NFC World

News from the NFC World journal

Deepfake fears undermine consumer trust in digital commerce

A new report from Checkout.com, in collaboration with YouGov, paints a complex picture of public attitudes towards AI in e-commerce. Deepfake fears undermine consumer trust While AI promises to enhance convenience and product discovery, mounting consumer anxiety over deepfakes and synthetic fraud risks may threaten trust in the digital economy. According to the Trust in […]

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Argentine banks unite with real-time fraud intelligence network

In a landmark development for financial security in Latin America, three of Argentina’s leading financial institutions – Banco Galicia, Naranja X, and Santander — have joined forces to launch BioCatch Trust Argentina, the region’s first real-time, behavioural fraud intelligence-sharing network. Argentine real-time fraud intelligence network The initiative, powered by biometric and behavioural data specialist BioCatch,

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Agentic AI in banking: A glimpse into the future?

Agentic AI is fast emerging as a transformative force within financial services, bringing the promise of automated decision-making, hyper-personalisation and operational efficiency. Agentic AI in banking But as UK bank Griffin’s pioneering Model Context Protocol (MCP) shows, the path to full-scale deployment will require a reimagining of the financial system itself. Agentic AI At its

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Open Banking struggles to gain ground as card payments

Despite years of regulatory support, industry optimism, and substantial investment, Open Banking in the UK has yet to fulfil its original promise of transforming the payments landscape. Open Banking struggles to gain ground New data reveals just how far the initiative remains from mass adoption, especially when compared to traditional card payments. Open Banking Transactions

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Revolutionising online slot transactions with innovative payment solutions

The online gambling industry is undergoing a transformation, driven by the adoption of modern payment methods. Revolutionising online slot transactions E-wallets and digital currencies are simplifying transactions, enhancing the user experience for slot players worldwide. As these technologies become more prevalent, they are expected to redefine how players interact with virtual slot platforms. In recent

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Fraud in the UK: A £1 billion threat that demands action

Despite remarkable advances in banking security, payment fraud remains a significant and systemic threat to the UK’s financial infrastructure. New figures released by UK Finance reveal that criminals stole £1.17 billion in 2024 through both unauthorised and authorised push payment (APP) fraud – highlighting the enduring scale of this criminal enterprise. Behind the headline numbers

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Stablecoins and the Euro: Europe’s strategic crossroads in digital currency

In the unfolding contest over the future of money, Europe faces a critical inflection point. Stablecoins: Europe’s strategic crossroads While stablecoins are becoming more prominent as retail payment tools, their proliferation also raises significant questions about the architecture of modern financial systems, particularly in relation to monetary sovereignty. As the US accelerates efforts to mainstream

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Worldpay taps stablecoins for cross-border payouts via BVNK

Worldpay has announced a strategic collaboration with digital payments infrastructure provider BVNK to launch near-instant stablecoin payouts for businesses in the US and Europe. Worldpay taps stablecoins The move marks a significant step towards integrating digital assets into mainstream financial services, allowing Worldpay clients to send global payouts in stablecoins without the need to directly

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