:59

Coinbase has settled on a $100 million fine and improvements package with regulators for anti money laundering failures. The package includes a backlog of more than 100,000 unreviewed transactions and... read more