Banking 2020

DECEMBER 11, 2015

Articles via PYMNTS.com, Banking Exchange, Enterprise Innovation. Ho, Ho, Hoax: According to ACI Worldwide, consumers need to brace themselves for a higher level of fraud online and across all channels this holiday season. With more consumers using devices to shop, fraud attempt rates increased by 30% compared to 2014.

Mobile 40

Mobile Fraud Online Software 40

PYMNTS

MAY 16, 2016

While Lending Club generally focuses its services on consumers, the implications of Laplanche’s resignation have echoed throughout the SME lending space as well and could see a further decline in banks backing small business loans offered through marketplace platforms. 65% of U.K.

Fintech 108

Fintech Lending Fraud Cards 108

Banking 2020

NOVEMBER 12, 2014

The business case for banks is straightforward. They also know the fraud cost of password hacks and the opportunity cost of low adoption of mobile services. Spotlight Digital Insight EyeVerify Finovate innovation password security System Works Group' Those are some big claims, but what do you think?

System 101

System Security Groups Mobile 101

Banking 2020

DECEMBER 16, 2014

We expect our members enrolled in Apple Pay will use it at every opportunity, and will view both America First and the merchants who support Apple Pay as innovative. Our employees, who are accustomed to our embrace of innovative technologies, welcome Apple Pay and look forward to helping members use it.

Apple 84

Apple America Training Cards 84

Banking 2020

AUGUST 27, 2015

One new approach that banks are exploring to mitigate this particular vector of fraud is the notion of using smartphones as a second factor of authentication since most people always have their phone with them. According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses.

ATM 40

ATM User Experience Fraud UX 40

Banking 2020

NOVEMBER 25, 2015

Until now, this sector has been subject to very little legislation, but there have been claims that this hands-off approach has helped facilitate problems such as fraud and money laundering. “The implementers of these rules are looking at this from the perspective of protecting the banks.

Regulation 40

Regulation Online Marketing Payments 40

Banking 2020

NOVEMBER 8, 2015

Open APIs are a key part of wider transformation in the banking industry and will become much more common as regulation forces banks to open up their systems. Effectively this will open up access across the industry to payment processing services and bank accounts held by customers.

Cyber Security 40

Cyber Security Payments Security Regulation 40