NFC World

News from the NFC World journal

MAS puts AI at the centre of scam prevention

Singapore’s financial regulator is moving from theory to practice in the use of artificial intelligence against financial crime. MAS puts AI at the centre of scam prevention The Monetary Authority of Singapore (MAS) is working with the Government Technology Agency of Singapore, the Singapore Police Force and five major banks on a proof-of-value project designed to […]

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U.S. Bank turns to AWS for cloud-led modernisation

U.S. Bank is deepening its relationship with Amazon Web Services in a multi-year technology programme designed to move hundreds of mission-critical banking applications into the cloud and accelerate the use of artificial intelligence across the organisation. U.S. Bank turns to AWS The initiative ranks among the more ambitious cloud transformation projects in US financial services.

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E-commerce payments enter the age of managed complexity

The global e-commerce payments market is no longer simply a story of digital adoption. It is becoming a test of operational control.  2026 Global e-commerce Payments Market The 2026 Global e-commerce Payments & Fraud Report, produced by the Merchant Risk Council (MRC), Visa Acceptance Solutions and Verifi, with research fielded by B2B International, captures a

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Anthropic launches 10 new Claude agents

Anthropic is sharpening its pitch to financial institutions with the launch of ten ready-to-use Claude agent templates designed to automate some of the most labour-intensive work across banking, asset management, insurance and finance operations. Anthropic Deepens Its Push Into Financial Services With New Claude Agents The move underlines a wider shift in artificial intelligence adoption:

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Fiserv faces a difficult reset amid revenue declines

Fiserv has entered 2026 under clear pressure, with its latest quarterly results underlining the scale of the challenge facing one of the payments industry’s largest incumbents. Fiserv’s Banking Client Losses Weigh on Revenue The group reported adjusted revenue of $4.68 billion for the first quarter, down 2.4% year on year and below market expectations. Organic

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FCA probes Paypal, Mastercard and Visa competition

The UK’s Financial Conduct Authority has opened a competition investigation into PayPal, Mastercard and Visa, examining whether commercial arrangements linked to PayPal’s digital wallet may have restricted competition in the payments market. FCA probes Paypal, Mastercard and Visa competition The inquiry is being conducted under the Competition Act 1998. PayPal, Mastercard and Visa are being

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RBC and BMO weigh sale of Moneris as banks retreat from merchant acquiring

Royal Bank of Canada and Bank of Montreal are reportedly in talks to sell Moneris, their jointly owned payments processing business, to Francisco Partners, in a transaction that could value the company at more than $2bn. RBC and BMO in talks to sell Moneris According to the Financial Times, the private equity firm, which owns

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FIS and Anthropic take aim at banks’ AML burden

FIS has joined forces with Anthropic to develop a Financial Crimes AI Agent, in a move that highlights how quickly agentic artificial intelligence is moving from experimental technology into the operational core of banking. The product will combine Anthropic’s Claude models with FIS’s banking infrastructure, data environment and regulatory controls. Its first use case is

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EPI confronts the cloud dilemma for Payments sovereignty

The European Payments Initiative is facing an uncomfortable test of its own strategic logic. Created to build a pan-European payments alternative to the dominant US card networks, the bank-backed consortium is now seeking to reduce its reliance on the very US technology infrastructure that underpins parts of its service. EPI confronts dilemma for Payments sovereignty

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