PPRO Group, the leading cross-border e-payment specialist has partnered with Mastercard to integrate the Mastercard Pay by Bank app solution into the PPRO payment platform for UK merchants. With mobile commerce having become the most popular method of online mobile transactions, accounting for 52% of all online retail sales in 2017 alone, the partnership will put mobile banking at the centre of the consumer payment experience.
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Harnessing big data is becoming standard practice for IT and marketing teams in technology, but DLA Piper's 2018 Tech Index reveals that a revolution may now be underway in finance and sales departments as well.
SWIFT today announces it will begin piloting an integrated pre-validation gpi payments service, focussing on enabling the speedy identification and elimination of errors and omissions in payment messages.
One of the lead articles in this edition of Financial IT highlights how banks will continue to beexcited about Artificial Intelligence (AI) in 2019. There will be experimentation involving AI.There will be investment in AI. However, mainstream adoption of AI solutions are unlikely. This is partly because the demands of clients are complex and increasingly sophisticated. Chatbots maybe able to reduce costs and boost efficiency, but they are not – yet – able to provide the tailoredcustomer experience that clients are looking for.
Ondot Systems, the global leader in powering mobile payment services, today announces a new suite of mobile, digital solutions that enable UK and Europe’s largest banks to compete and disrupt emerging challengers.
The largest European banks closed more than 9,000 branches over last years and shed 50,000 staff. These figures reflect the latest banking trend - digitization of settlement instruments and bank branches. The market of mobile and contactless payments, digital currencies, and etc. are rapidly growing.
Understanding AI is non-negotiable for insurance carriers. Out of the entire spectrum of technology that have the potential to affect the insurance industry, the consensus is growing that AI is likely to have the biggest impact. The industry certainly believes this; insurance carriers’ investments in AI are increasing year-on-year, with the trend is set to continue, at least into 2019.
Natixis Payments brings its Apetiz’s customers Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay that’s fast and convenient.
In a UK banking first, Barclays has today announced a service where Deaf or hard of hearing customers will be able to have their telephone conversations with the bank interpreted by a lipspeaker: a hearing person who can provide communication support by being easily lip read.