IoT in Banking & Payments

IoT in Banking & Payments

Visa study: US consumers ready to pay with connected devices

Two-thirds of US consumers are happy to use a connected device to make a payment when shopping and more than three out of four...

Mastercard: “Every connected device will be a commerce device.”

Internet of Business speaks to Christophe Zehnacker, head of strategic digital partnerships at global payments company Mastercard, about the coming ‘Internet of Payment Things’....

Most IoT hacks originate in Asia, honeypot data reveals

Most IoT attacks originate in Asia and seek to compromise specific types of unsecured IoT devices, such as video cameras, according to data collected...

RBS rolls out hybrid bot service to assist customers

New York-based LivePerson, a provider of bot platforms for brands, claims to have rolled out "the first financial industry hybrid bots in the world",...

Nuance aims to tackle consumer chatbot concerns

Just one in three consumers feel comfortable using artificially intelligent chatbots, according to a survey from research company Ask Your Target Market. Chatbots are computer...

Mirai malware repurposed to mine Bitcoins using slave IoT devices

Criminals have added code to the Mirai malware that targets IoT devices to mine Bitcoins. IT security researchers have discovered a module added to the...

Mastercard signs up five new fintech start-ups

Global payments company Mastercard has invested in five new fintech start-ups specializing in the future of commerce. Three of the start-ups selected are focused on...

Mastercard aims to boost IoT security with NuData acquisition

Mastercard, the financial services company, has entered into an agreement to acquire NuData Security, a global technology provider that aims to help enterprises prevent...

IoT will revolutionise customer experience, says report

Customer experience solutions specialist Genesys has released a report exploring the role connected technology plays in businesses throughout the Asia-Pacific region. The 2016 IoT-Enabled Customer Experience...

IBM and Visa team up for IoT-enabled payments

Technology company IBM is teaming up with financial services corporation Visa to enable consumers to make payments goods or services using IoT-enabled devices. IBM’s Watson IoT...

Japanese bank Mizuho begins development of IoT payments platform

The Mizuho Financial Group, Japan, has begun research and development work on the creation of a payments platform for IoT devices. In a statement, the bank...

VIDEO: How will technology transform the future of banking?

At our recent Internet of Banking conference in London, IoB caught up with major players in the banking world to discuss how technology is...