Search Results for: Facial recognition technology

Polaris Bank Nigeria launches VULTe; a new Digital Bank
Banking Digital Mobile Banking News

Polaris Bank Nigeria launches VULTe; a new Digital Bank

Fintech News Desk
by Fintech News Desk0
Non Customers to Use Platform Offers free giveaways on transfers Nigeria’s leading retail Bank Polaris has launched a digital bank called VULTe. Polaris Bank Nigeria launches VULTe; a new Digital Bank In his welcome address at the well-attended unveiling ceremony which held in Eko Hotel, Lagos the Chairman of the Bank, M.K Ahmad......
Experian’s Future of Fraud Forecast Reveals Threats Facing Businesses in 2021 and Beyond
Business News Risk Management

Experian’s Future of Fraud Forecast Reveals Threats Facing Businesses in 2021 and Beyond

Fintech News Desk
by Fintech News Desk0
The five fraud predictions include emerging digital dangers and automated attacks expected in the new year With the growing threat of fraud fueled by the digital acceleration that took place in 2020, Experian today released its 2021 Future of Fraud Forecast that reveals five emerging fraud threats facing businesses. Read......
More Regulations on the Horizon for Banks as Pandemic Exposes Security and Identity Verification Deficiencies
Artificial Intelligence Banking Fintech News Risk Management

More Regulations on the Horizon for Banks as Pandemic Exposes Security and Identity Verification Deficiencies

Fintech News Desk
by Fintech News Desk0
OneSpan Global Financial Regulations Report reveals coming regulations on identity verification, Open Banking, AI, cryptocurrencies and biometric authentication aimed at enabling secure, digital economies OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today released the inaugural OneSpan Global Financial Regulations Report. The report examines regulatory and legislative initiatives......
Singapore's Volopay raises $2.1m
B2C Fintech News

Restaurants & Retailers in Pasadena Establish Nation’s First Pay-by-Face Network

Fintech News Desk
by Fintech News Desk0
Debut of Hands-Free, Facial Recognition Payment System, from PopID, Follows Rollout of Company’s Entry Devices at Workplaces and Colleges With California imposing strict restrictions to stem the spread of COVID-19, a number of restaurant and retail store owners in the city of Pasadena have quietly established the nation’s first dense “face-pay” network.......
Banking Featured Fintech

Tools such as these are Enabling Better Identity Verification for Financial institutions

Fintech News Desk
by Fintech News Desk0
Fintech companies have brought much-needed technological advancements into the global business scenario and have caused a paradigm shift from traditional financial practices. More and more people are adopting complete-digital methodologies to carry out their financial procedures. More than 58% of the world’s population has access to the internet today.  The......
Banking Fintech Fintech Startups Interviews

Global Fintech Interview with Keren Moynihan, CEO at Boss Insights

Paroma Sen
by Paroma Sen0
Innovations when it comes to lending technology have been evolving at a rapid pace and the ongoing Covid-19 pandemic has fast tracked new developments in this segment. In this interview, Keren Moynihan, CEO at Boss Insights talks about the future of lending tech and finance tech while sharing a little......
Artificial Intelligence Featured Finance Fintech Lending Machine Learning Risk Management Security

How Are FinTech Solutions Revolutionizing Loan Approvals with Advanced Security Measures?

Prajakta Ayade
by Prajakta Ayade0
One of the most notable areas of innovation in fintech is in loan approvals, where advanced FinTech solutions are revolutionizing the process by incorporating cutting-edge security measures. This evolution not only accelerates loan approvals but also enhances the security of transactions, providing a seamless and secure experience for both, lenders......
Checkout.com First PSP to Launch Secure Payment Authentication Service From Google Pay, Speeding up Checkout Process by 30%
Digital Payments News

Checkout.com First PSP to Launch Secure Payment Authentication Service From Google Pay, Speeding up Checkout Process by 30%

PR Newswire
by PR Newswire0
Checkout.com is the first payment provider to integrate Google Pay’s secure payment authentication service into its payment processing service for merchants This new service streamlines the online checkout process by incorporating biometric checks, reducing the number of steps required, and boosting conversion rates In an initial roll-out, the technology has already......
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......
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......
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