Remove Fintech Remove Knowledge Base Remove Marketing Remove Technology
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IdentityMind On The Need For FinTech Compliance Marketplaces

PYMNTS

The top of any FinTech’s to-do — and to-keep-doing — list. The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. Compliance and risk? Plugging In To Plugins.

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Few speakers or vendors had solutions for how banks are going to efficiently index, manage, and optimize their knowledge base, not to mention customer data.

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RegTech: How investment trends are impacting the industry—and how the ecosystem can work with the regulator

Accenture

I wanted to follow on from my previous blog around the emergence of RegTech (technologies that address the challenge and cost of regulatory compliance.) Right now, compared with Fintech, RegTech has low investment for the size of spend. It’s relevant not just in banking, but capital markets, wealth management and insurance.

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RegTech: How investment trends are impacting the industry—and how the ecosystem can work with the regulator

Accenture

I wanted to follow on from my previous blog around the emergence of RegTech (technologies that address the challenge and cost of regulatory compliance.) Right now, compared with Fintech, RegTech has low investment for the size of spend. It’s relevant not just in banking, but capital markets, wealth management and insurance.

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How Banks Are Using AI, ML To Fight Account Opening Fraud

PYMNTS

FIs are thus turning to a host of technologies to protect customers from account opening and other mobile channel fraud forms. Account opening fraud can be difficult to detect because it is often tied to data breaches at other banks or FinTechs, meaning banks do not yet have the data necessary to recognize illegitimate customers.

Fraud 144
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Facebook’s Libra And The Future Of Digital Identity

PYMNTS

With the digital identity market expected to reach $15 billion by 2024, major ID providers such as Google and Apple are racing to improve the identity verification experience. ICONLOOP expects that my-ID data will be readily accepted by banks and FinTechs without the need for further verification.

Apple 158
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Deep Dive: The Need For Real-Time Data To Keep Onboarding Fast And Secure

PYMNTS

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Using biometrics in place of old-school knowledge-based authentication (KBA) procedures and passwords can also help improve the overall onboarding experience.

Security 133