Showing results for 'AI' in Articles
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Powa Technologies acquires MPayMe to expand global footprint

12 Jun 14 @ 09:09

Powa Technologies Group has announced the acquisition of Hong Kong-based mobile expert MPayMe in a move that will vastly increase its global reach and provide a leading payment solution for... read more

70% of US credit cards to be EMV enabled by the end of 2015

11 Jun 14 @ 14:26

By the end of 2015, 70% of US credit cards and 41% of US debit cards will be EMV enabled, says Aite Group. In a new research report, EMV: Lessons... read more

Contrasting HCE and SIM secure element approaches to NFC payments

11 Jun 14 @ 10:17

Digital payments experts Consult Hyperion, in conjunction with the GSMA, have published a guide to help banks and mobile operators understand the Host Card Emulation (HCE) and SIM Secure Element... read more

Bank of England launches cyber security framework

11 Jun 14 @ 09:30

The UK finance industry has launched a cyber security framework for sharing detailed threat intelligence, testing cyber security and benchmarking financial service providers. The CBEST framework was developed by the Council of Registered... read more

Tesco Bank takes on High Street banks with current account

10 Jun 14 @ 12:31

Tesco Bank has launched its delayed current account, tempting customers with 3% interest and extra Clubcard points. The supermarkets banking arm is firmly trying to position itself as a challenger... read more

Amazon expands role in online payment push

10 Jun 14 @ 12:05

Amazon.com Inc will start managing online payment subscriptions for start-ups and other companies – the latest in a series of quiet moves the e-commerce giant has made into PayPal’s turf over the past year.... read more

What customers want from a mobile wallet

10 Jun 14 @ 11:28

New research by Aite Group in its report, Money Goes Mobile, tracks the evolution of the digital wallet ecosystem, mobile wallet growing pains and the success stories emerging as an... read more

Sberbank launches HCE payments in Russia

10 Jun 14 @ 09:15

Russian bank Sberbank, Europe’s third largest bank with 100 million customers, has begun piloting NFC payments in Moscow using embedded secure elements. It will follow the trial with a service using host... read more

Barclays set to launch contactless payments wristband

09 Jun 14 @ 15:35

Barclays has announced plans to tap into demand for wearable devices, with the launch of a trial of its bPay contactless payments wristband. Around 7,000 consumers will be able to... read more

Bank hits back in mobile payments battle

09 Jun 14 @ 11:35

Equity Bank is set to launch its Mobile Virtual Network Operator (MVNO) services in July 2014 after a successful foray in the local and regional banking sector – a key... read more

Cash still comprises half of UK payments

06 Jun 14 @ 16:02

The UK Payments Council has published figures showing that 19.9 billion cash payments worth a total of £260 billion were made during 2013, comprising 52% of all payments. The Council’s... read more

Apple’s iOS8 adopts credit card scanning

06 Jun 14 @ 15:58

Tech giant Apple has incorporated a new feature into its iOS8 operating system and browser Safari, allowing credit card scanning for users with their iOS device cameras at merchant sites. The... read more

mPOS player Square launches invoicing platform

06 Jun 14 @ 15:55

mPOS pioneer Square has unveiled an invoicing platform known as Square Invoices. Invoices are free to use for an unlimited number of invoices without a monthly fee, and for customers... read more

Banks pinning hopes on mobile banking app

05 Jun 14 @ 16:45

Banks may have to follow Apple’s example and launch their own banking app store, new research indicates. As mobile commerce makes headway around the word, within the next two years,... read more

IBM patents anti-fraud app

05 Jun 14 @ 16:39

Tech giant IBM has patented a fraud prevention technique which analyses how users interact with websites to spot anomalous behaviour. According to IBM, its patented software will help businesses to... read more

Isle of Man credit card goes for bling factor

05 Jun 14 @ 16:35

A gold bullion vault operator on the Isle of Man in the British Isles is to issue a credit card made of solid gold. The 14-carat Visa gold card from... read more

UK card spend tops £0.5 trillion for first time

04 Jun 14 @ 13:58

Annual domestic card spending by UK consumers passed £0.5 trillion for the first ever time in 2013 as shoppers increasingly choose cards over cash, according to a report published by... read more

Russia frees ex-con to build national payment system

04 Jun 14 @ 13:52

In the latest twist concerning the Russia/Ukraine/Crimea situation, it has been reported that the head of a Russian payments company, who was imprisoned in 2013 for organising a cyberattack on... read more

AmEx contacts customers after Anonymous posts card data

04 Jun 14 @ 13:47

American Express has contacted around 75,000 of its customers in California to warn them that their card data has been posted online by Anonymous Ukraine. In March this year, the... read more

Visa and MasterCard will continue to operate in Russia

03 Jun 14 @ 14:24

Visa and MasterCard plan to continue to operate in Russia, following compromise agreements with the Russian government in the wake of the sanctions imposed on the country due to the... read more

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Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more

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

UK Banks complete first live transactions using Tokenised Deposits

27 Sep 26 @ 18:52

Seven major UK financial institutions have completed the first live customer transactions using tokenised sterling deposits, marking an important step in Britai... more