Showing results for 'AI' in Articles
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Global study shows increasing security risks to payment data

26 Jan 16 @ 13:47

With acceptance of mobile and other new forms of payments expected to double in the next two years, a new global study shows a critical need for organisations to improve... read more

Rambus acquires Bell ID

26 Jan 16 @ 12:08

Rambus has announced it has acquired Smart Card Software Ltd which includes Bell Identification (Bell ID) and Ecebs Ltd (Ecebs) through the purchase of all outstanding shares of Smart Card Software,... read more

Mobile Payments Index: a third of global online transactions now mobile

26 Jan 16 @ 12:03

The 2015 Q4 edition (Sept-Dec) of the quarterly Mobile Payments Index, which tracks mobile payment data from browser-based transactions across Adyen’s customer base has been released. The key finding of this Mobile... read more

45 leading banks sign up to SWIFT global payments initiative

25 Jan 16 @ 16:44

SWIFT says that 45 leading banks have signed up to its global payments innovation initiative, announced at the end of December 2015. The 45 participating firms include major transaction banks from... read more

VTB signs e-commerce partnership with Alibaba Group and Ant Financial in Russia

25 Jan 16 @ 16:23

VTB Bank and Ant Financial Services, China’s leading e-commerce and mobile financial service provider have today signed a memorandum of understanding at the World Economic Forum in Davos, Switzerland. Under this... read more

Jetco to bring P2P mobile payments to Hong Kong

25 Jan 16 @ 12:10

Hong Kong’s ATM operator is working to introduce a inter-bank solution for P2P mobile payments and peer-to-merchant payments. Jetco, which operates the cash machines of all banks in Hong Kong and Macau... read more

Modular financial services: The new shape of the industry

21 Jan 16 @ 11:54

Modular financial services, with digital distribution platforms, new product providers, alternative sources of capital and a growth in outsourcing fundamentally reshaping the industry. This is according to Modular Financial Services:... read more

United Bank of Africa launches Smartmoney with Visa

21 Jan 16 @ 11:41

Visa, in partnership with United Bank of Africa  (UBA) has announced the launch of SmartMoney, a new banking solution comprising a prepaid card and a mobile app for the African market.... read more

Fiserv to acquire ACI Worldwide’s Community Financial Services business

21 Jan 16 @ 09:56

Fiserv has entered into a definitive agreement with ACI Worldwide to acquire the assets of its Community Financial Services (CFS) business in an all-cash transaction valued at $200 million, which does... read more

New study quantifies the ROI of mobile banking

20 Jan 16 @ 11:23

The analysis shows mobile banking adoption is associated with lower attrition, use of more products, and an increase in transactions, resulting in increased revenue for financial institutions that offer the... read more

Paytm trials sound wave-based mobile payments

20 Jan 16 @ 11:14

Paytm is working on a new way to make mobile payments in stores using smartphones. The method they are trialling is called ‘Sound Pay’ and it uses ultrasonic sound waves to transfer money.... read more

FinTech M&A: A payments frenzy for 2016

20 Jan 16 @ 10:02

Payments is a massive, confusing and unsustainably fragmented industry right now. So it’s no surprise that 47% of global FinTech M&A deals tracked last year were payments companies getting snapped up.... read more

How do you do cross border payments?

20 Jan 16 @ 09:36

New FinTech innovators are challenging the traditional way that cross border payments have been done. But are businesses tapping into the new innovation – or staying with the status quo?... read more

Barclays launch HCE contactless payment app

19 Jan 16 @ 12:01

Barclaycard has launched a contactless mobile app for Android smartphones using HCE (Host Card Emulation) technology. The new mobile payment feature – first previewed in September last year – is finally... read more

Verve payment cards launch in Kenya

19 Jan 16 @ 11:46

Nigerian digital payment provider Interswitch is to launch its Verve payment cards in Kenya in 2016 to compete head-on with international card brands and Safricom’s M-Pesa mobile money platform. A... read more

New payment services bring a better customer experience but also the attention of fraudsters

19 Jan 16 @ 11:41

Payment card providers that are battling for market share are introducing new services to defend and expand their client base.  New initiatives by issuers bring a better customer experience.  However,... read more

A ‘Game of Phones’: strategic options for banks in mobile payments

19 Jan 16 @ 10:56

Mobey Forum has  published its latest report on mobile payment, which investigates the fierce power plays between banks and the ‘Pay’ models of the original equipment manufacturer (OEM) tech giants.... read more

Hyatt Hotels latest to have payments card data hacked

18 Jan 16 @ 09:44

Hyatt Hotels has become the latest in a growing list of high profile brands to have their payments card data hacked. The company said Wednesday that it is investigating malware... read more

Federal Reserve selects IBM for ACH processing platform overhaul

18 Jan 16 @ 09:12

The Federal Reserve Bank of Atlanta has selected IBM to modernize its ACH processing platform. During ACH operations, the Federal Reserve serves as the central operator ensuring electronic payments (direct deposit,... read more

Ingenico deploy POS terminals to develop Financial Inclusion in Africa

15 Jan 16 @ 12:52

Ingenico has reached a strategic 50,000 POS terminals landmark to serve the unbanked population and becomes the indisputable Financial Inclusion-enabler in Africa. “This milestone is taking us to the forefront of... 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