Showing results for 'AI' in Articles
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American Express invests in Indian mPOS provider Ezetap

21 Mar 14 @ 11:52

American Express  has bought a minority stake in Indian mPOS provider Ezetap Mobile Solutions. Ezetap has deployed 12,000 devices across South East Asia and Africa, will use the funds to... read more

Visa, MasterCard stop providing payments services as US sanctions kick in

21 Mar 14 @ 11:12

As the Russian stock market collapses in the wake of US sanctions, closely followed by the EU,  Visa Inc and MasterCard Inc have stopped, without notification, providing services for payment... read more

MasterCard launches MasterPass in Italy

20 Mar 14 @ 15:48

MasterPass is now available in Italy. Following its success in the US, Australia, Canada and the UK, MasterPass is now debuting in Italy thanks to agreements with the country’s major... read more

Worldline enhances online payment platform

20 Mar 14 @ 11:51

Worldline, Atos subsidiary in e-payment services, has expanded its online payment platform with SOFORT Banking direct payment method. This will enable online merchants across Europe to benefit from a new... read more

Irish debit card usage quadruples while cheque usage halves

19 Mar 14 @ 11:00

Irish consumers continued to change their payment habits in 2013, switching to debit card usage and reducing the number of cheques used when paying for goods and services. Since 2005,... read more

MasterCard prepares for exponential African growth

19 Mar 14 @ 10:48

MasterCard is eyeing a slice of the expected exponential growth from the emerging African market in coming years, particularly as mobile payments surge, Aaron Oliver, the head of emerging payments... read more

Google Wallet stops NFC payment service

18 Mar 14 @ 17:40

Google has announced via email that it will kill off NFC payment service functionality in April for anything below Android 4.4 (device that don’t have Kit Kat – Android 4.4+). In other... read more

EMV in the US… too little, too late?

18 Mar 14 @ 09:52

The Target, Neiman Marcus, Michael’s Stores breach trifecta may have finally galvanized the US card payment industry to consider strongly EMV in the US. Too bad consumers are poised to change... read more

iCard4 is the most powerful smartcard on the planet

18 Mar 14 @ 09:35

SmartDisplayer Technology , a leader in display card technology has announced the launch of its new generation smartcard iCard4 – the most powerful smartcard on the planet. iCard4, says the... read more

Contactless glitch charges wrong card – thousands ‘pay twice’

17 Mar 14 @ 15:54

The UK’s Transport for London say that us passengers have been wrongly charged thousands of pounds because of a contactless glitch in the payment system. Almost 1,800 commuters have been... read more

Google Wallet gets order tracking update

17 Mar 14 @ 12:44

Google says it has updated its Android and iOS Google Wallet apps to enable shoppers to automatically track their online orders. Once users activate ‘orders’ in Google Wallet they can... read more

UK fraud increases

14 Mar 14 @ 12:37

New figures released on UK fraud by Financial Fraud Action UK (FFA UK) show that levels of card and online banking fraud rose during 2013. Improved fraud detection and prevention... read more

Digicash launches Beacon mobile payments using SEPA Credit Transfers

14 Mar 14 @ 11:01

Bank-led mobile payment scheme Digicash has launched a pilot-project using the Beacon model in Luxembourg –  the first mobile payments using SEPA Credit Transfers. Digicash Beacon devices at POS combine... read more

Mobile Payments and Fraud survey

13 Mar 14 @ 16:07

While the mobile channel grows in importance and revenue for merchants, so does their fear of fraudulent attacks and the realization that combating that risk requires specialized tools. Those are... read more

Europe embraces contactless purchases in 2013

13 Mar 14 @ 12:53

The latest figures from Visa Europe show that throughout 2013 Visa cardholders used their contactless cards to make more than 94.3 million purchases in the UK compared to just under... read more

New York regulator to allow regulated digital currency exchanges

13 Mar 14 @ 11:30

New York’s financial regulator has said firms can submit proposals to set up “regulated”  digital currency exchanges like Bitcoin. The state’s Department of Financial Services (NYDFS) said it wanted to... read more

UK credit cards spending hits 10-year high – delinquencies fall

13 Mar 14 @ 09:20

FICO released its quarterly UK cards data showing that average spend on “classic,” non-premium credit cards hit a 10-year high in December 2013. In addition, the proportion of classic UK credit... read more

CaaS – Cybercrime-as-a-service

12 Mar 14 @ 16:13

In its latest Threats Report security specialists McAfee Labs say they have identified 200 new malware samples per minute, or more than three new threats every second, during 2013, which... read more

Hang Seng Bank strengthen mobile payment ecosystem in HK

12 Mar 14 @ 15:57

Hang Seng Bank is to join forces with mobile operators including HKT to strengthen the mobile payment ecosystem and offer customers the convenience of NFC to tap and pay for small... read more

MasterCard and Visa prepare to fight EMV patent litigation

12 Mar 14 @ 15:22

Visa and MasterCard have been in court to fight the EMV patent litigation they face from SmartMetric, Inc. SmartMetric is the owner of an issued United States Patent & Trademark Office patent... 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