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Zilch extends partnership with AWS

News | Online Payments | 24 Apr 2024

UK-based payments technology company Zilch has extended its partnership with Amazon Web Services (AWS) to support the launch of AI capabilities across its proposition. 

partnership, artificial intelligence, machine learning, fraud detection, customer experience, payments

Pico updates Corvil Analytics with ML and AI capabilities

News | Digital Identity, Security & Online Fraud | 24 Apr 2024

US-based technology services, data, and analytics provider Pico has added machine learning and AI capabilities to its Corvil Analytics 10.0 software release.

artificial intelligence, machine learning, data analytics, product upgrade

Cognizant joins forces with FICO

News | Digital Identity, Security & Online Fraud | 19 Apr 2024

US-based professional services company Cognizant has entered a strategic collaboration with FICO in a bid to introduce a cloud-based payment fraud prevention solution. 

partnership, fraud management, fraud detection, fraud prevention, transaction fraud, real-time payments

Ramp secures USD 150 million in Series D-2 round

News | Online & Mobile Banking | 19 Apr 2024

US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.

funding, spend management, investment, risk management, payments

The threats and opportunities of the AI revolution in compliance

Voice of the Industry | Digital Identity, Security & Online Fraud | 18 Apr 2024

Paola Cristina Nunez Ameri, CRCO and AMLCO, at Citibank Europe: ‘Artificial Intelligence has arrived, our job is to implement it ethically and responsibly.’

compliance, artificial intelligence, banks, AML, KYC, transaction monitoring, risk management

DataVisor, Mitek team up for check fraud protection

News | Digital Identity, Security & Online Fraud | 16 Apr 2024

DataVisor, an AI-powered fraud and risk platform, has announced a collaboration with Mitek, aimed at enhancing the comprehensive check fraud protection offerings within its platform.

partnership, financial institutions, artificial intelligence, machine learning, fraud detection

Shaping the future of the payments industry: key insights from MPE 2024

Voice of the Industry | Ecommerce | 12 Apr 2024

We highlight key topics discussed at MPE 2024, such as the evolving trends in payment optimisation, marketplaces and online platforms, real-time payments, GenAI, and cross-border payments.

payments , account-to-account payment, marketplace, online platform, PSP, merchants, Issuer, Acquirer, real-time payments, generative AI, cross-border payments, ecommerce, payments orchestration, Open Banking, Open Finance, PSD3, payment methods, API, CBDC, artificial intelligence, KYC

FloQast secures USD 100 million in Series E funding

News | Online & Mobile Banking | 11 Apr 2024

Finance and accounting operations platform provider FloQast has obtained USD 100 million in a Series E funding round.

funding, investment, financial services, partnership

Cognizant partners with Shopify and Google Cloud

News | Payments General | 11 Apr 2024

US-based professional services company Cognizant has announced its strategic partnership with Shopify and Google Cloud, aiming to advance digitalisation for global retailers. 

partnership, digital payments, digitalisation, retail, ecommerce, ecommerce platform

Linedata announces the acquisition of DreamQuark

News | Online & Mobile Banking | 09 Apr 2024

Financial software provider Linedata has announced the acquisition of France-based AI-platform developer DreamQuark.

acquisition, startup, artificial intelligence, financial services

Innovation in payments: what role do policy and regulation play?

Voice of the Industry | Payments General | 09 Apr 2024

Paul Worthington, Head of Regulatory Affairs at Innovate Finance, speaks about the role policy and regulation play when it comes to payment innovation.

stablecoin, central bank, policy, regulators, CBDC, Open Banking, payments

Navigating KYB challenges in modern banking and merchant onboarding

Voice of the Industry | Digital Identity, Security & Online Fraud | 08 Apr 2024

As businesses undergo digital transformation, the need for robust KYB processes has never been more stringent. Understanding and verifying the identity of businesses is not just a regulatory requirement but a strategic imperative.

KYB, KYC, digital onboarding, fraud prevention, AML, merchants, UBOs, data privacy

Optimising customer journeys: QR codes, P2P transfers, and crypto exchange tools

Voice of the Industry | Payments General | 04 Apr 2024

Alex Volk explores innovative payment solutions tailored for businesses facing legal restrictions or limited bank card use. From P2P transfers to QR codes and crypto wallets, discover how these alternatives enhance transaction success and streamline the customer journey.

QR payments, P2P payments, cryptocurrency, payments , transactions , payment methods, cryptocurrency exchange, merchant, regulation, banks

CaixaBank to enhance cyber threat prevention

News | Digital Identity, Security & Online Fraud | 03 Apr 2024

Spain-based financial institution CaixaBank has announced its plans to be part of two European consortia in a bid to prevent cyber threats and improve incident response. 

cybercrime, cybersecurity, online security, artificial intelligence, financial services

Paytronix report: First-party ordering spurs revenue growth

News | Ecommerce | 02 Apr 2024

US-based digital customer engagement provider Paytronix has published the 2024 Paytronix Online Ordering Report, showing that first-party shopping increases revenue.

ecommerce, report, checkout optimisation , loyalty programme, artificial intelligence

Blue Yonder acquires One Network for USD 839 mln

News | Payments General | 02 Apr 2024

Blue Yonder, a player in digital supply chain transformations has announced its intention to acquire One Network Enterprises (One Network) for around USD 839 million, subject to adjustments.

partnership, acquisition, supply chain finance, data analytics

6G Digital acquires 25% stake in FlexM Global for USD 12.5 mln

News | Online & Mobile Banking | 01 Apr 2024

Sweden-based fintech 6G Digital has bought a 25% stake in Singapore-based fintech FlexM Global for USD 12.5 million to augment the banking and money transfer landscape.

fintech, acquisition, money transfer, financial inclusion, banking

US Treasury releases report on AI's impact on financial cybersecurity

News | Digital Identity, Security & Online Fraud | 01 Apr 2024

The US Treasury has released a report focused on the impact of artificial intelligence (AI) on cybersecurity within the financial services sector.

artificial intelligence, report, cybersecurity, research, financial services

FedNow: addressing the glacial pace of instant commercial payments adoption in the US

Voice of the Industry | Payments General | 29 Mar 2024

Kim Kacal, Payments lead for North America at Accenture, and Tim O'Donnell, Payments managing director at Accenture, explore the roadblocks keeping some banks from embracing FedNow, the Federal Reserve’s new instant payment service. 

FedNow, banks, ISO 20022, B2B payments, ACH, real-time payments, artificial intelligence, fraud detection

Plaid announces new partnerships to combat fraud

News | Digital Identity, Security & Online Fraud | 28 Mar 2024

Plaid has announced its partnerships with Sandbox Banking and RealPage in order to prevent fraud across several markets and ensure a more secure customer experience. 

partnership, product launch, fraud management, fraud prevention, fraud detection, online fraud, identity theft, identity fraud, identity verification