PYMNTS

APRIL 22, 2020

Banks must enable fast and seamless onboarding experiences, but these processes should also be secure. New account fraud is a significant problem for FIs, with 48 percent of values generated from fraud attempts coming from accounts that have only been open for one day, according to a recent report. Biometrics and Onboarding.

Security 133

Security Data Fraud Tools 133

PYMNTS

SEPTEMBER 22, 2017

The second and overlooked area of innovation is in the area of user experience. A large number of banks and online sites still rely on knowledge-based authentication. This was] partly due to the steps involved in mapping the digital identity of the customer to their real world identity. You know the ones.

Innovation 140

Innovation Knowledge Base Online Mobile 140

William Mills

MAY 11, 2016

To get the customer, they offer a rewards program which is 1% rewards. Demo: Sezzle app with knowledge based authentication to link bank accounts. Customers can store all of their online profiles in one secure location to improve user experience. Then confirm identity with knowledge based authentication.

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

DECEMBER 5, 2016

Speaking at FinovateFall 2016 in September, Daon President of the Americas Conor White asked attendees about their own experience with cart abandonment online. “Last year, a Javelin report said that there was $9 billion lost due to card fraud. That’s a problem,” White said.

Security 12

Security Mobile Technology Virginia 12