Search Results for: biometric security

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......
Trust Stamp integrates its AI-powered software with Mastercard’s Sandbox as a Service
Artificial Intelligence Finance Fintech News

Trust Stamp integrates its AI-powered software with Mastercard’s Sandbox as a Service

GlobeNewswire
by GlobeNewswire0
Trust Stamp has integrated its AI-powered products with Mastercard’s Sandbox as a Service which allows Mastercard member banks and financial institutions to browse, test and experience trusted and verified solutions and customer journeys within a core banking environment Trust Stamp announced that it has integrated its AI-powered software solutions with......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech

Leading Banks That Sport the Best Digital Banking Apps

Prajakta Ayade
by Prajakta Ayade0
Digital banking has undergone a dramatic transformation in recent years. Gone are the days of long queues and limited branch hours. The rise of digital banking apps has ushered in a new era of convenience, accessibility, and control for account holders. These sophisticated mobile applications empower users to manage their......
Banking Blockchain Digital Payments Digital Wallet Featured Finance Fintech Mobile Banking

Mobile Banking Trends That Are Redefining Digital Payments

Prajakta Ayade
by Prajakta Ayade0
In the fast-paced world of finance and mobile banking, where convenience and accessibility are paramount, mobile banking has emerged as a cornerstone of modern banking services. With the widespread adoption of smartphones and the increasing digitization of financial transactions, mobile banking has transformed the way people manage their finances. Gone......
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
by PR Newswire0
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
by Business Wire0
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......
8 out of 10 Consumers Prefer Full Digital Banking Experience, yet Some Are Left Short-Changed
Banking Finance Fintech News

8 out of 10 Consumers Prefer Full Digital Banking Experience, yet Some Are Left Short-Changed

Business Wire
by Business Wire0
Banks continue to see strong levels of customer acquisition via digital channels; 42% registered for an account via an app, 35% via website, Onfido survey shows. Users find digital identity verification both secure (81%) and convenient (88%), highlighting that security and convenience can and should go hand in hand. Integrating......
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