Search Results for: biometric authentication

Artificial Intelligence Finance Fintech Guest Posts Machine Learning Security

Navigating the Future: Key IT Trends in Financial Services

John Astorino
By John Astorino, COO, Auvik Financial institutions are increasingly leveraging advanced IT solutions to enhance their operations, improve customer experiences, and stay competitive. IT teams in financial services face a unique and significant responsibility to protect their clients’ money and investments. Recent research has uncovered a number of trends that......
Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa
Banking Digital Payments Fintech News

Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa

Business Wire
The payment service provider will adopt the Mastercard Gateway to support fast, seamless, and secure transactions across the region Partnership covers key countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE The two partners will also co-create innovative multi-rail payment solutions for customers Mastercard and Amazon......
Banking Digital Payments Featured Finance Fintech Security

Cybersecurity in FinTech: Protecting The Future of Digital Financial Services

Prajakta Ayade
Cybersecurity has emerged as a critical concern today. Ensuring the security of digital financial services is paramount to maintaining customer trust and safeguarding sensitive data. Recently authID and FinClusive joined forces to integrate next-gen biometric and financial crimes compliance solutions, significantly boosting identity management’s security. This partnership enhances identity verification,......
Trust Stamp Discusses Its Evolution to Serving Diverse Global Markets as a SAAS Provider of Artificial Intelligence Powered Technologies and the Application for Its 37th Patent
Artificial Intelligence News

Trust Stamp Discusses Its Evolution to Serving Diverse Global Markets as a SAAS Provider of Artificial Intelligence Powered Technologies and the Application for Its 37th Patent

GlobeNewswire
Trust Stamp’s Chief Technology Officer and Chief Science Officer provide an overview of the Company’s patent portfolio, some of its innovations in the use of AI, and its evolution to serving a broad range of global customers in addition to its core financial service customers Trust Stamp. On the occasion......
Escala 24x7 and DANAconnect Join Forces to Accelerate the Adoption of GenAI on AWS in the Financial Services Industry
Fintech News

Escala 24×7 and DANAconnect Join Forces to Accelerate the Adoption of GenAI on AWS in the Financial Services Industry

Cision PRWeb
Escala 24×7 has made a significant investment in DANAconnect. Together, they unite forces to drive GenAI adoption on AWS, revolutionizing the financial services industry with AI-powered solutions that enhance efficiency and customer experience. One of the greatest challenges for financial institutions and insurers is adopting Artificial Intelligence (AI) and intelligent......
Veratad Partners with OneID® to Offer Document-Free Identity Verification for UK Citizens
Compliance management News Security

Veratad Partners with OneID to Offer Document-Free Identity Verification for UK Citizens

PR Newswire
Veratad Technologies, a leader in global age and identity verification solutions, announced a strategic partnership with OneID®, innovators in document-free digital identity verification. This collaboration will enhance Veratad’s IDMax reusable digital credential ecosystem by integrating OneID®’s pioneering technology, which leverages bank-verified data to verify age and identity without presenting identity......
FIS Reimagines the Banking Experience for the Digital Age with New Mobile Banking Application
Banking Fintech News

FIS Reimagines the Banking Experience for the Digital Age with New Mobile Banking Application

Business Wire
FIS® Digital One™ Flex Mobile 6.0 is a new mobile banking application tailored for financial institutions. The solution enables banks to serve the evolving demands of customers as digital experiences change. New functionality includes enhanced user experience, security, and money movement capabilities Global financial technology leader FIS has launched an enhanced......
Banking Digital Payments Featured Fintech News Security

Security and Fraud Prevention in Digital Payments

Prajakta Ayade
In an era where digital transactions are an everyday aspect, ensuring security and fraud prevention in digital payments has become critical. With the convenience of online shopping, mobile banking, and contactless payments, consumers are increasingly embracing new age digital payment methods. Digital payments reign supreme, offering convenience, speed, and accessibility.......
Banking Digital Payments Featured Finance Fintech Investment Services

Financial Inclusion through Digital Payments

Prajakta Ayade
In today’s rapidly evolving global economy, access to financial services is more than just a convenience; it’s a necessity for individuals and communities to move forward, and thrive.  However, traditional banking services often fail to reach marginalized and underserved populations, leaving them excluded from the formal financial system. This lack......
Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study
Banking News

Every Rupee Lost to Fraud in India Costs Firms ₹4.00 According to LexisNexis True Cost of Fraud Study

PR Newswire
Fraud has increased for 54% of Indian organisations year-on-year. In APAC, digital channels account for more fraud losses than physical channels. Four in five Indian organisations say fraud is affecting their customer conversion rates. LexisNexis Risk Solutions has unveiled the findings of its 2023 LexisNexis True Cost of Fraud Study......
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