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AI's moving faster than attempts to regulate it. Here's how firms are coping.

Companies aren’t waiting to see what regulation looks like before jumping in with AI

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Mastercard to use NEC ID verification in biometric payment system

Mastercard and NEC Corporation announced it will implement NEC face biometrics and liveness detection into Mastercard's payment system.

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Airtel Payments Bank, Frontier Markets, Mastercard partner to support women-owned small businesses, ET Telecom

Airtel Payments Bank CEO Anubrata Biswas said, "Taking our commitment forward to empower women in rural India to embark on their entrepreneurial endeavours, we are collaborating with Frontier Markets and Mastercard on She Leads Bharat:Udyam".

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Airtel Payments Bank, Frontier Markets, Mastercard partner to support women-owned small businesses

The 'She Leads Bharat:Udyam' initiative will enable these businesses based in Rajasthan and Uttar Pradesh to upskill and earn via Frontier Markets' Meri-Saheli platform.

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Indian-origin Ajay Banga becomes World Bank's 14th President

Among other awards, Banga had also been honoured with a Padma Shri by the Indian President in 2016.

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Binance And MasterCard Launch Crypto Prepaid Card In Brazil

Binance And MasterCard Launch Crypto Prepaid Card In Brazil
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Mastercard cardholders can now send and receive money using WhatsApp in Brazil

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Mastercard cardholders can now send and receive money using WhatsApp in Brazil
05 May 2021
Source: Mastercard
Starting today, Mastercard cardholders in Brazil can send and receive money to and from friends and family through WhatsApp.
Mastercard debit cardholders with cards issued by Banco Inter, Itaú, Nubank and Sicredi will be able to use the innovative P2P WhatsApp service. The payments service on WhatsApp is enabled by Facebook Pay and processed by Facebook Pagamentos and Cielo.

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Banking Solution from Subaio Outshines Competition and Wins €4M from Global PayTech Ventures

Banking Solution from Subaio Outshines Competition and Wins €4M from Global PayTech Ventures
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MIAMI, March 4, 2021 /PRNewswire/ -- Born out of a Danish 'hackathon' in 2016,
Subaio offers banks a superior subscription management technology that solves two massive problems at once — the service provides banking customers the ability to cancel unwanted subscriptions, and it does so without taking bank customers away from the bank's user interface.
"We are very excited to offer banks
(PRNewsfoto/Global PayTech Ventures)
Banks may risk data breaches and losing customers via third party vendors. "When a technology provider takes a bank customer out of the banking app to perform a service, this is not an optimal or 'user-friendly' experience," Laursen added. "We carefully created the best subscription management solution for banks and their customers. Subaio's technology is so robust that we've identified use cases beyond the financial sector."

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Banking Solution from Subaio Outshines Competition and Wins €4M from Global PayTech Ventures

Banking Solution from Subaio Outshines Competition and Wins €4M from Global PayTech Ventures
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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