Showing results for 'AI' in Articles
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Samsung Pay: interview with EVP Injong Rhee

14 Sep 15 @ 12:07

There has been a lot of enthusiasm for Samsung’s mobile wallet, Samsung Pay, and the ways in which it differs from other mobile payment systems. Samsung Pay launched in Korea... read more

Lloyds customer data stolen

14 Sep 15 @ 11:59

In a story which broke over the weekend, it has emerged that Lloyds customers that have Premier Accounts  with the bank have been stolen after data left on a storage device was taken.... read more

40% increase in MasterPass transactions in Europe

14 Sep 15 @ 11:34

The world is going digital and more and more people across Europe are simplifying their entire shopping experience. One way of doing this is via MasterPass, the digital payment solution is accepted... read more

Android Pay launches in USA

11 Sep 15 @ 12:25

Google is to (finally) roll out Android Pay, its one-touch payment app on Android devices – which competes directly with Apple Pay, in more than 1 million locations in the US. The payment... read more

Square plans IPO in Q4

11 Sep 15 @ 12:10

Square is reported to have plans to hold its initial public offering in Q4 2015, according to sources. Square is continuing with plans for its IPO even as Twitter’s board... read more

E-commerce: How men and Women differ shopping online

11 Sep 15 @ 11:53

We all know about the battles of the sexes, but how do they stack up in the e-commerce environment?

Russian group accused of hacking satellites

10 Sep 15 @ 13:13

I will admit that this article is not exactly about payments…however, the ramifications of the report will have significant baring on our industry if correct. One of the world’s most... read more

MyBank to launch pilot for Identity Verification Service

10 Sep 15 @ 10:20

MyBank has issued a call for participation in the pilot phase for its Identity Verification Service to Payment Service Providers (PSPs) and service providers. The pilot will start in mid-November... read more

Saxo payments adds Credorax to partner portfolio

10 Sep 15 @ 08:46

Saxo Payments has announced that Credorax will join First Data, Tuxedo Money, Valitor and Allied Wallet, as a partner in the Saxo Payments Banking Marketplace. Credorax, with a focus on the e-commerce... read more

Banks hold key to mobile payment adoption

09 Sep 15 @ 14:47

VocaLink has unveiled the Next Generation of Payments Report, an independent study conducted by Illuminas, into the mobile payment habits of more than 5,000 UK consumers. This is VocaLink’s second analysis... read more

Monitise losses widen – CEO steps down

09 Sep 15 @ 12:14

Monitise has announced that Elizabeth Buse, chief executive, is leaving the company after it reported a full year pre-tax losses of £227.4m in 2015, up from £63.4m a year earlier. Ms... read more

Cyber crime a major risk to business

09 Sep 15 @ 11:23

According to a new report, businesses must prepare for a new generation of cyber crime, moving beyond the established threats of data breaches, privacy issues and reputational damage to operational... read more

Using honey traps to attract an attacker

08 Sep 15 @ 17:11

Attackers are entering networks in a bid to find the organization’s sweet spot. What can organizations do to turn the tables? While preventive techniques are necessary, they are not always... read more

Online shopping goes cross border

08 Sep 15 @ 17:00

According to new research Europe`s share of global cross-border online retail sales is predicted to amount to 25% by 2025. The share of online shoppers making purchases directly from foreign online retailers... read more

High value mobile contactless payments accepted across Europe by 2017

08 Sep 15 @ 11:14

MasterCard says that everyone will be able to pay with their contactless-enabled device for high value payments (above £30 in the UK) at all contactless terminals in Europe by 2017, the... read more

UK ATM numbers continue to rise passing 70,000 for the first time

07 Sep 15 @ 16:59

Despite the UK’s love affair with contactless payments, new figures released by LINK, the UK’s cash machine network, reveal that the number of ATMs in the UK reached 70,180 in July, surpassing... read more

Contactless mobile wallets to surge

07 Sep 15 @ 15:57

The number of mobile wallets using contactless technology is expected to reach 200 million by the end of 2016, according to new statistics from Juniper Research. This would represent growth... read more

Equity continues fight with M-Pesa

07 Sep 15 @ 15:48

As the gloves come off in the battle between Equity and Safaricom, Equity Bank has written to the financial sector regulator protesting Safaricom’s increase of M-Pesa tariffs on transfers made... read more

Banks launch SEPA-based mobile P2P payments service

04 Sep 15 @ 12:50

The four leading Luxembourg retail banks and Digicash Payments have launched a P2P payments feature called Digicash TRANSFER. Users can send up to €10,000 to a recipient’s mobile phone number, using... read more

Australia court fines Visa $12.6m for anti-competitive conduct

04 Sep 15 @ 12:13

Visa has been penalised $18 million for attempting to block the expansion of its rivals in Australia. Justice Michael Wigney of the Federal Court handed down the penalty plus $2 million... 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