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Global Payments Enables Tap to Pay on iPhone for Merchants in Taiwan

Global Payments, Inc., a leading worldwide provider of payment technology and software solutions, today enables Apple's Tap to Pay on iPhone contactless payment acceptance technology for merchants in Taiwan, empowering merchants of all sizes to accept contactless payments securely and seamlessly using only an iPhone and the TapPay iOS app, no additional hardware needed.

Wednesday, November 1, 2023 - 09:08
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Financial IT
Alibaba Cloud Launches Tongyi Qianwen 2.0 and Industry-specific Models to Support Customers Reap Benefits of Generative AI

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced the launch of Tongyi Qianwen 2.0, its latest large language model (LLM), along with new industry-specific models at its annual flagship tech event Apsara Conference. This release signifies significant progress in Alibaba Cloud's pursuit of cutting-edge AI innovation and its ongoing commitment to fuelling digital transformation in businesses.

Wednesday, November 1, 2023 - 08:59
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/news/cloud/alibaba-cloud-launches-tongyi-qianwen-20-and-industry-specific-models-support-customers
Financial IT
Onfido Survey: Businesses Risk Losing Trillions by Ignoring the Use of AI for Fraud Prevention

Onfido, the global leader in automated identity verification, today released the results of a study surveying over 1,500 business leaders from industries including financial services, gaming, retail, healthcare, transportation, legal and telecoms, across the US, UK, and Italy to examine perceptions, challenges and usages of AI. The research shows that as interest and investment in AI technology soars, leaders are concerned about the growth of AI-powered cyber threats.

Wednesday, November 1, 2023 - 08:53
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/news/fraud-detection/onfido-survey-businesses-risk-losing-trillions-ignoring-use-ai-fraud-prevention
Financial IT
MetaMask Adds Privacy-Preserving Security Alerts That Aim To Prevent Billions From Being Stolen

Today, MetaMask, the world’s leading self-custody web3 platform developed by Consensys, and Blockaid, a leading web3 security provider, announce the

Wednesday, November 1, 2023 - 08:47
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/news/security/metamask-adds-privacy-preserving-security-alerts-aim-prevent-billions-being-stolen
Financial IT
Create Quantum Taskforce to Seize Multibillion Pound Opportunity and Guard Against Risks

UK Finance has today launched two reports revealing the risks and opportunities of quantum for the UK financial services sector. The reports Quantum Risks and Quantum Opportunities together set out seven recommendations including the creation of a quantum taskforce, to seize the multibillion-pound opportunities from the technology while also guarding against the risks.  

Wednesday, November 1, 2023 - 08:05
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/news/security/create-quantum-taskforce-seize-multibillion-pound-opportunity-and-guard-against-risks
Financial IT
Brazilian QI Tech Secures $200M Series B Led by General Atlantic

Brazilian banking-as-a-service startup QI Tech has raised $200 million in a Series B round of funding led by General Atlantic.

Tuesday, October 31, 2023 - 14:08
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/news/fundraising-news/brazilian-qi-tech-secures-200m-series-b-led-general-atlantic
Financial IT
Surecomp Welcomes Semsoft’s Trade Risk Intelligence Solution LESTR to its Digital Trade Finance Hub RIVO

Surecomp today announced that Semsoft is the latest fintech to be integrated to its trade finance hub RIVO. The company’s flagship solution LESTR - an advanced artificial intelligence (AI) and data analytics maritime and trade risk intelligence platform - enables companies to monitor suspicious activity across their international trade operations.

Tuesday, October 31, 2023 - 12:58
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/news/trade-finance/surecomp-welcomes-semsofts-trade-risk-intelligence-solution-lestr-its-digital
Financial IT
PXP Financial Taps Foregenix for Risk Monitoring
PXP Financial, the experts in global acquiring and payment, services, today announces a new partnership agreement with Foregenix, global leaders in cyber security in payments, digital forensics and PCI compliance. 
 
Tuesday, October 31, 2023 - 11:06
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/news/security/pxp-financial-taps-foregenix-risk-monitoring
Financial IT
Travelex Celebrates Twenty Years of Retail Trading in Japan

Travelex, a market-leading foreign exchange brand is celebrating its 20th anniversary in Japan, having established a network of over 70 retail stores across the country. 

Tuesday, October 31, 2023 - 09:57
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/news/infrastructure/travelex-celebrates-twenty-years-retail-trading-japan
Financial IT
Insurtech Sprout.ai Raises £5.4 Million from Global Investors to Transform Claims Processing

AI-led insurance claims automation company, Sprout.ai, has raised £5.4 million in a round led by venture capital investors Amadeus Capital Partners and Praetura Ventures. 

UK investor Capricorn Capital Partners, US investor Forefront Venture Partners, Canadian investor Verstra Ventures and UK investor Portfolio Ventures Angel Fund join Sprout.ai’s existing investors, Octopus Ventures, Playfair and Techstars in the round.

Tuesday, October 31, 2023 - 09:50
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Financial IT

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