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Deep Dive: Striking A Balance In Digital ID Security

PYMNTS

The Drawbacks of Complex Security. Digital IDs can be protected with common protocols, such as two-factor authentication (2FA), frequent password changes and detailed security questions. AI Solutions for Balancing Security and Convenience. Blockchain-Based Security Methods. More than 4.5

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FinTechs use growing amongst consumers and criminal organizations

BankInovation

The digital economy continues to grow, up significantly from 2002, when total holiday sales hit just $416.4 Whether payments are processed through Apple Pay or Venmo, PayPal or a debit card, there is always involvement with an account at a financial services institution. Eventually it all passes through financial service institutions.

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The Aadhaar Card – A Step In The Right Direction

BankBazaar

Has the advent of the Aadhaar Card brought in a lot of positive changes? The amendment provides for the voluntary use of Aadhar for KYC authentication under the Telegraph Act, 1885, and the Prevention of Money Laundering Act, 2002. Ever since Aadhaar Cards became a mandatory proof of identity, they’ve introduced a host of benefits.

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simPRO Taps Square To Power Field Service Payments

PYMNTS

The integration provides field service businesses with a mobile payment solution to accept card payments at the time of service, receive funds as early as the next business day, and issue invoices from the field. By partnering with Square’s trusted payment platform, we are simplifying the billing and invoicing process for our customers.”.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Equifax Names Warburg Pincus Executive Its New CEO

PYMNTS

During Begor’s 35 years at General Electric, Equifax said he was in charge of multibillion-dollar business units as president and CEO of GE Energy Management from 2014 to 2016, president and CEO of GE Capital Real Estate from 2011 to 2014 and president and CEO of GE Capital Retail Finance (Synchrony Financial) from 2002 to 2011. “I

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Credit Score – Facts, Myths & A Case Study

BankBazaar

Additional Reading : How Credit Card Users Can Maintain A Healthy Credit Score. Generally a score of above 800 is considered excellent by the lenders and preferred for granting a loan or Credit Card to an individual. When you need credit urgently, you tend to apply for loans or Credit Cards across multiple lenders. Case Study.