Showing results for 'AI' in Articles
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Beyond FinTech: An assessment of disruptive potential in financial services

23 Aug 17 @ 11:16

For years FinTech has been the hottest topic of discussion in financial services, with incumbents, regulators, and consumers all asking the same question: “Will small technology-enabled ‘FinTech’ start-ups redefine the... read more

Symantec annual Internet Security Threat Report

22 Aug 17 @ 14:57

In the latest Symantec annual Internet Security Threat Report, Cyber attackers revealed new levels of ambition in 2016, a year marked by extraordinary attacks, including multi-million dollar virtual bank heists,... read more

WhatsApp set to add P2P payments to messaging app

21 Aug 17 @ 15:16

WhatsApp is rumoured to be preparing P2P payments for its messaging app, making it the latest service to let users transfer money to one another with a text. A beta... read more

Bitcoin surges to new high of over $4,500

21 Aug 17 @ 14:25

Defying its naysayers once again, Bitcoin’s price surged above $4,500 for the first time late last week to reach a market value of $73.6 billion. While the cryptocurrency has since pared some of its... read more

Open financial services – An open invitation to financial inclusion

21 Aug 17 @ 13:42

‘Open’ is a short word with a long list of meanings. These range from being free to all to join, ready for business or prepared to entertain new ideas. The... read more

UK contactless spend tops £370 million in H1 2017

17 Aug 17 @ 16:46

Mobile contactless transactions topped £370 million in the first six months of 2017, a 336% year on year rise in spending, according to the latest transaction data from payments processor... read more

Barclaycard pilots Alipay acceptance in UK stores

17 Aug 17 @ 15:02

Barclaycard is rumoured to begin a pilot that enables merchants in the UK to accept Alipay transactions at POS in-store. The pilot will commence on 14 August 2017 in eight retail stores across... read more

Mobile wallet readiness: Building a better value proposition – Pt 3

17 Aug 17 @ 14:51

Mobile wallet launches by issuers, “The Pays” (Apple Pay, Android Pay, Samsung Pay), telcos and retailers have become increasingly commonplace – if not fashionable – in recent years. But most... read more

Visa applies for direct bank-card clearing access in China

16 Aug 17 @ 11:24

With a new found direction, not seen since its merger with Visa Europe began, Visa is on the charge, becoming the first overseas card payment company to apply for a... read more

Mobile commerce readiness: The mobile wallet security conundrum – Pt 2

16 Aug 17 @ 11:11

The ongoing power struggle between security and usability represents one of most pertinent challenges in mobile wallet today. While it is possible to build a nearly fraud-proof payment mechanism, it... read more

Chinese regulator mandates mobile payments clearing house

15 Aug 17 @ 13:42

China’s central bank and regulator has mandated online and mobile payment groups to operate through a centralised clearing house, a move likely to undercut the dominance of Ant Financial and... read more

Indian digital transaction volumes hits 860 million per month

15 Aug 17 @ 13:31

Digital transaction volumes in India hit a new record in July growing almost 2% from the previous month to 859.2 million, according to data released by the Reserve Bank of... read more

Mobile commerce readiness: A merchant and consumer perspective – Pt 1

15 Aug 17 @ 13:12

With the underlying infrastructure for mobile commerce – payment tokenization, smartphones and contactless point-of-sale (POS) terminals, for example – taking hold, the industry must begin to shift its focus to... read more

Cash still king in UK but consumers are turning to contactless

11 Aug 17 @ 13:54

The number of cash payments decreased by 11% between 2015 and 2016, but it still remains the most frequently used payment method in the UK, according to new data published... read more

What is the driving force behind the new fashion of mega-mergers in payments

11 Aug 17 @ 11:59

For many years payments processing has been considered the ugly sister of the payments industry that quietly ticks over in the depths of back offices. In the last 18 months... read more

PSR bares its teeth issuing public censure on Cheque & Credit Clearing Company

11 Aug 17 @ 11:20

The Payment Systems Regulator (PSR) has imposed a public censure on Cheque & Credit Clearing Company Ltd (C&CCC) following its failure to comply with the PSR’s General Directions. As part... read more

Digital start-up Tandem acquires Harrods Bank

07 Aug 17 @ 15:03

Digital start-up bank Tandem has agreed to buy Harrods Bank, four months after seeing a £35 million funding deal collapse. Tandem, which says it is building a mobile-only bank, announced on Monday... read more

New global specifications for QR Code Payment

07 Aug 17 @ 13:36

Visa says it will support of the new global QR Code Payment Specifications from EMVCo, the global technical body that manages the EMV Specifications. The specifications cover consumer-presented and merchant-presented QR... read more

Mobile banking and its use as a payments channel

04 Aug 17 @ 10:59

58% of US smartphone users have downloaded a mobile banking app for their primary checking account, and 50% of US smartphone users (including 68% of those under 35 and 31%... read more

ICC Solutions releases ICCSimCTC: Visa HCE validated by Visa

04 Aug 17 @ 10:29

ICC Solutions has released its Visa HCE test suite, hosted on the industry leading ICCSimCTC card test tool platform, which has been fully tested and validated by Visa. This test... 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