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Experian Taps AWS to Accelerate Cloud Migration, Develop AI Use Cases

Fintech News

Experian has selected Amazon Web Services (AWS) as its preferred cloud provider as part of a broader move to expand its cloud infrastructure and scale up the use of generative artificial intelligence. The collaboration also supports efforts to democratise data technologies across its workforce.

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Volante Technologies Recognized as a Global Market Leader in Innovation: Payment Hubs, 2024–25 Omdia Universe Report

Fintech Finance

Volante Technologies , the global leader in Payments as a Service (PaaS), has been recognized as a Leader in The Omdia Universe: Payment Hubs, 202425 Report. ” said Deepak Gupta, EVP Product, Engineering & Services at Volante Technologies. Ouliana Smith, Senior Research Analyst, Financial Services at Omdia.

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Introducing the Paytiko GrowthHub: The future of payment technology

The Payments Association

Consumer expectations have evolved; they now require not only quickness but also flexibility, reliability, and personalised experiences during the checkout process. It is no longer sufficient for merchants to merely process transactions; they must optimize them. Its intelligence is founded upon this triumvirate.

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Generative AI in Payments: 4 Use Cases to Increase Revenue and Optimise Costs

Fintech News

Even more reassuring, 54% of FSIs surveyed in EMEA, USA, and APAC are already embedding AI into their offerings or expanding their initiatives, and 61% plan to use Gen AI in 2024. To overcome those barriers, Gen AI needs a payment processing platform with powerful data management and a 24/7 online front- and back-office.

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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. To achieve this, the PoC focused on three key processes: issuance, redemption, and fund transfers. Each platform exhibited distinct strengths.

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Visa Finalises Featurespace Acquisition to Bolster AI Fraud Detection

Fintech News

Visa has finalised its acquisition of Featurespace, a company specialising in real-time artificial intelligence technology for payment protection. By combining expertise and tools, Visa aims to expand its fraud prevention use cases and strengthen the security of global payment systems.

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Going on a Joint Venture: SCBHK, Animoca Brands and HKT Go on a Stablecoin Journey in Hong Kong

The Fintech Times

The process won’t be as simple as just launching a stablecoin though. “By leveraging the banks and our partners core strengths, we aim to launch a stablecoin that can be used securely by institutions and individuals across a wide number of use cases.