NFC World

Whether you’re an organisation using AI-driven chatbots for customer enquiries, developing predictive algorithms for credit risk, or image recognition software for security purposes, the upcoming legal obligations of deploying certain artificial intelligence (AI) technologies under the EU’s landmark AI Act may severely impact your data handling practices. An introduction to the AI Act A team […]

Forter has released findings from a national consumer study that found the majority of respondents (61%) have shifted their online shopping habits as a result of higher prices, signalling a need for brands to evolve with their customers. Rising costs are changing consumer habits From groceries and home furnishings to clothes and transportation, just about

The $30 billion preliminary interchange fee settlement between Mastercard, Visa and retailers has been formally rejected by the US courts. US court rejects interchange fee settlement The ruling means both Visa and Mastercard will have to make more concessions to resolve their long-standing dispute with US merchants and industry bodies. Mastercard and Visa reached their

When digital merchants are planning their future investments, few of them will look back to the mid-19th century for inspiration. But, when it comes to their payment capabilities, a new white paper from local payment specialists Boku suggests they should read up on the work of Carl Menger – the founder or the Austrian School

The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, which was launched on 1 November 2023 with the aim of laying the foundations for the potential issuance. Progress report on digital euro preparation The report outlines the progress made on key design aspects and the envisaged next steps

ACI Worldwide and RS2, a global payments processor and technology provider, have joined forces to offer a one-stop solution for acquirers and issuers in Brazil. RS2 solution for Acquirers and Issuers in Brazil The new offering combines the best of ACI’s and RS2’s acquiring and issuing capabilities, supporting financial institutions, integrated software vendors, payment facilitators, independent

There’s something interesting happening in the world of direct carrier billing (DCB). And it could have a transformative impact on the scale and scope of this as-yet under-represented payment category. The agent model and direct carrier billing That “something” is called the agent model. It’s now being promoted by the big beasts in the DCB

Senator Ted Budd (R-NC) has introduced the Secure Payments Act, which would require the Federal Reserve to pause its Regulation II Debit Card Interchange Fee proposal until it completes a full quantitative impact study of its effects on consumer costs and the wider economy. New debit card interchange fee bill introduced “The Federal Reserve’s Regulation

Delivering accessible financial services for all citizens is not just the right thing: it’s increasingly a regulatory requirement. Phygital payments: increasing access for everyone As part of our series on the phygital payments future powered by leading PayTech specialists G + D, we look at how a blend of physical and digital payment technologies is making

What is Neteller? Neteller is an e-wallet or an online payment method that enables its users to make payments for goods and services or transfer money online. Neteller: The newest payment method Neteller was introduced in the market in 1999 and has ever since established itself as a trustworthy payment system for numerous online services