Showing results for 'AI' in Articles
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Alaric to modernize payment fraud detection

25 Dec 14 @ 08:47

NCR Corporation has announced that Alaric, an NCR business, has released the latest version of its Fractals intelligent payment fraud detection solution. The latest version of Fractals, which is already being... read more

Could bitcoin be the Napster of finance?

23 Dec 14 @ 09:46

Bitcoin’s ongoing evolution draws comparisons to how Napster, while unsuccessful as an organization, upended an entire music industry and propelled it into the digital age. Bitcoin truly is the Napster... read more

People’s Bank of Kazakhstan to launch UnionPay chip card issuing and acquiring

22 Dec 14 @ 16:44

People’s Bank of Kazakhstan (Halyk Bank), the largest bank in Kazakhstan and Central Asia, together with OpenWay, have launched issuing and acquiring of UnionPay UICC chip cards. This is the... read more

5 fraud predictions for 2015: Technology will shape the fight

22 Dec 14 @ 16:31

Technology will give fraudsters an edge in 2015, but it will also provide new tools for organisations and investigators, according to experts from the Association of Certified Fraud Examiners (ACFE)... read more

Apple Pay early adoption stats

19 Dec 14 @ 15:40

ITG Research has released  figures which show that iPhone users, via Apple Pay, were responsible for 1% of digital payment dollars spent in the month of November. The ITG Mobile Payments report, which... read more

Consumers will switch banks to access mobile payments

19 Dec 14 @ 12:05

21 million British consumers say they will switch banks to access mobile payments, as anticipation for new ways to pay builds, according to new research from Zapp. 44% of consumers plan... read more

Do we need a new EU network for EU payments interoperability?

19 Dec 14 @ 11:29

Suddenly the key EU’s stakeholders (ECB/EC) are talking again about technical payments interoperability and new payments networks.  Many may ask why, for they have struggled over 10 years to fully... read more

Banks still top for consumer trust

19 Dec 14 @ 09:03

Consumers trust banks far more than they do companies like Google, Apple and Amazon to protect their card details and personal financial information, according to research by Bizrate Insights. Bizrate... read more

Card fraud credit cards using quantum physics?

18 Dec 14 @ 12:41

Dutch researchers claim to have enabled the power of quantum mechanics in a way that could be used to make card fraud a thing of the past. In a paper posted... read more

EU agrees caps on debit and credit card interchange fees

18 Dec 14 @ 11:33

Interchange fees to process debit and credit card transactions are to be capped under an EU law that attempts to wrap-up a protracted battle with payment groups such as Visa... read more

MBNA launch digital wallet with MasterPass

17 Dec 14 @ 14:59

MBNA has, in partnership with MasterCard, launched a trial of a digital wallet. Once the trial is complete in early 2015, the MBNA Wallet could be quickly rolled out to... read more

Global ATM market expected to hit $22 billion in 2020

17 Dec 14 @ 14:45

A new report by Allied Market Research predicts that the global ATM market will expand at a compound annual growth rate of 7.6% between 2014 and 2020, to a total of... read more

Cyber crime to drastically increase this Christmas

17 Dec 14 @ 14:19

Christmas 2014 looks set to have a large increase in cyber crime with the UK shopper set to spend a record £374.3 million over the festive period with one in... read more

Samsung to launch Apple Pay rival

17 Dec 14 @ 08:47

Samsung is said to be discussing a deal with a payments start-up that would help the smartphone maker introduce a mobile payments system in 2015 to rival Apple Pay, multiple sources report.... read more

Microsoft to accept bitcoin payments

16 Dec 14 @ 11:21

In a blog post on December 11 from Microsoft, the software giant quietly announced that its customers can now use bitcoin to purchase certain products through third party payment processor BitPay,... read more

Barclaycard deploys contactless gloves

16 Dec 14 @ 11:13

Barclaycard is to trial gloves that allow people to pay for their shopping via contactless, following demand for a wearable payment item that makes paying quicker and easier when laden... read more

Charge Anywhere admits security breach

15 Dec 14 @ 12:15

It has been revealed that for the last five years, hackers have been using a banking malware to siphon unencrypted credit/debit card information from the computer networks of Charge Anywhere, an... read more

US banks partners Payfone for mobile authentication

15 Dec 14 @ 10:43

Payfone a mobile authentication startup,  is working with US financial institutions to introduce technology that utilises the same security standards applied by wireless operators to identify their customers as they... read more

Lloyds mobile cheque deposit tech

15 Dec 14 @ 10:32

Lloyds Bank is to roll-out mobile cheque deposit technology with a select group of commercial customers. The pilot trial will enable customers to take a photo of the cheque using their mobile... read more

Mobile commerce booming in China

15 Dec 14 @ 10:27

Online shopping via mobile phones has become the main way Chinese people spend their money, with a large number of those living in rural areas jumping on the mobile commerce bandwagon,... 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