Leumi Card to use Feedzai’s artificial intelligence platform to fight fraud

Leumi Card to use Feedzai’s artificial intelligence platform to fight fraud — Feedzai — “‘Fraud mitigation tools have not kept pace with today’s mobile-enabled, always-connected consumers,’ said Gilead Kehat EVP human resources and staff of Leumi Card, ‘Feedzai’s agile machine learning platform helps predict and prevent fraud before it impacts our customers.’”



US consumers turn to digital payments for online purchases

American Express

More than 70% of online shoppers across the US have used digital payment services including mobile wallets, one-click checkout buttons and peer-to-peer (P2P) payment apps, research released by American Express reveals, with 41% “always or sometimes” choosing to use digital solutions when they pay... More


Gemalto and Dessmann enhance smart lock security with mobile convenience

Gemalto and Dessmann enhance smart lock security with mobile convenience — Gemalto — PARTNER NEWS — “The new solution from the global manufacturer of smart locks and safe boxes incorporates Gemalto’s Machine Identification Modules (MIM) and Secure Elements (SE), empowering users to lock and unlock doors with their smartphones or create digital key chains for multiple locks.”


Ease of use, data security are priorities for bank and credit card mobile app users, JD Power finds

Ease of use, data security are priorities for bank and credit card mobile app users, JD Power finds — JD Power — “More than two-thirds (69%) of study respondents indicate they have used a mobile payment service in the past 30 days. That number jumps to 76% among Millennials and Gen Z. This evidence suggests that efforts to integrate mobile payments with the mobile banking and credit card app experience would be beneficial.”





Rise of the technophobe – education key to tech adoption, says HSBC

Rise of the technophobe – education key to tech adoption, says HSBC — HSBC — “The study of more than 12,000 people in 11 countries reveals four in every five people (80%) believe that technology makes their lives easier but less than half (46%) trust fingerprint recognition to replace their password, despite it being recognised to be at least five times more secure and significantly more convenient than traditional passwords.”


Emirates Islamic is first Islamic bank to integrate blockchain technology into cheques

Emirates Islamic is first Islamic bank to integrate blockchain technology into cheques — Emirates Islamic — “Emirates Islamic will issue new cheque books carrying a unique QR (Quick Response) code on every leaf, along with a string of 20 random characters… In the next phase of the Cheque Chain project, the bank will have each cheque leaf registered on the Bank’s blockchain platform enabling it to validate the authenticity of the cheque at source.”





Walmart adds instant card issuance to Walmart Pay

Walmart Pay instant card issuance

Customers of US supermarket giant Walmart will now be able to make in-store payments using their Walmart credit card as soon as they are approved through the retailer’s Walmart Pay QR code-based mobile payments service — without having to wait for the physical card to arrive in the post... More





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