Search Results for: remote transactions
Global Fintech Providers Enabling Better Financial Inclusion for the Underbanked
The underbanked refers to individuals who do not have access to mainstream financial services. These individuals highly rely on other services like payday loans, money orders, etc for their finance management. These services are preferred by these individuals over loans from banks and credits cards. But the high interest rates......
WISeCoin, the Innovative Tokenized Service of WISeKey, Authenticates People, Products and Machines Using Blockchain and AI
WISeCoin, the Innovative Tokenized Service of WISeKey, Authenticates People, Products and Machines Using Blockchain and AI WISeKey allows Connected Electric Cars to Pay with WISeCoin Cryptocurrencies at Autonomous Electric Charging Stations WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leading cybersecurity IoT company, today announced that its WISeCoin IoT......
2021 – The Year that Financial Institutions Conquer 2020’s Trial by Fire
A lot has changed since the onset of the COVID-19 pandemic. Financial institutions were forced to address digital transformation, if they hadn’t already, adjust traditional workplaces and adopt new technologies to operate within the new normal. As priorities and goals changed, banks and credit unions adapted their operations to champion......
Global Fintech Interview with John Dangoia, VP and Head of Product Management at Infosys Finacle
There’s more to B2B and Tech Marketing and Sales than meets the eye in 2021 and Beyond! Catch more here where leaders from Ness Digital, TeamViewer, JotForm, Xactly and others weigh in!...
SnapAP Secures New Equity Investment Financing, Led By Israel-Based Angel Group
With international distribution and key technology partnerships already in place, additional capital will support the company’s efforts to aggressively accelerate go-to-market and execution of product roadmap initiatives for its cloud-based Procurement, Supplier Payables & Transactions Processing platform. Snap Accounts Payable Corporation, developers of the SnapAP solution that streamlines entire Procurement......
Global New Account Fraud Decreased 23% in 2020, According to Jumio’s Holiday Fraud Report
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification declined 23.2% worldwide YOY in 2020, compared to 2019 results. At the same time, selfie-based fraud rates were five times higher than ID-based fraud. This illustrates the......
While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YOY for 2020, while the global average fell 23% compared to 2019 levels. At the same time, selfie-based fraud rates were nearly......
MetaBank Study Reveals Opportunity to Reimagine ATMs
Nearly three-fourths (72%) of Americans plan to continue using cash in the COVID-19 era and beyond; two in five (43%) would prefer to perform banking activities at an ATM For today’s consumer, ATM use largely focuses on accessing cash, and that access is still important in the COVID-19 era, according......
CIBC Launches AI-powered Virtual Assistant to Help Clients Bank Digitally
Powered by IBM Watson, clients can use it to complete banking transactions and get answers to questions with ease With Canadians using digital banking now more than ever, CIBC is introducing a conversational AI-based Virtual Assistant powered by IBM Watson, that can perform banking transactions and answer questions about everyday......