Remove Banking 2020 Remove Fraud Remove Innovation Remove Security
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Your Eyes are the Window to… Your Bank? Q&A with EyeVerify

Banking 2020

Chris Barnett: The problem that Eyeprint ID solves is the password: Both the inconvenience of a password and the security vulnerability of a password. 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. Users hate passwords.

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Going Head First with Apple Pay: Q&A with AFCU

Banking 2020

Are you adding any additional security or authentication on top of provisions within the Apple Pay service? We believe the security measures implemented by Apple and Visa are sufficient. Our employees, who are accustomed to our embrace of innovative technologies, welcome Apple Pay and look forward to helping members use it.

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M-Pesa open API part of wider payments progress

Banking 2020

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.

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Can Smartphones Solve ATM Skimming

Banking 2020

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. Security and mitigating losses from skimming ultimately will be what banks care about most.

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How will new regulations affect China’s online payments market?

Banking 2020

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. Balancing usability with security is no easy task and it seems China, like many other countries, is struggling to get it just right.

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Scorecard Reports

Javelin Strategy & Research

2022 Cyber-Trust in Banking Scorecard Javelin Report Date: September 27, 2022 Authors: Suzanne Sando , Alexander Franks Research Topic(s): Cybersecurity , Fraud & Security For consumers to trust their financial institutions, their expectations need to be met and exceeded. Bank and Chase close the gap. The report me.

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