Showing results for 'AI' in Articles
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Vantiv agrees Worldpay purchase in £9bn deal

05 Jul 17 @ 17:55

Worldpay has agreed a £9.1bn deal to be acquired by US rival Vantiv, sending shares in the company down sharply. Worldpay fell close to 10% to £3.68, soon after unveiling... read more

Is mobile money a haven for money launderers?

05 Jul 17 @ 13:35

Is mobile money a haven for money launderers? There have been a number of developments in the international financial system in recent decades that have made finding, freezing and forfeiting... read more

European card fraud for 19 countries hits record €1.8 billion in 2016

05 Jul 17 @ 08:59

FICO has released its annual interactive map of European card fraud, which shows that card fraud losses for 19 European countries hit approximately €1.8 billion, a new high. The UK... read more

Screen scraping argument hots up as EBA rejects PSD2 amendment tabled by European Commission

04 Jul 17 @ 12:58

The bank Vs FinTech screen scraping argument just got worse as the EBA (European Banking Authority) rejected an amendment to the Payment Services Directive (PSD2) proposed by the European Commission designed to allow the... read more

Worldpay shares jump after news of take over offer

04 Jul 17 @ 12:34

Shares in Worldpay hit new highs after the UK’s largest payments processor received separate preliminary takeover offers from JPMorgan and Vantiv of the US. Worldpay said it had “received preliminary... read more

New trade body UK Finance launches

04 Jul 17 @ 09:37

From today, the finance and banking industry operating in the UK will be represented by a new trade association, UK Finance. UK Finance will represent over 300 firms in the... read more

The Global Payments Innovation Jury report

03 Jul 17 @ 14:32

The Global Payments Innovation Jury report for 2017 exists because 70 senior industry executives were prepared to give their time to thinking through and setting out their views on many... read more

ACH Transactions to top checks as top form of B2B payment by 2020

03 Jul 17 @ 09:33

According to a new survey conducted by Credit Research Foundation (CRF) in partnership with NACHA, credit and account receivables professionals anticipate that ACH transactions will surpass checks as the leading... read more

European e-commerce growth continues to prosper

28 Jun 17 @ 10:33

Online retail in Europe is growing exponentially, particularly in Southern Europe. This is one of the many interesting findings of the European E-commerce Report 2017. The report shows e-commerce trends,... read more

Overcoming mobile biometrics challenges in financial services

28 Jun 17 @ 09:55

The vast majority of consumers—93%—prefer biometrics over passwords for authenticating payments or other financial services. This comes as no surprise, as using biometrics is more secure and eliminates the hassle... read more

Ingenico announces complete and PSD2-compliant solution for marketplaces

28 Jun 17 @ 08:56

Ingenico ePayments, the online and mobile commerce division of Ingenico Group, launched a new payment PSD2-compliant solution designed specifically for online marketplace operators. The solution is built on Ingenico’s Full... read more

Five proven strategies to achieve cross-border e-commerce growth

27 Jun 17 @ 12:51

For many of today’s European e-commerce businesses, payments are perceived as a commodity. Forward thinking businesses are switching on to the potential of cross-border payments to drive competitive advantage, looking... read more

The 50th anniversary of the ATM – The truth about Cash

27 Jun 17 @ 12:31

The 27 June, 2017 marks 50 years since the inauguration of the world’s first cash dispenser in Enfield, London. Automated Teller Machines, more commonly known as ATMs, have since changed... read more

Visa commits to strategic investment in Klarna

27 Jun 17 @ 09:54

Visa and Klarna announced they have reached an agreement for Visa to invest in Klarna, and intend to develop a future strategic partnership. Klarna is one of Europe’s fastest growing... read more

equensWorldline supports European Central Bank Instant Settlement initiative

27 Jun 17 @ 09:44

Worldline has announces that its subsidiary, equensWorldline SE, welcomes TIPS – the Instant Settlement service that was recently announced by the European Central Bank. equensWorldline will connect its European and... read more

The 4th EU Anti-Money Laundering Directive becomes active

26 Jun 17 @ 15:50

73% of financial crime professionals in UK financial services believe that the 4th EU Anti-Money Laundering Directive will make it easier for firms to prevent money laundering a survey of... read more

A single version of the truth: The transformative power of global card payment acceptance standards

26 Jun 17 @ 11:39

Recent payments conferences have highlighted some pressing issues which, when addressed, have the power to transform the world of card payment acceptance, both across Europe and globally. How can merchants’... read more

How hackers make money on the dark web – Infograph

26 Jun 17 @ 11:04

How much is your information worth on the dark web: Spotify account £2.20 Hulu account £2.20 Netflix £0.80 – £2.40 Paypal £1.20 Social Security Number £0.80 Drivers license £16.00 Credit... read more

FIS Streamlines Journey to Real-Time Payments for Banks, Processors and Clearing Houses with New Test Solutions

21 Jun 17 @ 17:45

Key facts Allows adoption of instant payments with confidence Accelerate time-to-market, save time and control cost Includes simulation features for an end-to-end testing ecosystem Solution will be presented at Money... read more

Online card spending to double by 2021 – reaching $6 trillion worldwide

21 Jun 17 @ 13:05

Global Payment Cards Data and Forecasts to 2021, a highly regarded annual survey of the global payment cards sector, reveals that the value of e-commerce card payments made worldwide grew... 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