Remove Fraud Remove Innovation Remove Knowledge Base Remove User Experience
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Deep Dive: The Need For Real-Time Data To Keep Onboarding Fast And Secure

PYMNTS

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
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Outfoxing The Cyberfraudsters In Real-Time With Live IDs

PYMNTS

PYMNTS: How would you define your company’s approach to innovation? SS: Our approach to innovation is two-pronged. The third tier of technical innovation involves people — not just APIs. The second and overlooked area of innovation is in the area of user experience. You know the ones.

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Payments 2016: The Year Mobile, Biometrics And Trust Converged

PYMNTS

As a result, authentication and identity verification practices that rely on data only, such as passwords and knowledge-based authentication questions, have been scrutinized and are largely seen as no longer sufficient. With this in mind, financial institutions have invested heavily in biometric authentication user experiences.

Mobile 109
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The Perfect Secure Payments Storm

PYMNTS

Sass says weak security challenges like passwords and knowledge-based questions (i.e. The innovation that 3DS 1.0 The original 3DS drove down fraud instances while simultaneously optimizing the user experience by only challenging the transaction when absolutely necessary, Rendell said. Data Trove.

Security 109
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FinovateSpring 2016 Live Blog – Day 2

William Mills

Demo: Sezzle app with knowledge based authentication to link bank accounts. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. Customers can store all of their online profiles in one secure location to improve user experience.

Video 40
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Finovate Debuts: Daon Brings Security and Convenience to Mobile Authentication

Fintech Labs Insights

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. Finovate: Who are your primary customers?