Showing results for 'AI' in Articles
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Banque Populaire selects HPS to expand pan-african payments

12 Feb 15 @ 09:43

Banque Populaire says that will now be using the HPS’s PowerCARD solution to process electronic payment transactions of all of its subsidiaries in Africa. The partnership between Banque Populaire and... read more

UATP enabling airlines to accept bitcoin

11 Feb 15 @ 13:34

UATP has teamed up with Bitnet as a payment processing partner. This relationship will allow UATP to offer its Network of 260+ airlines the ability to accept bitcoin payments in... read more

40% of large retailers intend to accept Apple Pay by end 2015

10 Feb 15 @ 10:41

According to a survey from Boston Retail Partners, by the end of 2015, nearly 40% of large US retailers will accept Apple Pay. According to the report, Apple, CurrentC and Bitcoin... read more

Retailers: online security over cart abandonment

02 Feb 15 @ 16:20

A new survey has revealed that retailers are more focused on online security than online POS revenue loss. Up to 10% of international customers abandon their basket at the point of payment,... read more

Bharti Airtel applies for banking license

30 Jan 15 @ 11:06

Bharti Airtel, India’s leading telecoms operator, has applied for a banking license, in a potential breakthrough for the country’s under-developed mobile-banking industry. The first telecoms group to declare its intention... read more

Google enable email money transfer

30 Jan 15 @ 10:35

Google has enabled Send Money in Gmail, a money transfer payment service that will initially only be in the UK and the US. Originally revealed several years ago in the US,... read more

Apple Pay nails US contactless payments

29 Jan 15 @ 12:30

As Apple CEO Tim Cook announced record breaking profits, he understatedly reported that “Apple Pay has got off to a “strong start” since the contactless payment service launched last autumn”. What... read more

Retail Crime Survey: Retailers failing to protect themselves against fraud and cybercrime

27 Jan 15 @ 12:55

According to the Retail Crime Survey, UK retailers have said that fraud increased by 12% year-on-year in 2013-14 and accounted for 37% of the total cost of crime during the... read more

50% of US retailers not prepared for EMV migration deadline

23 Jan 15 @ 10:34

With only nine months until the EMV migration deadline, retail and technology professionals are still unprepared, according to a recent survey by ACI Worldwide. The survey of 200 retail industry... read more

Retail Crime Survey – Fraud and Cyber attacks on the rise

21 Jan 15 @ 09:38

The impact of theft on UK retailers has reached its highest level in a decade according to this year’s BRC Retail Crime Survey. The average value of each theft in-store... read more

2C2P, Myanmar Citizens Bank launch prepaid Citizen Card

08 Jan 15 @ 10:38

2C2P, a Southeast Asian payment services provider, and Myanmar Citizens Bank have announced the launch of the Citizen Card, a reloadable prepaid card accepted by MasterCard merchants globally. It comes... read more

UK cheque usage declines again

24 Dec 14 @ 09:00

The paper cheque remains a popular staple for UK consumers and businesses, according to new figures from the Cheque and Credit Clearing Company. Although the number of cheques written last... read more

Mobile banking channel dominates retail banking

23 Dec 14 @ 10:50

In its fifth annual report on customer loyalty in retail banking, “Going Digical: Customers Love the Smart Fusion of Digital and Physical Assets”, Bain & Company, has found that for the... read more

Target fails to get lawsuit overturned

03 Dec 14 @ 15:32

US retailer Target has failed to overturn the lawsuit brought against them by financial institutions over losses associated with last year’s data breach after a US judge has given  the go-ahead to... read more

Stripe banks $70m in fundraising

03 Dec 14 @ 14:39

Online payments start-up Stripe on Monday closed a $70m fundraising round that has seen the company’s valuation double in less than a year to $3.5bn, as investors see promise in... read more

Retailers concerned about 3 party scheme interchange fee loophole

01 Dec 14 @ 16:18

Proving that politicians should stay out of industries they do not understand and further backing up the law of unintended consequences, Europe’s politicians are currently considering final changes in the proposed Interchange Fee... read more

US retailers see surge in NFC payment

21 Nov 14 @ 12:35

Retailers in the US are seeing an uplift in NFC payment transactions in the three weeks following the launch of Apple Pay, according to The New York Times. Grocery chain Whole... read more

Sainsbury’s launch mobile payments app to allow shoppers to pay at shelf

10 Nov 14 @ 17:02

Sainsbury’s is trialling a mobile payments app that will allow its customers to build a virtual basket of favourite products before they shop, as well as scan goods at the... read more

Banks accused of failing to report true scale of cybercrime

07 Nov 14 @ 15:41

Treasury Committee chairman Andrew Tyrie is to question banks over allegations that they may be under-reporting instances of cybercrime and bank fraud because they don’t want to frighten people. Tyrie... read more

UK regulator to explore blockchain technology

30 Oct 14 @ 16:43

The UK’s Financial Conduct Authority is to explore the potential benefits of blockchain technology, which underpins bitcoin, for use in the wider financial services industry, according to the regulator’s chief executive. At 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