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Inside The Fight For Digital Driver’s Licenses

PYMNTS

In the February Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including digital driver’s license initiatives around the country, biometric solutions for credit cards and the growing danger of fake profiles on social media. Deep Dive: How Fake Profiles Endanger Social Media Networks.

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ATM-style security can thwart social-driven account takeovers

Payments Source

ATMs require dual-factor authentication in the form of a physical card and a PIN, and this same concept should be extended to phone transactions, writes Patrick Cox, CEO of TRUSTID.

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Deep Dive: How Banks Use Digital Technologies To Outlast The Coronavirus

PYMNTS

Some have added support for in-branch digital technologies such as video banking screens and upgraded ATMs to minimize in-person contact while making sure customers’ needs are met, for example. Drive-thru ATMs attached to bank branches have been in use for decades, but FIs are now relying on them as sole points of customer contact.

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Bitcoin Daily: Overstock CEO Shares Movement In Bitcoin Efforts; Russia Might Be Open To Crypto Trading

PYMNTS

Byrne told CNN Business that the social media giant’s launch of its own digital currency validates the space — and Overstock would be open to partnering with Facebook on the project. Byrne predicted that security tokens will reduce friction in capital markets while also improving price discovery.

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Fibank, Mastercard Team For Garmin Pay Transactions In Bulgaria

PYMNTS

Contactless POS payments and ATM transactions will also work with Garmin Pay. Garmin Pay brings us one step further in delivering secure and convenient payment innovations.”. Security is backed by the Mastercard Digital Enablement Service (MDES) technology.

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Top News In Payments: Facebook Expenses Rise 51 Pct; Goldman Targets $125B In Consumer Deposits

PYMNTS

In its Q4 2019 earnings release, Facebook reported a 51 percent spike in expenses for 2019, as the social media platform faces more questions from regulators and policymakers. FICO’s Take on Debit Security. Facebook Expenses Rise 51 Pct as Regulatory Pressure Increases. Unbundling the Travel Bundle.

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A new digital bank needs a new customer service experience

Insights on Business

Next has access to all of Bradesco’s ecosystem, ATMs, call center, internet banking. Protection (Security). Also follow the social media platforms to stay informed with the latest updates : . For Bradesco, a large Brazilian bank, NEXT is the answer. Next is a digital bank, completely disassociated from the Bradesco brand.