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

2016: The year of the mobile banking app

23 Jan 17 @ 15:15

What has changed in mobile banking apps and m-payments in the UK since last year? We examine consumers’ understanding and attitude towards m-payment options, and the implications. MOBILE BANKING 2016... read more

Lloyds hit by international criminal gang cyber attack

23 Jan 17 @ 10:55

A cyber attack by an international criminal gang is though to be responsible for digital services at Lloyds Banking Group being intermittently down for more than two days. The denial of service... read more

US data breaches increase 40 percent in 2016

20 Jan 17 @ 12:18

The number of US data breaches tracked in 2016 hit an all-time record high of 1,093, according to a new report released today by the Identity Theft Resource Center (ITRC)... read more

UK Shoppers online spending hits £1 billion on average per week

20 Jan 17 @ 10:39

According to the latest figures revealed by ONS, retailers saw continued growth in online spending throughout December which continued into the New Year. Figures show retail sales increased by 4.3% compared... read more

Western Union settles $586m anti-money laundering fine

20 Jan 17 @ 10:27

Western Union has agreed to settle $586m after admitting that it violated US anti-money laundering laws by ignoring evidence that thousands of its agents were involved in sending illicit cash... read more

Payment Card Statistics for Europe and Eurasia – Yearbooks 2016-17

19 Jan 17 @ 10:53

PCM would like to announce the publication of the updated Payment Card Statistical Yearbooks 2016-17 (Statistics for Europe and Eurasia) – and its corresponding website paymentyearbooks.com. In this business, we know you need to... read more

More than 6 billion smartphones by 2020 – 7.5 billion users

19 Jan 17 @ 10:37

The global smartphone installed base will grow from 4 billion in 2016 to more than 6 billion smartphones in use by 2020, according to new analysis released by IHS Markit. Messaging and... read more

EBA kick-off pan-European instant payment system testing phase

19 Jan 17 @ 10:13

EBA CLEARING announced the kick-off of the testing phase for its pan-European instant payment infrastructure platform scheduled to go live in November 2017. 28 of the funding institutions from all over... read more

US payments: credit cards continue dominance over debit cards and cash

19 Jan 17 @ 09:42

Credit cards continued to gain share against all other forms of payment in the US in 2015 according to the The Nilson Report, after measuring 11 methods of consumer payments in the... read more

Nigerian Central Bank bans Bitcoin and virtual currency

19 Jan 17 @ 09:29

The Central Bank of Nigeria (CBN) has barred deposit taking banks and all other financial institutions from the operation of any form of virtual currency. The warning by the Apex bank... read more

Webinar: Data Protection in the Changing Payments Landscape

18 Jan 17 @ 10:52

With continued improvements in payments security through technologies such as P2PE and EMV, the PCI community has been effective at combating crime in a wide variety of financial institutions, retail... read more

CMA considers Mastercard acquisition of VocaLink remedies

18 Jan 17 @ 09:56

Earlier this month, the Competition and Markets Authority (CMA) announced that Mastercard acquisition of VocaLink would face an in-depth investigation, unless the companies could address the CMA’s competition concerns over the... read more

2017 – the year that AML fines break through the £4 billion barrier globally?

17 Jan 17 @ 15:14

The amount of money laundered by foreign criminals is estimated to be as high as £100 billion a year and unlawful tax avoidance costs UK taxpayers as much as £2.7... read more

Seven critical changes to payments industry as FinTech matures

17 Jan 17 @ 09:34

The FinTech sector is being shaped by shifting market conditions, new regulations, and changes in consumer demands and behaviors. For the past decade, FinTech companies have moved quickly, forcing incumbents to... read more

Open data – competition needs to work for both FinTechs and Banks

16 Jan 17 @ 17:14

“Silicon Valley is coming”.  That’s what JP Morgan CEO Jamie Dimon wrote to shareholders in 2015.  Dimon had been to the Valley and seen money pouring in to innovative start-ups,... read more

P2P payments market sizing and introduction of real-time payments

16 Jan 17 @ 13:24

The ongoing development of the P2P payments market has continued its dramatic growth as the market players continue to evolve. The past year has brought seismic changes, including new value... read more

One in four UK card payments now contactless payments

16 Jan 17 @ 10:07

A quarter of all card transactions are now contactless payments, new figures from The UK Cards Association show. 325 million purchases were made using contactless debit and credit cards in... read more

Mobile payments market is projected to grow at a CAGR of 33.4%

12 Jan 17 @ 15:24

The mobile payments market is projected to grow at a CAGR of 33.4% from 2016 to 2022 and reach $3,388 billion by 2022. Mobile payment refers to the payment for... read more

Discover and PayPal partner on tokenisation and digital payments

12 Jan 17 @ 15:02

Discover Financial Services (DFS) and PayPal have signed a tokenisation and digital payments agreement making PayPal more widely available to Discover cardmembers, acquirers and merchants. The agreement provides PayPal with... read more

Rakuten launches European bank: Rakuten Europe Bank

12 Jan 17 @ 10:24

Japanese e-commerce giant Rakuten has announced the official launch of its commercial banking operations in Europe with Rakuten Europe Bank, headquartered in Luxembourg. Rakuten Europe Bank will offer banking services... 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