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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.

Fraud 74
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How Digital-First Credit Unions Can Break The Impersonality Barrier

PYMNTS

The financial world has become more and more entrenched in digital channels, much to customers’ delight — 59 percent of FI consumers want to open banking accounts online rather than do so at a branch. Nearly one-third of millennials would prefer to do their banking exclusively online and eschew branch locations entirely.

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The 134 Fintech Unicorns of the 21st Century (Jan 2021 update)

Fintech Labs Insights

The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. Online Digital Banks for Small Businesses. Fintech Startup Debuts: Brave Credit & AWSM Bank Pitch @ 500Startups Demo Day (4 Feb 2021). Full Fintech Unicorn List. values as of 2 Feb 2021). Value Date.

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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. .

Fintech 15
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

As NYU Stern School of Business professor and digital transformation researcher Arun Sundararajan notes: “Crisis can be… a catalyst or can speed up changes that are on the way — it almost can serve as an accelerant.”. In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online.

Industry 101
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The 198 Fintech Unicorns of the 21st Century (June 2021 update)

Fintech Labs Insights

Their total market value is now $1.91 Total market value = $ 1.91 Related: Top 15 Digital & Online Insurance Providers for Small Businesses (SMB): June 2021. Online Digital Banks for Small Businesses (SMB) June 2021. Top 15 Online Digital Corporate Credit Cards for Small Businesses (June 2021).

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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.