Showing results for 'AI' in Articles
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Contactless will open the door to mobile – MasterCard

18 Feb 15 @ 12:51

With figures from MasterCard showing that contactless transactions in Europe grew by 174% year on year in the last quarter of 2014, the payment network is predicting that the surge... read more

RBS and NatWest tap Apple fingerprint ID for mobile banking log-in

18 Feb 15 @ 12:47

UK banks RBS and NatWest are leveraging Apple’s biometric Touch ID function for fingerprint log-in to mobile banking apps on the iPhone. In what the banks claim is a UK... read more

Global smartphone sales set new record

17 Feb 15 @ 14:51

Global smartphone sales set a new milestone in the fourth quarter of 2014, reaching $115 billion for the quarter, an increase of 20% year-on-year, according to data from research firm... read more

iZettle launches free chip and PIN reader

17 Feb 15 @ 14:48

Swedish mPOS specialist iZettle is launching the world’s first free-of-charge chip and PIN reader for merchant customers across Europe. The new iZettle Card Reader Lite connects to tablets and smartphones... read more

orderbird and ConCardis provide NFC payment

17 Feb 15 @ 14:46

orderbird, an iPAD POS provider, and its strategic payment partner ConCardis have launched a solution for cashless payment with card or contactless via NFC such as Apple Pay. The newly... read more

US EMV POS migration gathers pace

16 Feb 15 @ 15:33

By the end of 2015, approximately 59% of US POS locations will be EMV-enabled, according to a report from payment consultancy Aite Group. Awareness of the migration to EMV among... read more

Apple Pay 2.0 includes coupon redemption and ticketing

16 Feb 15 @ 15:25

The new version of Apple Pay will include coupon redemption, loyalty and ticketing functionalities, according to a patent filed with the US Patent and Trademark Office. The updated Apple Pay... read more

Hackers steal $1 billion in global cyber attack

16 Feb 15 @ 15:17

Around $1 billion may have been stolen by hackers from 100 banks worldwide in an unprecedented cyber attack, according to a report by security specialist Kaspersky Lab. The attacks, which... read more

25% of phishing attacks in 2014 targeted financial data

13 Feb 15 @ 12:29

The Kaspersky Lab study ‘Financial Cyber Threats in 2014’ reports that 28.8% of phishing attacks in 2014 were intended to steal financial data from users. While carrying out their scams,... read more

US consumers lose trust in mobile wallets and apps

13 Feb 15 @ 11:54

According to a new survey in the US, trust is eroding among mobile device users when it comes to making purchases or mobile wallet and app downloads. A survey of 15,000... read more

PKO BP selects ACI for advanced mobile payment system BLIK

13 Feb 15 @ 11:45

PKO BP, the largest bank in Poland has selected ACI to support the bank’s ambitious growth plans for its mobile payment system BLIK, in one of Europe’s most innovative and fastest-growing markets. PKO’s... read more

MasterCard to to invest in biometrics and cyber security

13 Feb 15 @ 11:36

MasterCard is reportedly set to invest an additional $20 million in cyber security measures this year, including biometric protection for mobile apps, and early warning alerts on potential threat vectors. This... read more

Survey on internet security: smartphone and tablet users most reckless

13 Feb 15 @ 11:30

It is surprising to see that smartphone owners of all people are taking the biggest risks with data security, considering that 74% of all interviewees regularly use their web-enabled smartphone... read more

EMV cards are no panacea for credit card security

12 Feb 15 @ 14:46

Whilst the EMV (Europay, MasterCard and Visa) bashing in the US continues to gather pace, US banks, credit card companies and retailers continue to invest heavily in the technology widely used in Europe. EMV... read more

Amazon payments business trebles

12 Feb 15 @ 13:02

Momentum for Amazon’s payments service Login and Pay With Amazon appears to be building after a sluggish start. In January, Amazon reported strong growth in the service among mobile users... read more

Rabobank deploys mobile wallet with secure mobile payment app

12 Feb 15 @ 11:11

Rabobank, one of the largest financial institutions in the Netherlands, is now offering its customers a mobile payment and mobile value added service via its mobile payment app. Dutch consumers are now able to... read more

Fraud and security concerns push ID management in 2015

11 Feb 15 @ 13:26

Fraud and security: with the influx of high profile digital data breaches in the past year, businesses and consumers alike have grown increasingly concerned over the amount of sensitive personal... read more

India plans unified mobile payment system

11 Feb 15 @ 13:15

India has begun implementing plans for a centralized electronic and mobile payment system and set of APIs designed to encourage the country to transition over to electronic transactions via smartphone... read more

E-commerce experiences growth in Brazil through cross border sales

11 Feb 15 @ 13:08

Brazilian e-commerce generated revenues of R$35.8bn ($13.3bn) in 2014 with an annual growth rate of 24%, according to e-bits’ recently launched e-commerce study. Brazil has a total of 61.6 million... read more

Core banking infrastructure replacement critical say banks

11 Feb 15 @ 12:57

A clear majority of banks believe that they will have to overhaul their core banking infrastructure over the next three to five years if they are to face off the... 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