Search Results for: biometric security

Artificial Intelligence Banking Blockchain Cryptocurrency Digital Payments Featured Finance Fintech

Exploring The Rise of Embedded Payments and The Future of Frictionless Transactions

Prajakta Ayade
Cash, once the king of commerce, is steadily losing ground to digital alternatives. Contactless payments, mobile wallets, and now, embedded payments, are ushering in an era of frictionless transactions, where the act of paying becomes seamless and invisible. This shift is driven by multiple factors: the rise of the digital......
Visa Reinvents the Card, Unveils New Products for Digital Age
Artificial Intelligence Finance Fintech News

Visa Reinvents the Card, Unveils New Products for Digital Age

Business Wire
Visa invites industry leaders to its annual Payments Forum to set agenda for the future of commerce Digital Identity and Generative AI (Gen AI) take center stage at San Francisco’s Moscone Center New innovations close the gap between in-person and digital commerce experiences The way people pay and get paid......
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......
Artificial Intelligence Banking Blockchain Digital Payments Featured Fintech Technology

Fintech and the Future of Digital Payments

Prajakta Ayade
In an era marked by technological advancements and digital integration, the financial transaction landscape is profoundly evolving. Digital payments, once a convenience, are now a necessity of modern commerce, revolutionizing how individuals and businesses exchange value globally. As we peek into the future, it becomes increasingly apparent that the trajectory......
Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation
Fintech News

Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation

PR Newswire
Permira Growth Opportunities Transaction builds on initial minority investment made in early 2023 to acquire a majority position and support BioCatch’s accelerated growth within online fraud detection and financial crime prevention BioCatch (the “Company”), the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence,......
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......
Regula Pinpoints Top Three Business Challenges with Verification of International Customers
News Security

Regula Pinpoints Top Three Business Challenges with Verification of International Customers

Business Wire
In addition to the clear risks, such as an increase in fraud, attracting new foreign customers presents less apparent challenges, including the absence of standardized documentation and language barriers. These are the results of a global survey conducted by Regula, a global developer of forensic devices and identity verification solutions.......
Veriff Identity Fraud Index: Company's Fraud Record Impacts Consumers' Purchase Decisions
News Security

Veriff Identity Fraud Index: Company’s Fraud Record Impacts Consumers’ Purchase Decisions

PR Newswire
The Veriff Identity Fraud Index found that more than 75% of our consumers consider a company’s record on fraud prevention before signing up for a service. Veriff, a global identity verification (IDV) provider, announced the release of the 2024 Veriff Identity Fraud Index. The report examines consumer preferences in using digital security......
BioCatch Releases 2024 Digital Banking Fraud Trends in EMEA
Banking News

BioCatch Releases 2024 Digital Banking Fraud Trends in EMEA

Fintech News Desk
Study reveals rise in social engineering scams and theft of devices as scammers adapt and innovate tactics – incorporating AI to target individuals. In a report released by BioCatch – the global platform in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence – published findings showing......
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