Showing results for 'AI' in Articles
7648 Articles | 1866 Magazines | 62 Research | 77 Whitepapers

US credit cards gain more share of spending by 2020

11 Nov 16 @ 11:32

Credit cards, debit cards, and prepaid cards issued in the US initiated 104.41 billion purchase transactions in 2015, up 8.0%, according to The Nilson Report, the top trade journal covering... read more

Blockchain: new DNA for financial transactions?

08 Nov 16 @ 10:38

From modernising payment infrastructure and enhancing security, to driving efficiencies and innovation. Whatever the question, Blockchain seems to be the answer nowadays. Announcements from the last month alone are fairly... read more

Millennials waiting for digital payments ‘uber moment’

04 Nov 16 @ 12:30

It is no secret that millennials have been heralded as the generation which holds the key to the success or failure of digital payments innovation, often embracing new solutions en... read more

Instagram expands ecommerce capabilities for US retailers

02 Nov 16 @ 11:17

Instagram has announced that it will enhance its ecommerce offering by allowing retailers to show prices and product descriptions in their posts, reflecting efforts by Facebook, which owns Instagram, to... read more

42 banks join Japanese Blockchain for payments consortium

01 Nov 16 @ 15:29

SBI Ripple Asia, a joint venture between distributed ledger tech provider Ripple and SBI Holdings, announced in August that a Japanese consortium of 15 banks in a new network will... read more

Real-time payments: the race against time

31 Oct 16 @ 10:37

The world seems to have got itself into a great big, tearing hurry. Consumers can send and receive e-mail across the globe in near-real-time. They can download a movie to... read more

90% of major banks in US and Europe exploring Blockchain technology for payments

27 Oct 16 @ 09:49

Nine out of 10 banking professionals surveyed at large US, European and Canadian commercial banks said their company is currently exploring the use of blockchain technology for payments, according to... read more

Apple Pay arguments against Oz banks ‘superficial and unconvincing’

17 Oct 16 @ 14:19

Australia’s banks have argued in their joint response against Apple Pay to the Australian Competition and Consumer Commission (ACCC) that Apple’s arguments against collective negotiation on accessing Apple Pay due... read more

AI bots to drive mobile remote purchases to $2.1 trillion

13 Oct 16 @ 16:25

New findings claim that merchant integration of technologies such as AI bots and natural language interfaces will lead to remote goods purchases by mobile totalling $2.1 trillion by 2021. This... read more

RS2’s one-stop-shop payment processing for Thai market

11 Oct 16 @ 11:57

Payments processor RS2 Software has announced a partnership with Alpha Payments Cloud to provide banks in Thailand with access to multiple financial and non-financial services through a single integration. This... read more

Worldwide retail ecommerce sales will reach $1.915 trillion

04 Oct 16 @ 16:12

In 2016, total retail ecommerce sales will reach $1.915 trillion, retail sales across the globe will reach $22.049 trillion, up 6.0% from the previous year. eMarketer estimates sales will top... read more

LG forced to delay LG Pay mobile payment launch again

03 Oct 16 @ 15:18

Once again, LG Electronics has been forced to delay the launch of LG Pay, its proprietary mobile wallet, until 2017. This is the second launch delay for the wallet, which... read more

ACI and VocaLink partner to aid adoption of immediate payments

27 Sep 16 @ 15:05

ACI Worldwide and VocaLink have announced a partnership to offer a complete end-to-end immediate payments solution to launch a domestic or regional immediate payments network. It is the first global... read more

Payments Systems Regulator recieves financial services Super Complaint

26 Sep 16 @ 13:36

Which? has made the first Super Complaint to the Payments Systems Regulator (PSR ) calling on them to ensure banks better protect victims of fraud. Which? says that protections have... read more

Ripple signs global banks to blockchain-based money transfers

26 Sep 16 @ 12:55

SWIFT, post hacking scandal, may have some competition as a number of major global banks have signed with Ripple Labs to found a new global transfer system based on Ripple’s... read more

Accenture stirs up trouble with blockchain editing technique

20 Sep 16 @ 15:07

Accenture is stirring up a blockchain storm within the community by patenting a technique for editing information stored using the nascent technology in a move designed to make it more... read more

Overturned interchange settlement will increases uncertainty

13 Sep 16 @ 13:49

The US Court of Appeals overturned the landmark antitrust interchange settlement between retailers and Visa and Mastercard on June 30, 2016, reigniting more than 10 years of legal battles over... read more

Mastercard faces £14 billion anti-competitive card fees claim

09 Sep 16 @ 09:18

A £14 billion legal claim has been filed against Mastercard on behalf of UK consumers seeking damages for anti-competitive card fees. In 2014, the European Court of Justice ruled that... read more

Walmart Pay exceeding retailers expectations

08 Sep 16 @ 17:00

At last week’s CONNECT Mobile Innovation Summit in Chicago, Walmart Services SVP Daniel Eckert revealed that Walmart Pay, the retailer’s proprietary mobile payment app, already boasts 20 million active users... read more

What are the options for retail banks to prepare for their future?

07 Sep 16 @ 13:44

Disruption, innovation, Uberisation, disintermediation, Fintechisation, regulation… all of these words are nowadays perceived as challenges for the retail banks and their business. Media and experts are fond of predicting that... 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