Showing results for 'AI' in Articles
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ZNAP says UK mobile money is failing users

14 Nov 13 @ 11:18

MPayMe, the company behind the global mobile business platform ZNAP, has unveiled new research that indicates that mobile money is not living up to the hype and failing to deliver... read more

CaixaBank and Telefonica team for mobile payments

14 Nov 13 @ 11:16

Spain’s CaixaBank and telco Telefonica have announced the launch of a new company, Telefonica Consumer Finance, which aims to strengthen the provision of mobile payment handsets and services to consumers... read more

Shop owners failing to match demand for contactless payments

12 Nov 13 @ 15:20

GB retailers are failing to keep up with consumer demand for new payment methods, a study has found. Almost two thirds (64%) of consumers say debit/credit card is their preferred... read more

Fashion retailer, Blue Inc adds Ukash

06 Nov 13 @ 13:49

Blue Inc, a UK based fashion retailer, has signed up with online cash payment provider, Ukash. Recognising the importance of giving online customers the convenience, security and choice of paying... read more

Merseyrail first UK rail operator to introduce contactless payment

01 Nov 13 @ 12:50

Merseyrail says that its customers will soon be able to make payments of £20 or under using contactless technology, introduced in partnership with MasterCard and Global Payments. Currently, 98% of... read more

PayPal waives $50,000 of payment fees for startups

30 Oct 13 @ 17:34

PayPal is giving digital startups a helping hand by waiving up to $50,000 in payment processing fees for 18 months. PayPal’s Startup Blueprint Program reduces the costs for startups helping them get... read more

Dwolla stakes claim with launch of Dwolla Credit

24 Oct 13 @ 16:51

Dwolla has taken its first step to move beyond support for cash with the launch of Dwolla Credit. The service is being launched in partnership with Alliance Data Systems (ADS),... read more

Equens starts SEPAklaar.nl SEPA compliance campaign

24 Oct 13 @ 15:22

Payment processor Equens has launched the ‘SEPAklaar.nl’ [translated, ‘SEPA-ready.nl’] campaign. This campaign is aimed at medium-sized businesses and organisations that may find themselves under time pressure in migrating their payment... read more

Western Union launches MyWU prepaid card jointly with Lottomatica

17 Oct 13 @ 09:33

The Western Union Company together with Lottomatica and MasterCard have launched the My WU reloadable prepaid card in Italy. Lottomatica, the brand through which GTECH S.p.A operates in Italy, is one... read more

Square takes aim at PayPal, Google and others

17 Oct 13 @ 09:25

Square has introduced Square Cash; a new service that allows users to send money by sending an email. With Square Cash, “individuals no longer need to write checks, pay ATM fees... read more

U.S. Bank launches mobile commerce for major retailers

09 Oct 13 @ 15:23

U.S. Bank says it will accelerate the delivery of a mobile commerce product discovery and shopping service that provides an easier way for top-tier retailers to help consumers interact with and buy... read more

Raphaels Bank get double win at Prepaid Awards 2013

08 Oct 13 @ 14:17

One of Britain’s oldest independent banks, Raphaels Bank, won two awards at the prestigious Prepaid Awards at the Lancaster Hotel, London on 2nd October 2013. Commercial Director, Mike Smith was voted Leading Global... read more

Occupy Money launches pre-paid Visa debit card

01 Oct 13 @ 13:25

The founders of the Occupy Money Cooperative, an off shoot of the  Occupy Wall Street group say they intend to launch a prepaid Visa card that will carry a small monthly fee. The... read more

PayPal closes in on deal for Braintree Payments

24 Sep 13 @ 14:13

Research firm Gartner expects the mobile-payments market to grow by 31% this year to $235.4 billion — and to increase by more than three-fold by 2017. For this reason, PayPal... read more

UK consumers have more credit available on cards than in past two years

05 Sep 13 @ 12:18

FICO released its quarterly UK cards data showing that average credit card limits are at their highest point in over two years. Consumer spending has also increased, while delinquency rates are... read more

Vodafone launch smartpass NFC in Spain

05 Sep 13 @ 11:30

Vodafone has announced that all its customers will be able to use Vodafone SmartPass to make mobile payments from a Visa prepaid card account at over 250,000 stores across Spain by... read more

Bank of Thailand outlaws Bitcoin

01 Aug 13 @ 01:25

The Bank of Thailand declared Bitcoins illegal on Monday, making it the first country to ban the virtual currency. According to an online statement by Bitcoin Co. Ltd., which facilitates the trading of the currency, the ruling came after months of meetings between the company and Thailand's central bank. Thailand's Foreign Exchange Administration and Policy Department ultimately decided on the ban "due to lack of existing applicable laws, capital controls and the fact that Bitcoin straddles multiple financial facets."

First Data and Raiffeisen Polbank extend processing agreement in Poland

26 Jul 13 @ 01:34

First Data Corporation, a global leader in electronic commerce and payment processing, has today announced the extension of its contract with Raiffeisen Polbank, one of its five largest customers in... read more

Prepaid revenue growth has strong tailwind

23 Jul 13 @ 01:40

First Annapolis forecasts that U.S. open-loop prepaid revenue will reach $4.5 billion in 2013, up from $3.8 billion in 2012. Historically, growth rates on prepaid load volume, transactions, and revenue... read more

Riskskill Warns of a ‘Cocktail’ of risks

16 Jul 13 @ 02:24

Leading corporate risk prevention consultancy and analyst Riskskill, a division of UKFraud (www.ukfraud.co.uk), is warning that the expected rapid growth of the global mobile payments market will create a potential... 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