Microsoft is working on technology that would eliminate cashiers and checkout lines from stores. The company is developing systems that track what shoppers add to their carts and has held talks with Walmart concerning a potential collaboration, according to Reuters...
Headlines this week in Cards and Payments Facebook has announced the roll out of a new feature on its Messenger app which uses artificial intelligence to make recommendations RiskIQ survey has revealed that mobile app users in the UK may be putting their identities...
What’s happened in Banking last week Lloyds Banking Group has announced plans to reduce the size of hundreds of its branches. The new ‘micro branches’ will be staffed by two people, who will help customers to use machines, including pay-in devices. Some...
What you need to know TransferWise has created a virtual assistant on Facebook to send money to people in different countries. TransferWise’s new Facebook service is currently available to Messenger users in the U.K., U.S., Canada, Australia and Europe. However,...
What you need to know: Paypal is the biggest online payments provider. It has a market capitalisation of $41 billion, more than eBay, the company that is was spun off from. TIO Networks processed about $7 billion in bill payments last year for its 14 million...
