Showing results for 'AI' in Articles
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MasterCard to apply for Chinese payment license

22 Jul 16 @ 11:46

MasterCard is reportedly applying to become a payment service provider in China after the government opened the market, but the company is still weighing whether to do so alone or with... read more

PayPal and Visa enter into partnership

22 Jul 16 @ 11:40

Unlikely partners, PayPal  and Visa, announced a US strategic partnership that will result in an improved and more seamless payment experience for Visa cardholders and will offer greater choice in... read more

Asia-Pacific payments cards volume 2015 Vs 2014

22 Jul 16 @ 10:49

Spending for goods and services tied to payment cards issued in the Asia-Pacific region are identified by network brands – Visa, UnionPay, MasterCard, JCB, American Express, and Diners Club.

Russian Ministry of Finance to regulate Bitcoin

22 Jul 16 @ 10:40

The Russian Ministry of Finance are reported to have begun discussions to treat cryptocurrencies, including Bitcoin, as a foreign currency. This action follows the Party of Growth proposal —a political party... read more

MasterCard acquisition of VocaLink concludes

21 Jul 16 @ 13:45

MasterCard announced that it has entered into a definitive agreement to acquire 92.4% of VocaLink for about £700 million (approximately $920 million), after adjusting for cash and certain other estimated liabilities.... read more

Impact of emerging regulations on the mobile payments industry

21 Jul 16 @ 12:49

Sometimes it is difficult enough for the mobile payments industry to keep up with new technology threats and opportunities domestically, let alone regionally or internationally. Given the frenetic pace with which... read more

Cybercriminals exploit The Human Factor

21 Jul 16 @ 12:40

The use of zero-day exploits and advanced persistent threats to hack into organisations make for great news headlines. However the reality is much more mundane and low-tech. Cybercriminals are continuing to... read more

Time to decouple tokenization from HCE

20 Jul 16 @ 12:58

In the world of mobile payments, tokenization has gained notoriety as the underlying technology enabling banks to secure mobile NFC payments using host card emulation (HCE). There is no contesting... read more

Strategies and insight for banks looking to engage millennials

20 Jul 16 @ 11:27

Millennials — defined in the context of this article as those born between about 1981 and 1997 — are more than 75 million strong, making them the largest and most influential... read more

Star Micronics teams with Apriva for EMV mobile payments

20 Jul 16 @ 09:59

Star Micronics has partnered with Apriva to enable EMV mobile payments. The partnership allows Apriva to incorporate support for Star Micronics’ TSP650II BTi desktop printer, and the SM-S220i and SM-S230i portable printers into... read more

More telco based mobile wallets crash out of market

19 Jul 16 @ 09:53

In what has started off as a bad week for the telco-led mobile wallet market both New Zealands Semble and Canada’s suretap have decided to remove themselves from the crowded... read more

Bright outlook for European FinTech and payments firms

15 Jul 16 @ 12:28

Europe’s biggest FinTech and payments firms are poised to benefit from “secular tailwinds” in coming years as the payments industry continues to undergo a revolution, according to a new report from... read more

Rise in global mobile financial services

15 Jul 16 @ 11:07

Mobile financial services has immense potential to grow the reach of financial services and increase the convenience and ease of use for customers around the world, particularly in emerging markets.... read more

Mastercard removes digital payment barriers and re-brands

15 Jul 16 @ 09:02

In an important industry milestone, Mastercard unveiled what is calls “the foundation for the future of commerce” with the new Masterpass global digital payment service. This enhanced solution enables consumers... read more

MasterCard hit with £68.6 million interchange fee fine

14 Jul 16 @ 15:39

MasterCard has been hit with a £68.6 million fine to be paid to Sainsbury’s after losing a Competition Appeal Tribunal over interchange fees. MasterCard is involved in a raft of litigation... read more

European consumers ready to use biometrics for securing payments

14 Jul 16 @ 15:06

According to new research from Visa, consumers across Europe are interested in using biometrics when making a payment – especially when integrated with other security measures. Nearly three-quarters (73%) see... read more

FI’s should not be complacent about Facebook Messenger chat bots

13 Jul 16 @ 17:55

When it comes to user engagement, Facebook’s reigns supreme above all others. WhatsApp has exceeded 1 billion users, and Facebook Messenger reports 900 million users, handling 60 billion messages a day combined — three times... read more

Samsung Pay challenging Apple Pay user dominance

13 Jul 16 @ 10:24

For over a year after its introduction, Apple Pay was the only real option for consumers who wanted to pay with their smartphone. That changed towards the end of 2015,... read more

Seamless acquires MeaWallet for contactless payments technology

13 Jul 16 @ 09:54

Seamless Distribution AB (Seamless) has acquired the Norwegian contactless payments technology company MeaWallet AS (MeaWallet). The purchase price amounts to approximately SEK 42.8  (£3.78) million and payment is made through... read more

Card fraud rises globally: one in three consumers fall victim

12 Jul 16 @ 15:30

Card fraud rates are on the rise in many parts of the world despite the widespread adoption of fraud analytics solutions by financial institutions and retailers, along with EMV in... 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