Search Results for: identity stolen
2023 Crypto Wallet Report: Top 3 Trends To Look Out For
Asia’s biggest crypto wallet, imToken, publishes an outlook of technological developments of crypto wallets in 2023. The three main areas of interest identified are self-custody versus custodial solutions. Smart wallets, specifically wallets using Account Abstraction (AA), and wallets based on Multi-party computation (MPC). The report finds that users feel the pain of self-custodial solutions persists.......
New FICO Survey: Americans Value Financial Fraud Prevention More Than Banking Customer Experience
A new report from FICO focusing on consumer perception of how financial organizations manage fraud and identity verification found that fraud protection is top of mind for American consumers Global analytics software platform provider, FICO, released findings of a survey exploring the shift in consumer expectations on how financial institutions......
Idex Biometrics And Reltime To Launch Next-generation Web3 Biometric Card
World’s first biometric card of its kind supporting digital assets and identification, and EMV payments IDEX Biometrics ASA and Reltime AS are pleased to announce a strategic partnership to jointly develop and market the world’s first next-generation, Web3 biometric payment card including cold storage and digital asset wallets, combined with......
In Honor of Military Consumer Month Attorney General Bonta Warns Against Scams Targeting Military and Veteran Communities
In honor of Military Consumer Month, California Attorney General Rob Bonta issued a consumer alert warning military service members, veterans, and their families to be aware of targeted scams and fraud. According to a recent report on consumer complaints received by the Federal Trade Commission, in 2021, military consumers lost......
New Research Uncovers Digital Security Opportunity for Banks and Credit Unions
Uncertain About What to Do if Identity is Stolen, Americans Expect Financial Institutions to Help A new report for the financial services industry from intelligent identity security firm Sontiq, a TransUnion company, highlights how the increasing sophistication of cybercrime and the public’s concern is driving consumer expectations of their financial institutions — creating......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Reducing Your Risk When All Your Information Is Out There
A report by Clario entitled the Big Brother Brands report noted that brands can collect data Anyone who uses banking and financial services, social media, mobile apps or has retail accounts has shared their personal information far and wide across digital systems. Preventing identity theft and protecting yourself against scams......
Experian Finds Mobile Wallets Rival Traditional Payment Methods
Consumers Continue to Embrace Online Shopping The new Experian Global Insights Report concludes that digital online spending will continue to gain strength even as consumers emerge from lockdown and return to in-person transactions. Consumers are also engaging with digital payments as much as they engage with email. The growth curve of online......
LexisNexis Risk Solutions Study Finds Larger Banks and Fintechs Hit Hardest by Small and Midsize Business Lending Fraud Losses
Small to Mid-Sized Business Lending Fraud Increased 6.9% Since 2020, with More Than One-Third of Growth Attributed to the Pandemic LexisNexis Risk Solutions released its latest Small and Midsize Business (SMB) Lending Fraud Study. The survey of risk and fraud executives at financial institutions reveals that SMB lending fraud in......