Showing results for 'AI' in Articles
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Australia’s eftpos launches online payments system

02 Sep 14 @ 14:45

Australian POS payments system eftpos is testing a new system for online purchases at supermarket chain Coles. The system enables users to make online payments with a username and password,... read more

mPOS player Payleven overhauls UK pricing model

02 Sep 14 @ 14:43

European mPOS specialist Payleven is to drop its fixed pay-as-you-go transaction fees for UK customers that process more than £2,500 per month. A new tiered pricing model will see transaction... read more

Alipay and Huawei team up for biometric mobile payments

02 Sep 14 @ 14:40

China’s Alipay e-commerce platform has teamed up with handset manufacturer Huawei to develop a system enabling people make biometric mobile payments with their fingerprints. The system utilises the fingerprint reader... read more

Syntec partners with Worldpay for phone payment processing

01 Sep 14 @ 12:12

Global payment processor Worldpay and Syntec, a cloud call centre management service provider, have formed a global partnership which will enable businesses to accept telephone card payments securely without compromising... read more

Bitcoin could be considered legal tender in Australia

01 Sep 14 @ 12:09

Australia’s tax commissioner has indicated that the bitcoin digital currency could be considered legal tender in the country. Several countries around the world are struggling over whether to classify bitcoin... read more

UK urges Russian expulsion from Swift

01 Sep 14 @ 12:06

The UK government is to urge European Union nations to expel Russian banks from the Swift financial messaging network, amid rising tensions over the crisis in Ukraine. UK prime minister... read more

MasterCard-branded national eID card launched in Nigeria

29 Aug 14 @ 13:16

Nigeria’s national eID card scheme has been officially launched. In the pilot phase, the Nigerian Identity Management Commission (NIMC) will issue MasterCard-branded identity cards with electronic payments functionality to 13... read more

Apple opts for NXP NFC chips for next iPhone

29 Aug 14 @ 13:13

Tech giant Apple is working with global semiconductor manufacturer NXP to add secure short-range wireless technology into the next iPhone, enabling new pay-by-touch capabilities. The next release of the iPhone... read more

Ukash partners with Singapore’s YuuPay

29 Aug 14 @ 13:10

Global online cash payment provider Ukash has partnered with YuuPay, the Singapore-based payment service provider. The agreement will enable around 400 merchants already using the YuuPay system in Asia, Australia... read more

Apple’s digital wallet patent references ‘virtualised currencies’

28 Aug 14 @ 12:16

With tech giant Apple positioning itself to enter the mobile payment space, interest has been piqued by a recent digital wallet patent application that has just been made public. The... read more

JPMorgan suffers hack attack

28 Aug 14 @ 12:11

US banking giant JPMorgan is the latest high-profile organization to suffer a hack attack, which is now being investigated by the FBI. It is reported that in mid-August, Russian hackers... read more

GoCoin brings bitcoin to 1,000 businesses

28 Aug 14 @ 12:09

Digital currency processor GoCoin has announced a partnership with Apriva, a major payment processor, to enable bitcoin payments for more than 1,000 clients of Apriva. GoCoin is the first payment... read more

Ingenico and First Data launch mPOS in India

28 Aug 14 @ 12:02

Ingenico Roam, part of Ingenico Mobile Solutions, has partnered with global payment processor First Data to launch an mPOS solution into the Indian market. Leveraging ROAM’s mobile solution and Ingenico’s... read more

BPC SmartVista selected for Ethiopian national payment system

27 Aug 14 @ 11:54

BPC Banking Technologies, a global provider of open system payment solutions, has been selected by Ethiopia’s EthSwitch to power its national switching operations in Ethiopia. BPC’s SmartVista solution was selected... read more

IBM and Monitise form global alliance

27 Aug 14 @ 11:52

IBM and global mobile banking solution provider Monitise have announced a global digital commerce and resourcing alliance. Aimed at leveraging both companies’ mobile banking, payments and commerce technology, this alliance... read more

Square overhauls Cash app for text-based P2P payments

27 Aug 14 @ 11:49

mPOS player Square has overhauled its Cash P2P payments app to enable users to send and receive funds via text. The latest version of Square Cash gives users the ability... read more

Is the US bank branch making a comeback?

26 Aug 14 @ 11:05

A survey from the American Bankers Association (ABA) shows that the internet continues to be the most popular banking channel, although mobile, ATMs and even branches are gaining popularity. A... read more

Westpac to integrate Moven in internet banking

26 Aug 14 @ 10:59

New Zealand’s Westpac Bank will integrate its online banking platform with start-up Moven’s mobile money management tool to enable customers manage their money through their smartphones, tablets or desktop. Moven,... read more

Twitter and Stripe work on ‘in-tweet’ e-commerce purchases

26 Aug 14 @ 10:55

Micro-blogging site Twitter is reportedly linking up with payments start-up Stripe to launch an ‘in-tweet’ e-commerce purchase feature, enabling users to enter payment information without leaving the site. Twitter is... read more

MasterCard and Visa targeted in Target lawsuit

26 Aug 14 @ 10:50

The Target data breach, which compromised the data of 40 million cardholders continues to have ramifications across the industry. Following a class-action lawsuit against Target for the data breach, MasterCard... 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