PYMNTS

APRIL 22, 2020

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

Security Data Fraud Tools 133

PYMNTS

DECEMBER 6, 2018

Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S. Another technology that can help banks prevent fraud and take a more proactive approach to suspicious transactions in real time is artificial intelligence (AI). The antidote?

Fraud 133

Fraud Payments Security Cyber Security 133

ZootBlog

NOVEMBER 11, 2015

Banks need to decide if they can be nimble enough to compete on their own or if they should develop technology partnerships. There are several ways for banks to elevate their game—fintech houses, neobanks, alternative lenders, in-bank labs. Fintech Houses. Alternative Lenders.

Innovation 60

Innovation Fintech social media Knowledge Base 60

William Mills

APRIL 20, 2017

This year’s National Technology in Mortgage Banking Conference & Expo took place March 26-29 at the Hyatt Regency in Chicago. There was a good deal of buzz around blockchain technology and tech showcases of the industry’s latest technology entrants, and the overall vibe of the show was a positive one.

blockchain 46

blockchain Detroit Conference Knowledge Base 46

FICO

JULY 19, 2022

Building compelling, digital customer experiences that are validated by analytics is the key to successful digital transformation strategies… and a vexing challenge for banks and insurance companies facing ever-stronger challenges from fintech and insurtechs.

Customer Experience 52

Customer Experience Strategy Analytics Technology 52

FICO

OCTOBER 26, 2021

But the reality is that credit unions are still competing for customers in the same market as big banks and FinTechs. On the other side, you have FinTechs – they are much smaller and less regulated, but they have the digital savvy to steal customers and they’re taking advantage of market gaps in innovative ways.

Analytics 52

Analytics Community Branding Data 52

FICO

AUGUST 19, 2022

They have all of the advantages – huge customer bases, broad portfolios of offerings, and decades to detailed customer data – and yet, their customer defections are at an all-time high. Worse, smelling blood in the water, venture capitalist are pouring record amounts of investment into the next generation of fintechs and insurtechs.

Customer Experience 52

Customer Experience Analytics Strategy Management 52

Jeff For Banks

MAY 31, 2017

Clearly he is not attending FinTech conferences. I sometimes quip that FinTech prognosticators are like futurists. Although I read a story today about a FinTech firm in Vietnam opening bank branches because the government requires an employee to verify the account holders' identity in-person. Yet both live on. Close them!

Branch Strategies 60

Branch Strategies DC Groups Fintech 60

William Mills

MAY 11, 2016

Demo: Sezzle app with knowledge based authentication to link bank accounts. Helping banks with customer retention by transforming data into knowledge about their customer’s engagement and key events on their journey. From Website: brandCrowder is a mobile, web-based “equity” crowdfunding platform. Plus the 1% rewards. ^KT.

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

SEPTEMBER 29, 2016

Here’s what CEO Stuut had to say about his company, its current initiatives, and what we can expect from the Palo Alto-based security specialist in the months and years to come. Finovate: Where will ID scanning and technologies like FaceMatch make the biggest impact in terms of replacing passwords and security codes?

Security 12

Security Mobile Industry Knowledge Base 12

CB Insights

MARCH 6, 2019

Bitmain Technologies. Company Description : Beijing-based Bitmain Technologies produces bitcoin mining servers and other computing components. Select Investors : GGV Capital, Foxconn Technology Company, IDG Capital, Matrix Partners China, Alibaba Group, Lightspeed China Partners. YITU Technology. Valuation : $12B.

Company 72

Company Capital Groups Big Data 72

Fintech Labs Insights

DECEMBER 5, 2016

.” With clients including USAA and Mastercard , Daon provides both enterprise and public sector customers with biometric authentication technologies including face, voice, and fingerprint recognition. Importantly, the technology is built to make it easier for individuals to protect themselves, delivering both security and convenience.

Security 12

Security Mobile Technology Virginia 12