Tag: Banking and Payments
NatWest prevented £7m of corporate fraud using machine learning
NEWSBYTE UK bank NatWest has claimed that it has prevented £7 million worth of false payments by using a machine learning system.
The bank deployed...
Gemalto launches first biometric card for contactless payments
New EMV card reads the fingerprint of the person holding it and compares it with biometric details already held on the card.
Digital security company...
Eight examples of how IoT is improving retail banking
The financial services sector has been slow to embrace the IoT – but look hard enough and you’ll find some retail banking bright lights...
Crunchfish aims to make mobile payments swimmingly easy
Crunchfish is on a mission to make mobile payments as simple as holding a mobile phone next to a card reader.
The trouble with mobile...
SAP: Banks must prepare for open banking age
In an exclusive interview, John Bertrand, industry value engineer at software giant SAP, talks Internet of Business through the likely impact of open banking...
IBM gets into bed on mobile with fintech Dream Payments
Tech giant IBM has teamed up with a Toronto-based fintech company Dream Payments, with the goal of transforming the way mobile payments are made...