When it comes to digital commerce, payers and businesses are clear on one thing: they want checkout to be fast, safe and simple. But while clicking “pay” and moving on sounds great, in practice it’s rarely that smooth. Checkout friction — the dreaded lags, glitches...
Seamless checkout is a winning mantra for retailers looking to capture sales and delight their customer bases. Customers largely expect a fast, secure and intuitive checkout process. However, hurdles remain, and a seamless checkout isn’t always as easy as click-pay-done. “Despite the shift to digital...
Singapore’s banking regulator announced plans to promote tokenization in the financial services industry. The Monetary Authority of Singapore (MAS) said the effort will include deepening the liquidity of tokenized assets by the formation of commercial networks, according to a Monday (Nov. 4) press release. “MAS...
Visa reportedly uses more than 500 generative artificial intelligence applications and is looking to add more. The company aims to gain the benefits of the technology sooner than others and keep up with the increasingly sophisticated threats the industry faces from fraudsters, The Wall Street...
November 05, 2024
Seamless checkout is a winning mantra for retailers looking to capture sales and delight their customer bases. Customers largely expect a fast, secure and intuitive checkout process. However, hurdles remain, and a seamless checkout isn’t always as easy as click-pay-done. “Despite the shift to digital payments, barriers still exist, creating a poor experience for both […]
October 31, 2024
Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on money movement takes a twist...
October 31, 2024
As platform businesses strive to maintain a competitive edge, the readiness to harness data effectively is a factor driving success. Given the world’s digital landscape, the ability to analyze and...
October 30, 2024
In payments, mitigating fraud and risk is essential. Fraud is growing, and access to advanced tools helps fraudsters exploit payments vulnerabilities. Companies must prioritize robust defenses to safeguard their operations....
November 06, 2024
The U.K. is providing a platform to help businesses assess and mitigate the risks associated with artificial intelligence (AI) as its use becomes more widespread. A press release from the U.K. government Wednesday (Nov. 6) described the AI safety assurance platform as a “one-stop-shop” for guidance and resources to equip businesses to conduct their own […]
November 04, 2024
Singapore’s banking regulator announced plans to promote tokenization in the financial services industry. The Monetary Authority of Singapore (MAS) said the effort will include deepening the liquidity of tokenized assets...
November 01, 2024
Visa reportedly uses more than 500 generative artificial intelligence applications and is looking to add more. The company aims to gain the benefits of the technology sooner than others and...
October 31, 2024
Payments processor Thredd introduced a suite of compliance and risk management services. The new offerings are designed to help FinTechs, program managers and their bank sponsors address heightened concerns about...