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Fighting digital banking fraud – Part 1: Know the threat

NCR

This convenience offers many advantages to the consumer, but financial institutions and consumers need to recognize one of the biggest disadvantages of this technological expansion: the increased risk of digital banking fraud. Digital banking fraud affected 14 percent of consumers in 2016, up from 12 percent in 2015.

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FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

Fusion Reveals Payments Platform Banks. Finastra unveiled Fusion Payments To Go , which the firm says decreases the expense and risk of keeping legacy infrastructure in adherence with regulations and evolving market initiatives. Europe and South Africa. Alacriti Collaborates With The Clearing House on RTP.

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How Digital-First Credit Unions Can Break The Impersonality Barrier

PYMNTS

Nearly one-third of millennials would prefer to do their banking exclusively online and eschew branch locations entirely. Digitally-focused CUs are reaping the rewards of this market demand and saving money by limiting the number of branch locations and ATMs that need to be maintained.

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FinovateEurope Sneak Peek: Strands

Fintech Labs Insights

STRANDS develops innovative software solutions that enable banks to offer personalized digital banking experiences by applying machine learning algorithms within big data ecosystems. Features: Intuitively transforms complex bank data into key customer insights. Register today. . Luis Rodriguez, Product Evangelist.

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Backbase Announces New CFO Leonore Van Waaij

Fintech Labs Insights

Pictured (left to right): Jelmer de Jong (Global Head of Marketing) and Jouk Pleiter (CEO) demonstrating Backbase DBP for Wealth Management at FinovateEurope 2016. Founded in 2003 and headquartered in Amsterdam, The Netherlands, Backbase demonstrated its DBP for Wealth Management at FinovateEurope 2016.

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The 260 Fintech Unicorns of the 21st Century (Oct 2021)

Fintech Labs Insights

Their total market value is now $2.23 Total market value = $2.23 Secondary market May 21. In October, we added 22 new unicorns for a total of 260. trillion, just $20B more than last month (essentially flat). Unicorn count: Beginning (Oct 1) = 238. + 21 born this month (see Table 2, below). + Total (Oct 30) = 260. trillion. .

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The 187 Fintech Unicorns of the 21st Century (May 2021 update)

Fintech Labs Insights

Their total market value is now $1.72 Total market value = $1.72 India-based banking technology startup. Secondary market May 21. Tinkoff Bank. Related: Top 15 Online Digital Corporate Credit Cards for Small Businesses (June 2021). Online Digital Banks for Small Businesses (SMB) May 2021.