Showing results for 'AI' in Articles
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Robinhood trading app launches in UK

30 Nov 23 @ 14:41

Robinhood, the online investments app, has announced it ready to attempt a second launch of its platform in the UK. The company is taking on waiting list clients and will... read more

Apple sets up termination of agreement with Goldman Sachs

29 Nov 23 @ 19:44

Apple is rumoured to have set terms for the termination of its credit card and savings account partnership with Goldman Sachs. Goldman Sachs, which has been trying to jettison its... read more

South Korea’s BOK proposes trial of CBDC in 2024

29 Nov 23 @ 15:03

At a recent event in Seoul, CBDC & Future Monetary System, The Bank of Korea (BOK), Financial Services Commission (FSC) and Financial Supervisory Service (FSS) announced a plan to trial... read more

SEC charges Kraken for operating as unregistered securities exchange

29 Nov 23 @ 10:58

The Securities and Exchange Commission has really got the bit between its teeth charging Kraken, with operating Kraken’s crypto trading platform as an unregistered securities exchange, broker, dealer, and clearing... read more

The migration to PCI DSS 4.0 has begun – how ready are you?

28 Nov 23 @ 17:09

The PCI Security Standards Council (PCI SSC) issued PCI DSS 4.0 of the PCI Data Security Standard (PCI DSS) on March 31, 2022. This global standard establishes a baseline of... read more

Snapshot: UK credit card market report

28 Nov 23 @ 13:27

Following a summer of inconsistent consumer spending and credit card management in the UK credit card market, September 2023 saw the average spend on credit cards fall slightly, albeit it... read more

JCB partners with FrenchSys to boost card acceptance in France

28 Nov 23 @ 10:58

JCB International has announced a partnership with FrenchSys, a subsidiary of CB-Investissements (CBI), to facilitate a greater JCB certification process for payment terminals across France. This alliance helps banks, terminal... read more

Merchants missing out as consumers switch payment methods

27 Nov 23 @ 13:25

It will come as no surprise that as money gets tight, consumers are shopping around more frequently. In the main they are looking for two things: consistency in terms of... read more

Report: Why banks must act now to deliver secure digital ID

27 Nov 23 @ 11:40

A new report from European payments solutions experts Nets argues that banks must act now to deliver secure digital ID solutions for their customers as commerce goes online and governments and... read more

Super app showdown: Europe risks falling behind

24 Nov 23 @ 17:11

In recent years there has been a surge in the development of mobile applications, known as Super apps, which offer payment and financial transaction processing for personal and commercial life.... read more

Fraud keeps getting worse – what strategies can really help?

24 Nov 23 @ 13:47

The relentless storm of bad news about fraud won’t stop. Whether it’s a JD Power survey claiming 1 in 3 Americans suffered debit card fraud last year, news from Outpayce... read more

Cash is number one in Europe – digital euro catching up with consumers

24 Nov 23 @ 09:53

Cash is the major form of payment across Europe, with its use being most common in Austria and Germany and lowest in Finland. Despite the significant differences in cash usage,... read more

Alarming surge in synthetic fraud rates

23 Nov 23 @ 17:59

A new study shows an alarming trends in synthetic fraud growth. The study, which polled 500 fraud and risk professionals at financial services and fintech companies in the US, shows... read more

Škoda introduce in-car payments with new Pay to Fuel service

22 Nov 23 @ 11:54

Škoda has become the second major car manufacturer to expand its in-car payments to include Pay to Fuel in collaboration with Parkopedia. The new Pay to Fuel service makes paying... read more

Binance pays $4.3 billion to settle money laundering charges

22 Nov 23 @ 10:25

The US Department of Justice has forced a penalty of more than $4 billion from Binance to settle a criminal investigation that caught the world’s biggest cryptocurrency exchange and its... read more

Dispelling the myths surrounding a digital euro

21 Nov 23 @ 18:24

With the decision of the ECB on the start of the preparation phase, Europe has come one step closer to the digital euro. However, there is still a number of... read more

Apple hit with second class action lawsuit over P2P payments

21 Nov 23 @ 16:00

Apple has been hit with a class action lawsuit from Venmo and Cash App customers who claim it has abused its power in the market to decrease competition in the... read more

Mastercard gets greenlight for issuing and processing in China

21 Nov 23 @ 14:40

China’s central bank and the National Administration of Financial Regulation has finally issued a bank card clearing license to Mastercard. The People’s Bank of China’s (PBC) approval of the application... read more

Future growth: Fintech in Indonesia

20 Nov 23 @ 17:38

The landscape of fintech in Indonesia is booming, driven by increasing digital penetration and positive investor engagement across this high-growth nation of nearly 300 million citizens. This is a market... read more

Visa and Tencent extend partnership for remittances to digital wallets

20 Nov 23 @ 16:41

Visa and Tencent Financial Technology, the fintech division of Tencent, say they are partnering to enable Weixin users to receive inbound remittance in their digital wallets. This partnership will extend... 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