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Pope weighs in on AI ethics debate

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Pope weighs in on AI ethics debate

The Pontiff is the latest public figure to offer an opinion on the ethics of using artificial intelligence (AI), issuing a set of principles on the use of new technology.

Euro agencies to develop blockchain forensics

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Euro agencies to develop blockchain forensics

Two defence agencies in Austria and France are joining forces to improve cryptocurrency security and tackle the rising rate of crime in the crypto market.

Unlocking Revenue Through Digital Identity

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Unlocking Revenue Through Digital Identity

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Meeting due diligence requirements is akin to conducting an orchestra

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Meeting due diligence requirements is akin to conducting an orchestra

Compliance officers in financial services should think of themselves as orchestra conductors, according to Charles Gaddy, co-founder of identity verification service company, Global Data Consortium.

NatWest tests biometric payment fob

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NatWest tests biometric payment fob

NatWest is issuing a payment fob linked to a customer's fingerprint that will allow contactless payments of up to £100 to be made without the use of a bank card or mobile phone.

UK charges ahead with legal certainty for smart contracts and cryptoassets

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UK charges ahead with legal certainty for smart contracts and cryptoassets

In a landmark statement, the UK Jurisdiction Taskforce of the Lawtech Delivery Panel today set out the recognition of cryptoassets as tradable property, and smart contracts as enforceable agreements under English Law.

The CIO’s blueprint for streamlining digital business agreements

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The CIO’s blueprint for streamlining digital business agreements

80% of financial institutions will become irrelevant by 2030 due to their inability to compete with digitally-savvy rivals, according to research by Gartner.

HSBC claims hyper-personalised banking will be driven by digital ID

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HSBC claims hyper-personalised banking will be driven by digital ID

A new report from HSBC reveals that the traditional products-based approach in retail banking will be replaced by hyper-personalised services, where customer personal data will be collated to form a central digital ID.

Will trust woes undermine Open Banking under PSD2?

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Will trust woes undermine Open Banking under PSD2?

In a roundtable discussion held Wednesday in London hosted by digital payments firm PPRO, industry leaders met to explore the impact PSD2 has imposed on key players in Open Banking and the changes needed to achieve the regulation’s objective in 2020 and beyond.

Money 20/20: Fusion centres are the future of fraud prevention

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Money 20/20: Fusion centres are the future of fraud prevention

Security executives have a bigger seat at the table when making product decisions in the world of faster payments and online account origination. At Money 20/20 USA, industry experts discuss how technical knowledge and business issues need to be married to truly meet the realities of digital transformation and prevent fraud.

Money 20/20: Calibra head claims Libra AML efficacy higher than other payment networks

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Money 20/20: Calibra head claims Libra AML efficacy higher than other payment networks

While Libra, the global currency governed by the Libra Association, has unveiled a plethora of opportunities for trailblazers to disrupt financial infrastructures, the project has been questioned around trust and regulation.

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paysafecard now available in Galaxy Store following deal with Samsung

paysafecard, the prepaid online cash payment method from Paysafe Group (Paysafe), a leading global payments provider, has entered a new partnership with Samsung.

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Agora and Onfido partner for blockchain e-voting service

Today, Onfido announced a strategic partnership with Agora, a leading blockchain-based e-voting provider, to make secure and robust online voting a reality.

Sibos 2019: Cyber-attackers operate like serial killers

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Sibos 2019: Cyber-attackers operate like serial killers

Riffing on the risks involved with thriving in a hyper-connected world, Sibos 2019 in London explores the dangers of cyber attacks and how they can have a contagion effect across broader financial systems and impact financial stability.

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Q2 taps Socure for ID verification

Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its partnership with Socure to deliver best-in-class digital identity verification and fraud protection capabilities through Q2 Open’s CorePro, an agile, cloud-based core processor and system of record.

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Compliance Hub product for SMEs launched by Shield

Specialist RegTech provider Shield is proud to announce the launch of Shield for small to medium sized (SME) investment firms, a dedicated new version of its cloud-based, cross-regulation and comprehensive eComms compliance platform that specifically caters for the needs of small and medium-sized financial services firms, which has been developed in response to industry demand.

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Icici Bank UK debuts digital account opening facility

ICICI Bank UK PLC has announced the launch of a digital account opening facility that allows customers to open a personal current account instantly using the Bank’s mobile application.

Sibos 2019: How to innovate beyond open banking

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Sibos 2019: How to innovate beyond open banking

Spotlight sessions at Sibos 2019 in London had one key message: change is the only constant in open banking. Lisa Robins, global head of transaction banking at Standard Chartered, kicked off afternoon keynotes at the Excel Centre by comparing how Shazam solves the problem of forgetting the name of songs to how open banking has disrupted the financial services industry.

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Unilever signs up for Deutsche Bank digital signatures

Unilever now uses Deutsche Bank’s digital signature solution for its global cash management activities with the bank.

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FICO fights real-time payment fraud with new AI product, Falcon X

FICO® Falcon X, announced today at the Finovate conference in New York, delivers groundbreaking AI and machine learning technology aimed at preventing new forms of fraud and financial crime that are enabled by the rapid adoption of real-time payments.

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