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Posts Tagged ‘AI’

Mastercard harnesses gen AI to detect fraud

By Ellie Duncan | 2 February 2024

Mastercard’s new generative AI technology will scan an “unprecedented” one trillion data points.

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X to rollout P2P payments this year

By Ellie Duncan | 11 January 2024

In a company update, the social media platform confirmed its plans to launch peer-to-peer payments.

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Where next for collections management in a digital-first world?

By Ellie Duncan | 4 January 2024

An Open Banking Expo roundtable, in association with CRIF, brought together banks and lenders to discuss how they are adopting a digital-first approach to collections.

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Saudi Arabian fintech Hakbah partners with Tarabut

By Ellie Duncan | 2 January 2024

Social savings platform Hakbah aims to “digitise” traditional savings habits in Saudi Arabia, where 70% of citizens are without emergency savings.

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Feature: How will Open Banking shape up in UK and Europe in 2024?

By Ellie Duncan | 21 December 2023

Brite Payments, NatWest, Token.io and Finastra consider the outlook for Open Banking in the UK and Europe, with VRP, PSD3 and fraud prevention top of mind.

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Bunq ‘redefines’ banking with new generative AI-powered platform

By Ellie Duncan | 21 December 2023

The neobank’s new generative AI platform, Finn, replaces the search function on the app.

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Liberis secures $112m in debt financing from HSBC Innovation Banking

By Ellie Duncan | 7 December 2023

The joint debt facility from HSBC Innovation Banking and BCI Capital will fund Liberis’ expansion into new European markets in 2024.

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Airwallex uses generative AI to hone customer onboarding

By Ellie Duncan | 6 December 2023

Airwallex has plans to roll out additional AI-powered functionalities in 2024.

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Finastra: Global FIs prioritise investment in AI, Open Finance

By Ellie Duncan | 27 November 2023

The latest global survey of banks and FIs by Finastra found that they are investing in technologies to “personalise the customer experience”.

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FCA authorises Klarna to provide regulated credit and payments services

By Ellie Duncan | 24 November 2023

Klarna has established a new UK-based entity, Klarna Financial Services UK, ahead of the expiration of the regulator’s Temporary Permissions Regime.

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