Search Results for: identity verification

StandardC Unveils "Task Manager" Module for Banking and Financial Services
Banking Finance News

StandardC Unveils “Task Manager” Module for Banking and Financial Services

PR Newswire
by PR Newswire0
StandardC, a leader in modular, pay-per-use due diligence, onboarding, underwriting, and monitoring software solutions, today announced the launch of “Task Manager,” a revolutionary tool designed to help banking and financial services manage one-time and recurring internal tasks and external requests. “In today’s demanding digital landscape, bankers require a comprehensive and......
Regula Study Unveils Regional Expectations for Digital ID Fraud Reduction
Fintech News Security

Regula Study Unveils Regional Expectations for Digital ID Fraud Reduction

Business Wire
by Business Wire0
In its study “The New Imperative: Digital IDs,” Regula, a global developer of forensic devices and identity verification solutions, reveals that most organizations globally anticipate a notable reduction in identity fraud after implementing digital IDs. However, the study also highlights varying expectations across different regions regarding the extent of this......
Artificial Intelligence Banking Blockchain Featured Finance Fintech Robotic Process Automation Security

Top Financial Technologies That Are Driving Easy Deposit Switching

Prajakta Ayade
by Prajakta Ayade0
New age financial technologies are revolutionizing the global banking industry, offering consumers unprecedented convenience and flexibility. One area where this transformation is particularly evident is in deposit switching—the process of transferring direct deposits and automatic payments from one bank account to another. Traditionally a time-consuming task, deposit switching is becoming......
BitMart Enhances P2P Marketplace with Instant Messaging Feature
News Trading

BitMart Enhances P2P Marketplace with Instant Messaging Feature

GlobeNewswire
by GlobeNewswire0
BitMart, a global digital asset trading platform, is excited to announce the integration of instant messaging (IM) functionality into its peer-to-peer (P2P) marketplace, enhancing user communication and transaction efficiency. The new IM feature allows BitMart users engaging in P2P trading to communicate seamlessly with their counterparties directly within the platform. This addition......
Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes
Artificial Intelligence News

Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes

PR Newswire
by PR Newswire0
Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with......
Fintech Guest Posts Security

Strengthening the Financial Sector Through Authentication and Regulation

Frederik Mennes
by Frederik Mennes0
At the beginning of 2024, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) published a report quantifying the impact of weak identity solutions on our financial system. This is the first time a federal agency has made an effort to quantify the impact of compromised credentials on the US......
Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection
Artificial Intelligence Banking Finance Fintech News Security

Global Survey Finds 75% of Consumers Ready to Switch Banks Over Inadequate Fraud Protection

Business Wire
by Business Wire0
New research from Jumio reveals 69% of customers demand stronger cybersecurity measures as confidence in bank protections wanes Jumio, the leading provider of automated, AI-driven identity verification, risk signals and compliance solutions, today released new findings from its Jumio 2024 Online Identity Study. This year’s results highlight growing anxiety among......
Artificial Intelligence Compliance management Digital Wallet Economy Featured Fintech Payment gateways Technology

RegTech for a Globalized World: How RegTech Helps With Cross-Border Regulatory Challenges

Fintech Staff Writer
by Fintech Staff Writer0
Understanding RegTech RegTech, short for Regulatory Technology, refers to the application of innovative technology to improve the efficiency and effectiveness of regulatory compliance. It encompasses a wide range of technologies including artificial intelligence (AI), blockchain, big data analytics, and machine learning. These technologies help organizations manage regulatory requirements, streamline compliance......
ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market
Finance Fintech News

ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market

PR Newswire
by PR Newswire0
ComplyCube, a RegTech100 global leader in identity verification and compliance solutions, proudly announces the launch of its comprehensive Trust Center. This new initiative emphasizes ComplyCube’s unrivaled compliance posture, redefining security and privacy for IDV, KYC, and AML platforms. With over fifty continuously monitored controls, the AI-powered SaaS leads the way......
Banking Blockchain Digital Payments Featured Finance Fintech Investments Security Technology

The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
by Prajakta Ayade0
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
1