MasterCard Harnesses AI for the 1st Time to Reduce False Declines

Mastercard unveiled Decision Intelligence solution utilizing artificial intelligence technology to help financial institutions increase the accuracy of real-time approvals of genuine transactions and reduce false declines.  This is the first use of AI being implemented on a global scale directly on the Mastercard network. Current decision-scoring products are focused primarily on risk assessment, working within…

Concur & China Datacom Target Travel Expense Management Market

SAP’s Concur inked a strategic partnership with China DataCom (CDC), a joint venture between SAP and China Communications Services. Concur is the world’s leading provider of integrated travel and expense management solutions, is the only travel and expense provider in China capable of supporting multinational companies. This supports Concur’s ongoing China Expansion Plan which places…

Smart Cities Hackathon Drives Innovation for MasterCard in AU

MasterCard partnered with AngelHack to hold a hackathon tied to the 23rd Intelligent Transportation Systems World Congress in Melbourne. Australia’s most talented developers and entrepreneurs were invited to join the ITS 2016 Mastercard Smart Cities Hackathon for two days to consider one question – how can we use data and technology to deliver smarter city…

FotoNation Biometrics Takes Face & Iris Recognition to New Level

FotoNation Biometrics Takes Face & Iris Recognition to New Level

San Jose-based Tessera Technologies’ FotoNation has unveiled a new high-performance suite of face and iris recognition biometric security and authentication solutions for mobile platforms. Based on FotoNation’s unique deep learning neural network, and industry proven MIRLIN Iris recognition technologies, these new solutions deliver authentication in the most challenging outdoor light and shade conditions, including liveliness…

New eHopper POS software an All-In-One POS & Management System

New eHopper POS software an All-In-One POS & Management System

eHopper POS now offers support for customers worldwide. eHopper is now far more accessible than ever, allowing merchants to set the software to support local language, currency and payment processing. Not only does this feature make the software much more accessible, it also increases eHoppers’ client base exponentially by opening the company to assist small…

Aeromexico Now Offers an Advanced Digital Ecosystem

Aeromexico Now Offers an Advanced Digital Ecosystem

Aeromexico has unveiled its new digital ecosystem that consists of a revamped website, mobile app, and updated airport kiosks. The system also offers advanced payment features. Aeromexico’s new website, mobile app, and automated airport kiosks are part of this new multi-platform vision. The airline aims to develop a personalized and connected end-to-end passenger experience at…

Bank Audi and Verifone Team for Cashless Payment Solutions

Bank Audi and Verifone Team for Cashless Payment Solutions

Bank Audi, Lebanon’s largest bank, has teamed with Verifone to provide thousands of merchants with point-of-sale (POS) devices designed to bring new payment and commerce capabilities to the country’s expanding retail market. The deal is part of the country’s retail infrastructure upgrade. Supporting Bank Audi’s merchant services in both countertop and mobile retail sales environments,…

TAP Portal Certified Newest Epson Printer

TAP Portal Certified Newest Epson Printer

Value-added Point of Sale (POS) solutions specialist Epson America announced that TAP Portal, provider of payment business applications, has certified the Epson TM-m10 receipt printer for integration with its processor-agnostic payments app, and joined the Epson EnvisionSM mSelect Partner Program. The joint solution is available from TAP Portal today. As a member of the Envision…

Nets On-Boarding OpenWay WAY4 for Nordic Card Issuers

Nets On-Boarding OpenWay WAY4 for Nordic Card Issuers

Scandinavia’s Nets is on-boarding Nordic issuer portfolio’s in credit cards and sales finance onto WAY4, the e-payment processing framework developed by OpenWay. Card portfolios of five banks in Finland, Norway and Denmark are already being processed on WAY4 and soon also the migration in Sweden will be completed. For now the payment transactions of more…