BankTech

The Wonderful By-Effects of Unified Payments Interface (UPI)

If 2016 should be remembered for something, it's the launch of the first Visa/Mastercard/SWIFT-free payments system – the Unified Payments Interface (UPI) by the National Payments Corporation of India (NPCI). UPI is an open-source platform designed for the mobile age that helps with easy integration of various payment platforms. UPI...

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Fintech

Collaboration Will Drive the Next Wave of Innovation

The next wave of payment FinTech innovation will undoubtedly come from FinTech-bank or digital ecosystem-bank collaborations. In most cases today, far from being rivals, banks and FinTechs need each other and should consider each other as potential partners, says Matthaeus Sielecki, Head of Working Capital Advisory – Financial Technology, Deutsche...

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Payments

Worldpay Extends Relationship With Ingenico (UK) Limited

September 1, 2016 - Ingenico (UK) Limited announced the extension of its commercial relationship with Worldpay UK. Ingenico (UK) Limited will continue to act as Worldpay UK’s preferred supplier of card payment terminals until 2020. This extended relationship comes at a time when both market leading businesses are continuing to invest in and...

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Enabling Technologies

Boku Raises $13.75 Million in Further Venture Funding

Boku attracts significant backing as Google, Microsoft, Sony and Spotify all focus on carrier billing Boku, the world’s largest direct carrier billing mobile payments company, is pleased to announce that it has secured $13.75 million in further venture funding to expand carrier billing across numerous carrier connections in developed and...

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Payments

AI Is Not the Future, It's the Present

With all the fascination around artificial intelligence (AI) as an immense part of the future, there is an underestimation of how firmly AI is rooted in the present already. Bright entrepreneurs have brought AI to agriculture, the oil and gas industry, radiology, financial technology, security and more. In fact, the largest...

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BankTech

Cash Is a State-Backed Utility – Part 3

The only reason cash works, as in everyone accepts it, everyone trades it, everyone saves it, and everyone bets on it – literally and metaphorically – is because the state backs it. Cash’s killer application is its ubiquity in terms of acceptance and usage. Cash’s design is highly intuitional. It...

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BankTech

How Cognitive Computing Can Transform Businesses

Every day an infinite amount of unstructured data is being generated and stored by organizations across industries. To make sense of that data and apply it into effective decision-making, companies increasingly lean on AI-powered solutions. A particularly interesting area of AI – cognitive computing – is one of the forces...

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