thepaypers

Machine Learning Innovations for Fighting Financial Crime in an Open Banking Era

Pedro Bizzaro, Feedzai`s CSO, reveals three breakthroughs in fraud management which are designed to tackle real-time payments risks: OpenML, AutoML and Genome The fight against financial crime is changing and banks are struggling to keep up. Financial institutions are already losing ground in the adoption of open banking initiatives like PSD2.

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Innovation, Expansion, Digitalisation – 2018 Payments Retrospective

Before turning off the lights on 2018, join us for a quick look at some of the topics that got our attention in the online and mobile payments space We expect transactions to be quick and around the clock – that is why change and innovation are constant when it comes to technology in the […]

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How Regulation Created a Fintech Boom in Brazil

Brazil is the ninth biggest economy in the world and leads ecommerce in Latin America with its 150,000,000 internet users. Brazilian fintech companies are playing an important role in navigating domestic complexities and creating forward-looking solutions for businesses and consumers.

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Mergers and Acquisitions Activity in the Payments Space

The Paypers presents an overview of the most relevant strategic and financial buys in the payments industry, of last year Payment Service Providers’ market is highly diversified, but we’re witnessing a change in this state of affairs, mainly as a result of two factors.

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MO Tecnologias, i2c to Give Latin Americans Access to Loans Loaded on Cards

MO Tecnologias has teamed up with i2c to integrate advanced card functionality with MO’s credit suite and loan management digital platforms.The partnership is meant to enable eligible consumers served by MO to access pre-approved loans loaded instantly on a card.

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“Alexa, Buy Me Stuff!” – Amazon and the Payments Space

Thad Peterson from the Aite Group explains how voice ecommerce has taken a lead in the industry by depicting the evolution of ecommerce The evolution of commerce Until the 1980’s, there were only three ways that consumers could engage in commerce with a merchant: in the store, on the phone, or with a catalog through […]

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How the Shift in Retail Drives Card Adoption in China

Nearly one-third of total retailing in China is expected to come from online channels by 2022, marking a nine-percentage point gain from 2017. This shift has resulted in several non-traditional financial service providers gaining share by reaching previously unbanked consumers through mobile devices and online marketplaces.

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Biometric Payments Between Security Concerns and Popularity

A new report from Transaction Network Services (TNS) has revealed that despite the significant growth of biometric payments, consumer display security concerns.

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Real-Time, Real Momentum: The Drivers of Real-Time Payments Adoption

Real-time payment infrastructure adoption has grown substantially in recent years. Over 30 European countries, plus the US and Australia, now either have or are developing their own version of a 24/7/365 realtime clearing solution. It is now up to banks to ensure that these new pioneering capabilities can be delivered to clients.

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Hyundai, Xevo Partner on In-vehicle Payments

Hyundai has partnered with Xevo to announce in-vehicle mobile payments on the car’s infotainment screen. The Hyundai Blue Link connected-car technology will soon let drivers find and pay for coffee, gas and parking without having to pull out their smartphone.

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Over Half of Cards Issued Globally Are EMV-enabled, EMVCo Finds

By the end of 2017, 54.6 percent of all cards issued globally were EMV-enabled, aggregated data published by EMVCo shows.According to the report, the number of EMV payment cards in worldwide circulation increased by 1 billion over the previous 12 months to 7.1 billion. The data also demonstrates that 63.

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Cryptocurrencies Welcomed in the News, but Not at the Checkout

Are cryptocurrencies as popular at the checkout as they are in the news? New research from Intrapay reveals that consumers are not totally on board with the idea of paying with cryptocurrencies.

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