-
Sep 1, 2024 | 
thepaymentsassociation.org | Fatemeh Nikayin
Banks and criminals are locked in competition for customers and transaction revenue, using advanced technologies as weapons of choice. Technologies that deliver speed and convenience in modern banking, if unprotected, can be weaponised against unassuming consumers, who are falling prey in record numbers to account-to-account payment fraud.
-
Aug 4, 2024 | 
fintechfutures.com | Fatemeh Nikayin
In 2020, the European Payments Initiative (EPI), a collaborative endeavour between the European Central Bank (ECB), payment providers and 16 of the continent’s major banks, set out to create a unified digital payment service for Europe. Four years later, following acquisitions across Europe and intense development efforts, the EPI has launched its account-to-account payment solution Wero in Germany, with Belgium, France and the Netherlands expected to follow shortly.
-
Jul 22, 2024 | 
thepaymentsassociation.org | Fatemeh Nikayin
Since its inception in 2016, the Swift Customer Security Programme (CSP) has evolved its framework to facilitate safe, secure money movement throughout the global banking community. Designed to protect enrolled financial institutions in the Swift network, CSP guidelines are routinely updated in response to emerging trends in cybersecurity and fraud.
-
May 14, 2024 | 
zephyrnet.com | Fatemeh Nikayin
We kẹkọọ back in February that Klarna's AI chatbot was doing the work of 700 people. Today, Klarna is iroyin about its employee's internal use of AI. It's internal AI assistant, named Kiki, is answering 2,000 employee questions a day and over 87% of its employees are now using it. Kiki helps manage and distribute internal knowledge and guarantees answers to questions within five seconds. Klarna's communications and legal teams are also using generative AI.
-
May 14, 2024 | 
zephyrnet.com | Fatemeh Nikayin
We savant back in February that Klarna's AI chatbot was doing the work of 700 people. Today, Klarna is rapports about its employee's internal use of AI. It's internal AI assistant, named Kiki, is answering 2,000 employee questions a day and over 87% of its employees are now using it. Kiki helps manage and distribute internal knowledge and guarantees answers to questions within five seconds. Klarna's communications and legal teams are also using generative AI.
-
May 14, 2024 | 
zephyrnet.com | Tony Zerucha |Fatemeh Nikayin
We learned back in February that Klarna's AI chatbot was doing the work of 700 people. Today, Klarna is reporting about its employee's internal use of AI. It's internal AI assistant, named Kiki, is answering 2,000 employee questions a day and over 87% of its employees are now using it. Kiki helps manage and distribute internal knowledge and guarantees answers to questions within five seconds. Klarna's communications and legal teams are also using generative AI.
-
May 13, 2024 | 
fintechnexus.com | Fatemeh Nikayin
In today’s digital age, global interest in chargebacks has surged due to the exponential growth of online commerce. Cardholders are increasingly aware of their rights and are quick to initiate chargebacks in cases of dissatisfaction or suspicion of fraud. As consumers grow savvier, banks and financial firms face complex challenges when addressing their rights. As mentioned, we see a growing trend in the soaring popularity of chargebacks.
-
Mar 27, 2024 | 
thepaymentsassociation.org | Fatemeh Nikayin
Unveiling the complexities and optimisation opportunities in the card payments industry’s operational landscape. On first inspection, the card payments industry appears to be a mismatch of service providers covering similar functions. However, each firm has an important role in the card payment process.
-
Jan 28, 2024 | 
finextra.com | Hugo Chamberlain |Saloni Ramakrishna |Francesco Fulcoli |Fatemeh Nikayin
Information has become as valuable as currency in the current financial sector globally, especially in investment circles. As such the impact of anonymous messages on market dynamics has become a topic of immediate concern. Recent events have thrust this
issue into the limelight, highlighting the urgent need for a deeper understanding of how undisclosed communications sway investor decisions and market trends.
-
Jan 25, 2024 | 
finextra.com | Nikhita Hyett |Santosh Radhakrishnan |Brad Strock |Fatemeh Nikayin
Uldis Tēraudkalns, CEO of Nexpay
We’ve come a long way since Electronic Money Institutions (EMIs) first appeared in the 2000s. 20 years ago, there was concern about where this e-money trend was taking banking. But time has proved the doubters wrong. According to a
KPMG report, in Europe (not counting the UK) between 2017 and 2021, 852 firms were granted authorisation as EMIs as well as Payment Institutions (PIs) or Account Information Service Providers (AISPs).
