Remove 2025 Remove Fintech Remove Fraud Remove Security
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Security Demands Spur Virtual Debit Card Adoption

PYMNTS

Businesses are also examining virtual card options that can allow employees to make company payments securely and conveniently during the pandemic. Firms are also prioritizing security as they transact online more heavily as well. based FinTech Jassby. Virtual Cards To Bring Greater Security To Transactions.

Cards 197
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How 5G Will Shake Up Banking and FinTech?

PYMNTS

Financial institutions are in the midst of becoming more mobile, with many of those legacy operations opting to — or at least considering — working more closely with FinTech providers to upgrade services, retain customers and acquire new ones. The debut of 5G promises to add another tool that can aid such efforts. Digital Demand.

Fintech 211
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Singapore’s Credify Raises $1M To Expand Into Southeast Asia

PYMNTS

The company said it works to generate new sources of revenue for organizations while ensuring privacy protection and blockchain-based security. South Asia is the fastest-growing market in FinTech and eCommerce, according to Credify. The area is projected to be a $72 billion market for FinTech in 2020, at an CAGR of 72.5

Regional 171
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Big Data Explosion

Cisco

Some familiar examples are receiving banking fraud alerts on mobile devices, submitting photos for insurance adjustments, or using robo-advisors for investment decisions. Those ecosystems could add up to a $60 trillion integrated network economy by 2025, according to McKinsey. trillion by 2025, growing at a CAGR of 16.9%.

Big Data 148
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Digital Onboarding Comes To Higher Education

PYMNTS

billion by 2025.”. It’s known that many colleges and universities would fail their final when it comes to online security and fraud defenses. That involves partnering with financial institutions (FIs) and FinTechs that are specialized in higher education, and have been working overtime on payments fixes for a tough situation.

Video 251
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Hosted vs. On-Premise Solutions for Financial Institutions

Abrigo

Financial institutions generally are moving away from self-managed, on-premise technology and are finding hosted solutions that provide the security and scalability they need. But research firm Gartner estimates that through 2025, 99% of cloud security failures will be the customer’s fault. Time for bold late-cycle moves.”

Resources 150
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BNZ protects customers (and the customer experience) with IBM Safer Payments

Insights on Business

Bank of New Zealand (BNZ), one of the leading banks in ANZ, announced late last year that they have selected IBM Safer Payments to deliver cross-channel fraud protection to its customers. Growing fraud requires new approach. Many conveniences that customers enjoy as a result of modern banking carry an increased risk of fraud.