Search Results for: mobile bank

Banking on Real-Time AI Florida Credit Union Sees 97% Reduction in Fraud
Banking News Security

Banking on Real-Time AI Florida Credit Union Sees 97% Reduction in Fraud

Fintech News Desk
by Fintech News Desk0
While many big banks are still struggling to advance from the experimentation phase to fully implementing Artificial Intelligence (AI) solutions, one Florida-based credit union has taken the leap and reaped enormous benefits. Using breakthrough RembrantAi technology from IT Solutions company, ToolCASE, Launch Credit Union prevented more than $1.8 million in fraud in 2021, a 97%......
Berkshire Bank Selects Salt Security for API Security as its Business Operations Scale
News Security

Berkshire Bank Selects Salt Security for API Security as its Business Operations Scale

Fintech News Desk
by Fintech News Desk0
Salt Security allows Berkshire Bank to accurately capture, catalog, and secure its growing API activity Salt Security, the leading API security company, today announced that Berkshire Bank, a leading socially responsible community bank with office locations in New England and New York, has selected the Salt Security API Protection Platform to secure its......
Digital Payments News

Juniper Research: Biometrically Authenticated Remote Mobile Payments to Reach $1.2 Trillion Globally by 2027

Fintech News Desk
by Fintech News Desk0
Security Regulations to Drive Adoption of Biometric Authentication Systems A new study from Juniper Research has found the value of biometrically authenticated remote mobile payments will reach $1.2 trillion globally by 2027; rising from $332 billion in 2022. These transactions use biometrics, typically facial and fingerprint recognition, to authenticate remote mobile payments.......
Free Fintech-Enabled Smartphones Coming to Unbanked Women in Africa from DreamStart Labs and KEIPhone
Banking News

Free Fintech-Enabled Smartphones Coming to Unbanked Women in Africa from DreamStart Labs and KEIPhone

Fintech News Desk
by Fintech News Desk0
DreamStart Labs, an award-winning provider of digital banking technology for emerging markets, and KEIPhone, a provider of free smartphones for unconnected women, announced a strategic partnership to bring free fintech-enabled smartphones to unbanked women in Africa. For the first time ever, women who have been excluded from formal financial services will be......
MainStreet Bank Promotes Tom Floyd to Chief Lending Officer
Lending News

MainStreet Bank Promotes Tom Floyd to Chief Lending Officer

Fintech News Desk
by Fintech News Desk0
MainStreet Bank Promotes Tom Floyd to Chief Lending Officer MainStreet Bancshares, Inc., the holding company for MainStreet Bank, announced it has promoted Tom Floyd to Chief Lending Officer, entrusting him with strategic leadership over a growing loan portfolio that currently exceeds $1.4 billion. Floyd, who joined the $1.8 billion-asset bank in 2017, was previously......
Marqeta Study: Australians Lead the Way in Digital Payment Use, as Mobile Wallet Use Spikes 67 Percent Post-COVID
Digital Payments Digital Wallet News

Marqeta Study: Australians Lead the Way in Digital Payment Use, as Mobile Wallet Use Spikes 67 Percent Post-COVID

Fintech News Desk
by Fintech News Desk0
83% of Australians surveyed said they’d used a mobile wallet in the last 12 months Australian consumers are at the forefront of mobile wallet use and adoption of digital banking tools, abandoning cash and physical payment experiences in larger numbers than the US or UK, according to a new survey......
77% Of Gen Z Are Ditching Physical Wallets to Pay by Mobile
Banking Digital Payments Digital Wallet News

77% Of Gen Z Are Ditching Physical Wallets to Pay by Mobile

Fintech News Desk
by Fintech News Desk0
Confidence in digital payments grows, as new research from Marqeta shows two-fifths of UK consumers can’t even remember their PIN Marqeta, the global modern card issuing platform, has released its 2022 State of Consumer Money Movement report looking at consumer payment, banking and shopping preferences, showing digital adoption is on the......
Ascend Federal Credit Union Names Lumin Digital As Partner for Enhanced Digital Banking Services
Banking News

Ascend Federal Credit Union Names Lumin Digital As Partner for Enhanced Digital Banking Services

Fintech News Desk
by Fintech News Desk0
Lumin Digital announced that Tennessee-based Ascend Federal Credit Union (Ascend) has signed a multi-year agreement for Lumin Digital’s cloud-native platform for online and mobile digital banking solutions. Lumin Digital will support Ascend’s more than 244,000 members and more than $3.7 billion in assets once the credit union goes live on the platform in June......
REPLY Extends Its Presence in Banks and Insurance in Germany With the Acquisition of FINCON
Banking InsurTech News

REPLY Extends Its Presence in Banks and Insurance in Germany With the Acquisition of FINCON

Fintech News Desk
by Fintech News Desk0
REPLY announces that has signed an agreement to acquire 100% of FINCON Unternehmensberatung GmbH – a German consulting company leader in digital transformation projects for the banking and the insurance industry. FINCON, headquartered in Hamburg, is a pure consulting company specialized on the core processes and systems for the financial services......
Bank of America to More Than Double Electrify America Ultra-Fast Charging Stations at Financial Centers
Banking Finance News

Bank of America to More Than Double Electrify America Ultra-Fast Charging Stations at Financial Centers

Fintech News Desk
by Fintech News Desk0
Over 90 financial center locations will offer electric vehicle (EV) charging by the end of 2023 Bank of America and Electrify America announced plans to more than double the number of financial centers equipped with electric-vehicle (EV) charging stations by the end of 2023. As of the beginning of this......
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