Showing results for 'AI' in Articles
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Capital One to acquire Discover Financial for $35 billion

20 Feb 24 @ 11:20

Capital One has announced it will acquire its long term rival Discover Financial for $35.3 billion. The acquisition of Discover values the smaller rival’s stock 27% above last weeks closing... read more

The digital euro: Debunking fears about bank deposits

20 Feb 24 @ 10:43

Many banks are worrying their customers might withdraw deposits to hold digital euro instead. These fears are misplaced, argue ECB Executive Board member Piero Cipollone, Ulrich Bindseil and Jürgen Schaaf,... read more

Payment orchestration platform market to reach $4.83 billion by 2032

20 Feb 24 @ 10:20

The Payment Orchestration Platform Market is set to grow from its current market value of more than $848.6 million to over $4.83 Billion by 2032. The surge in digital payments... read more

Digital wallets: The pursuit of a profitable business model

16 Feb 24 @ 14:12

In recent years, digital wallets have shot from the niche to the mainstream. Their use has taken off in every region of the world, the growth trajectory remains strong, and... read more

Temenos fight back after Hindenburg Research massacre

16 Feb 24 @ 10:36

Embattled core banking provider Temenos has hit out at Hindenburg Research’s claims that there are “major accounting irregularities, failed products and an illusive turnaround” at the firm. The research note,... read more

ACH Network surpasses 3 billion payments in 2023

15 Feb 24 @ 11:40

Led by strong growth in Same Day ACH and business-to-business (B2B) payments, the ACH Network securely handled 31.5 billion payments valued at $80.1 trillion in 2023. Payment volume for the... read more

Payment cards are dead – Long live the card!

13 Feb 24 @ 18:21

At Payments Cards & Mobile we have long been supporters of a role for payment cards in the overall payments mix, thanks to our own Payment Yearbooks which show card... read more

Credit and debit card processing drags down business satisfaction

12 Feb 24 @ 17:26

Small business owners are optimistic about the future, with 88% indicating the financial state of their individual businesses is about the same or better off than a year ago, which... read more

Navigating the fintech landscape with user-friendly apps

12 Feb 24 @ 13:52

Have you ever felt lost in the maze of financial technology? You’re not alone. But reimagine the map with apps pointing you straight to your destination – hassle-free transactions and... read more

How instant payments can empower the merchant payment experience

09 Feb 24 @ 16:50

Instant payments are a hot topic right now in case you had not noticed. Only yesterday MEPs adopted new rules to ensure instant payment transactions arrive immediately into the bank... read more

How to build trust in the age of Open Banking

08 Feb 24 @ 18:24

Consumer demand for frictionless experiences is at the centre of rising financial services and tech innovation. As consumers embrace digital services in their everyday lives, from banking to shopping to... read more

Instant payments means less than 10 seconds in EU

08 Feb 24 @ 18:06

MEPs have adopted new rules to ensure instant payment transactions arrive immediately into the bank accounts of retail customers and businesses across the EU. The new regulation aims to make... read more

Phygital Payments: What are the trends for 2024

07 Feb 24 @ 19:19

As digital channels grow in importance, a new buzzword rears its head: phygital payments – a blend of the physical and digital – but is phygital  really a thing, or... read more

Half of UK adults use BNPL – government delays plan to regulate

07 Feb 24 @ 18:28

An increasing number of UK consumers are using buy now pay later (BNPL) services despite the government being unlikely to introduce planned regulation to the sector. Such legislation would give... read more

African Fintech to grow to $65 billion by 2030

07 Feb 24 @ 17:56

Africa is predicted to become the world’s fastest-growing continent when it comes to fintech revenue, with a compound annual growth rate (CAGR) of 32%. This means that by 2030, the... read more

Tata to take over UK’s Faster Payments network?

06 Feb 24 @ 18:57

Indian conglomerate Tata Consultancy Services (TCS) is a reported to be leading the pack shortlisted to replace Vocalink as the administrator of the UK’s Faster Payments network – a process... read more

North American payments trends: Digital payments on the rise

06 Feb 24 @ 17:00

Constant change in the North American payments landscape is a given, yet the COVID-19 pandemic has accelerated a shift to more modern channels. A recent survey from McKinsey shows that... read more

Pulse of Fintech: global fintech investment falls $125bn from high

06 Feb 24 @ 16:57

After reaching a record $238.9 billion across 7,321 deals in 2021, total global fintech investment across M&A, PE, and VC fell to $164.1 billion across 6,006 deals in 2022. While... read more

Growth is out there… so why are traditional players struggling?

05 Feb 24 @ 18:13

New research shows that growth opportunities across the payment sector are better than they’ve been in a long time – but traditional “big players”, from banks to processors and retailers,... read more

International payment concerns stop SMEs from expanding overseas

05 Feb 24 @ 18:02

New research shows that concerns around international payments are a leading barrier stopping UK small and medium enterprises (SMEs) from exporting overseas. The research, which surveyed 500 decision makers at... 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