Breaking News
NatWest to launch biometric payments card pilot
As part of a national trial NatWest is piloting cutting edge, biometric fingerprint technology with 200 customers. The trial is due to begin in the coming weeks.
Customers will use their fingerprint to verify transactions over £30, increasing security and making it easier for customers when paying for goods or services at the tills as no PIN is required.
David Crawford, Head of Effortless Payments said: “We are using the very latest technology across our business to make banking easier for our customers and biometric fingerprint cards are one of the many technologies we are exploring further. This is the biggest development in card technology in recent years and we are excited to trial the service.”
NatWest is working closely with digital security company Gemalto along with Visa and Mastercard to bring the service to customers in the UK.
Howard Berg, UK MD of Gemalto said: “Using a fingerprint rather than a PIN code to authorise transactions has many advantages, primarily enhanced security and greater convenience. Cardholders can pay quickly and easily with just a simple touch, and they no longer need to worry about the limit on contactless payment transactions.
More details on the pilot are set to be released in the coming weeks.
- Tencent Cloud Powers iyzico’s European Expansion with Secure, Scalable Payment Infrastructure Read more
- GTT Integrates Insurants AI to Power Insurance Data Intelligence Across Regulated Markets Read more
- The Paytech Magazine Issue #18 Read more
- Napier AI Targets Critical Gaps in AML with Launch of Insights AI, Tested in FCA Supercharge Sandbox Read more
- Apex Group Unveils New Research on AI Adoption Across Private Credit Read more
Tencent Cloud Powers iyzico’s European Expansion with Secure, Scalable Payment Infrastructure
At Mobile World Congress (MWC) 2026, Tencent Cloud, the cloud business of global technology company Tencent, announced a collaboration with iyzico, a leading Turkish fintech company, to support iyzico’s European expansion and the launch of its first cloud-based production platform in the region. Built on Tencent Cloud’s IaaS infrastructure, the deployment reflects its growing role in supporting regulated financial institutions across Europe’s fintech ecosystem.
GTT Integrates Insurants AI to Power Insurance Data Intelligence Across Regulated Markets
With a vision to develop India-built data and AI platforms for global deployment, GTT Data Solutions Ltd (“GTT”), a BSE-listed global data engineering and AI platform company, has integrated Insurants AI Limited, a specialist in insurance data intelligence, analytics, and harmonisation that focuses on enabling intelligent data management, automation, and decision intelligence for enterprises across insurance, banking, and other highly regulated sectors. This move strengthens GTT’s insurance technology capabilities across the U.S., UK, Europe, India, and APAC, positioning the company as a provider of next-generation insurance data and intelligence solutions.
The Paytech Magazine Issue #18
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Napier AI Targets Critical Gaps in AML with Launch of Insights AI, Tested in FCA Supercharge Sandbox
Napier AI, a global leader in AI-powered financial crime compliance solutions, announces its latest AI innovations are available in product Insights AI, a new capability within their Transaction Monitoring solution designed to close critical gaps in anti-money laundering (AML) investigations. This follows extensive testing in the Financial Conduct Authority (FCA) Supercharged Sandbox.
Apex Group Unveils New Research on AI Adoption Across Private Credit
Apex Group Ltd. (“Apex Group”), a global financial services provider with over $3.5 trillion in assets serviced, has published AI-powered private credit, a new research report examining how artificial intelligence is being adopted across private credit operations globally, and where the industry’s most significant opportunities and challenges lie.
PayQuicker Launches 1099 Solution Powered by Avalara
PayQuicker, a global payouts and financial technology company, today announced the launch of its new 1099 tax reporting solution, powered by Avalara, the agentic tax and compliance leader. The new offering helps businesses simplify and automate 1099 reporting while reducing compliance risk and administrative burden.
Loan Servicing Enters the AI Agent Era as Chaseit.ai Scales Toward 30,000 Calls a Day
Loan servicing, long one of the most manual and operationally intensive areas of financial services, is beginning to shift as AI voice agents move from pilots into live production environments.
Tencent Cloud Powers iyzico’s European Expansion with Secure, Scalable Payment Infrastructure
At Mobile World Congress (MWC) 2026, Tencent Cloud, the cloud business of global technology company Tencent, announced a collaboration with iyzico, a leading Turkish fintech company, to support iyzico’s European expansion and the launch of its first cloud-based production platform in the region. Built on Tencent Cloud’s IaaS infrastructure, the deployment reflects its growing role in supporting regulated financial institutions across Europe’s fintech ecosystem.
GTT Integrates Insurants AI to Power Insurance Data Intelligence Across Regulated Markets
With a vision to develop India-built data and AI platforms for global deployment, GTT Data Solutions Ltd (“GTT”), a BSE-listed global data engineering and AI platform company, has integrated Insurants AI Limited, a specialist in insurance data intelligence, analytics, and harmonisation that focuses on enabling intelligent data management, automation, and decision intelligence for enterprises across insurance, banking, and other highly regulated sectors. This move strengthens GTT’s insurance technology capabilities across the U.S., UK, Europe, India, and APAC, positioning the company as a provider of next-generation insurance data and intelligence solutions.
The Paytech Magazine Issue #18
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Napier AI Targets Critical Gaps in AML with Launch of Insights AI, Tested in FCA Supercharge Sandbox
Napier AI, a global leader in AI-powered financial crime compliance solutions, announces its latest AI innovations are available in product Insights AI, a new capability within their Transaction Monitoring solution designed to close critical gaps in anti-money laundering (AML) investigations. This follows extensive testing in the Financial Conduct Authority (FCA) Supercharged Sandbox.
Apex Group Unveils New Research on AI Adoption Across Private Credit
Apex Group Ltd. (“Apex Group”), a global financial services provider with over $3.5 trillion in assets serviced, has published AI-powered private credit, a new research report examining how artificial intelligence is being adopted across private credit operations globally, and where the industry’s most significant opportunities and challenges lie.
PayQuicker Launches 1099 Solution Powered by Avalara
PayQuicker, a global payouts and financial technology company, today announced the launch of its new 1099 tax reporting solution, powered by Avalara, the agentic tax and compliance leader. The new offering helps businesses simplify and automate 1099 reporting while reducing compliance risk and administrative burden.
Loan Servicing Enters the AI Agent Era as Chaseit.ai Scales Toward 30,000 Calls a Day
Loan servicing, long one of the most manual and operationally intensive areas of financial services, is beginning to shift as AI voice agents move from pilots into live production environments.