Banking & Payments DECODED
Latest edition: 09 May 2024
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Latest news
Artificial Intelligence - humanity's sidekick in tackling financial crime
When AI entered the mainstream, it instilled a sense of panic in many people. It was seen as a threat that would replace humans across the working world. Given the speed at which AI is advancing, and the emergence of technologies such as ChatGPT, this fear may seem reasonable.
DataMesh teams up with Visa
Australian-based paytech, DataMesh, is partnering with Visa to enhance card-acceptance payment processing experiences for merchants, acquirers, and consumers.
TISA Launches Select ID Scheme
TISA has launched Select ID, which it describes as a market-leading Digital ID scheme and marketplace. The launch is backed by a number of prominent financial and technological institutions including Barclays, Visa and Northern Trust. Select ID will allow consumers to choose their preferred Digital ID provider. At the same time, it will make it easy for companies to benefit from digital identity services that meet relevant regulatory requirements such as KYC and AML. Select ID will be positioned as the prime means for consumers to securely identify themselves to UK financial institutions with their choice of a reusable, secure Digital ID.
Standard Chartered and Olea Global partner to aid SME growth
Olea Global and Standard Chartered have formed a strategic partnership and formalised a memorandum of understanding (MOU) to boost SMEs.
FinTech Scotland partners with Cisco and Sword Ping
Cisco, Sword Ping and FinTech Scotland are teaming up to foster innovation, drive technology adoption and accelerate growth within the financial technology sector whilst ensuring that cyber-resilience is at the core of fintech innovation. The partnership connects Sword Ping and Cisco expertise with the growing fintech landscape in Scotland. And it supports the continued growth of Scotland’s fintech landscape.
NAB and Banked launch Pay by Bank
Global fintech, Banked, and National Australia Bank have teamed up to accelerate the number of Australian merchants adopting and integrating account-to-account (A2A) payments solutions.
Stratiphy leads £1m consortium to advance trustworthy AI solutions in FS
A consortium led by Stratiphy aims to accelerate the development and adoption of trustworthy AI solutions within financial services. A £1m grant from Innovate UK will be used to enhance its personal investment management solution by incorporating cutting-edge AI technology within it.
Payment cards dominate e-commerce payments in New Zealand with 57% share, reveals GlobalData
Payment cards are the preferred payment method for e-commerce purchases in New Zealand, accounting for 57% share in 2023, reveals GlobalData, publishers of EPI.
Sustainable Finance Summit & Awards 2024
In a renewed focus on pivotal aspects such as transition finance, financing green assets, and the role of emerging technologies, the Sustainable Finance Summit & Awards 2024 is set to make a significant step forward this year.
In our previous edition
Banking & Payments Decoded
08 May 2024
Banking & Payments Decoded
07 May 2024
Banking & Payments Decoded
How crypto exchanges can benefit from diverse payment solutions in the build up to the Bitcoin halving
06 May 2024
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