Remove Capital Remove Fraud Remove Technology Remove User Experience
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PAAY Rolls Out Partner Platform To Complement EMV 3DS Technology

PYMNTS

PAAY said its EMV 3DS offering lets merchants decrease chargeback costs, bolster authorization rates and maintain compliance as they provide an easy as well as frictionless experience for users. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick.

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Biometrics Changes Tempt eCommerce Companies As Fraud Defense

PYMNTS

As the digital shift continues to keep pace with post-coronavirus shopping behaviors, eCommerce fraud is growing with it. In fact, 22 percent of respondents in a recent TransUnion survey claimed they had “been targeted by digital fraud related to COVID-19.” The company’s technology tracks user behavior to determine fraud.

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Latest Technology financial Institutions Should Adopt

NCR

Biometrics, Geolocation and the Blockchain are technologies ripe for deeper implementation within financial apps. However, I believe that the blockchain and a combination of geolocation and advances in biometric technology can be used to better bank customers’ user experience. Go through a fraud check.

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What Open Banking Means For China, Challenger Banks And SMBs

PYMNTS

At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB) customer base, with open banking and bank-FinTech collaborations an important part of that strategy. Enfuce Tackles Fraud In Open Banking. Fifth Third Bank Taps FinTech For SMB Lending. .’s

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How 5G Will Shake Up Banking and FinTech?

PYMNTS

As that mobile technology get closer to mainstream introduction, the potential 5G ecosystem for FinTech and mobile banking is gaining clarity. Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience.

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The Past, Present And Future Of Voice Banking

PYMNTS

It’s been a little over a year since our Digital Banking Tracker heralded the “ Dawn of Banking Voice Technology.” Now it’s more like the high noon of banking voice technology, with most major banks hosting their own incarnation — all with slightly different capabilities and adoption rates. Santander U.K. Santander U.K.

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Artificial Intelligence: FIs’ Friend Or Foe?

PYMNTS

For instance, AI can detect fraudulent activity with much greater speed and accuracy than the human eye by watching for known fraud patterns and behaviors to flag suspicious transactions. What will banks do with all that liberated capital? As technology evolves, banks need to be at the forefront.”.

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