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IMF Report: Banking Profits Might Not Exceed Cost Of Equity In 2025

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A large share of the banking sectors of nine advanced economies, by assets, may not be able to bring in profits higher than their cost of equity in 2025, according to a simulation exercise cited in the “Global Financial Stability Report” by the International Monetary Fund (IMF).

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Live Nation Settles With DOJ Over Ticketmaster Antitrust Violation

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Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. The agreement — which was set to expire in 2020 — bars Live Nation from forcing venues to use Ticketmaster when they want to book tours, as well as retaliating when a venue uses another ticketing service.

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US Mobile Adopts Digital Identity Protocols To Protect Against SIM Swap Fraud

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The telecommunications industry is but one of many sectors looking to more securely verify customers and avoid fraud, which remains a growing problem. One study found that these apps will outnumber phy sical identity cards by 2023, with this trend being driven largely by national ID programs in emerging markets. More than 6.2

Fraud 242
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NRF Talks PIN-less EMV And POS Fraud

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Facial authentication and cloud-based subscription services are particularly popular, with applications ranging from unlocking personal smartphones to providing secure access to top-secret government facilities. A multitude of security issues continue to plague the space, however, despite this optimistic future of digital identity.

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Video-Based KYC Fixes Its Gaze On Fraudsters

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As the new Digital Identity Tracker® states, “about 40 million bank customers in Thailand are expected to register for digital identity authentication under the country’s National Digital ID (NDID) program, which was recently expanded to more financial service providers. That’s expected to cost banks an $168.9 Timing Is Everything.

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Today In Payments: Enova To Aquire OnDeck In $90M Deal; PayPal Reports Record Quarter

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Report: India’s National Payments Corp Vulnerable To Security Breaches. National Payments Corp. of India (NPCI) discovered over three dozen security risks in 2019. Shipt forecast pre-pandemic that eCommerce grocery delivery would reach approximately $20 billion around 2025.

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Does KBA Have A Place In Online SMB Credit Checks?

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Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. Government-issued digital identities are not just the realm of sovereign nations. Another form of identity security is biometrics.

Online 144