PYMNTS

JUNE 11, 2020

This process removes the necessity of submitting documents in person and also results in a faster, more automated and secure way to verify users’ identities. This demand and the security benefits are not the only factors driving biometric AML/KYC tools’ adoption, either. Digital Innovation, Legal implementation.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

JULY 28, 2020

Fraudsters and financial institutions (FIs) are constantly evolving to best each other, and growth in synthetic ID fraud is revealing that many banks must enhance their security measures to stay in the lead. Most banks still need to upgrade their security methods to handle the issue, too. billion from the nation’s consumers in 2018.

Fraud 132

Fraud Data Examples Security 132

PYMNTS

APRIL 4, 2019

And those relationships, she noted, are an excellent starting ground for succeeding with innovations “where other technology platform have recently failed.”. Banks need to expose more of their security aspects to consumers so they can seem them in action. Bringing the Bank Back to the Center of Commercial Life.

Mobile 169

Mobile Study Security social media 169

PYMNTS

SEPTEMBER 5, 2019

Seventeen percent of call centers are looking to replace knowledge-based authentication (KBA) with multi-factor authentication (MFA) to better protect customers from scheming fraudsters, and though that may not seem like a high percentage, it is double the number of centers that were looking at such methods in 2018.

social media 116

social media Fraud Tools Knowledge Base 116

PYMNTS

SEPTEMBER 22, 2017

Among the front row seat observers in the battle for payments security is Stephen Stuut, CEO of online mobile payments and identity verification company Jumio. PYMNTS: How would you define your company’s approach to innovation? SS: Our approach to innovation is two-pronged. First, we’re looking to expand our global footprint.

Innovation 140

Innovation Knowledge Base Online Mobile 140

PYMNTS

MAY 14, 2018

But call centers could benefit from support of their own, as new research shines light on customer dissatisfaction with automated services like IVR, and call centers’ lack of comfort with information-based security measures. Another area that may be more than ripe for innovation is security.

Trends 100

Trends Knowledge Base Survey Security 100

NCR

DECEMBER 15, 2017

By allowing consumers to verify their identity with a fingerprint scan or a spoken word, biometrics could eliminate the need for passwords and unique user IDs – removing one of the weakest links in the security chain. These might involve the use of one-time passcodes or knowledge-based authentication. What are the risks?

Fraud 96

Fraud Security Knowledge Base Analysis 96

PYMNTS

SEPTEMBER 19, 2019

Machine learning (ML) and artificial intelligence (AI) have been used by banks for fraud protection for several years, but these technologies are just starting to take on main roles: They are now displacing traditional knowledge-based authentication (KBA) methods like PINs and passwords.

Fraud 144

Fraud Data Mobile Tools 144

PYMNTS

DECEMBER 26, 2016

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. billion end users making domestic as well as international P2P payments. Download the eBook.

Mobile 109

Mobile Payments eBook User Experience 109

NCR

DECEMBER 20, 2017

User authentication has been a chief security concern for financial institutions (FIs) for many years, and is arguably more pressing today than it has ever been before. It should be remembered that, like any new security technology, biometrics could raise its own unique questions and concerns.

Security 77

Security Knowledge Base blockchain Analysis 77

BankBazaar

JUNE 10, 2020

The streaming service offers the latest and popular TV shows, movies and knowledge-based content from India and the world. Just post a free ad, wait for the offers and carry out the transaction in a safe and secure manner. Bigbasket (Innovative Retail Concepts Private Limited) is India’s largest online food and grocery store.

Video 97

Video Mobile Regional Knowledge Base 97

PYMNTS

APRIL 14, 2016

CFOs securing the number two spot for the percentage reporting revenue gains (64 percent), European money managers are far more cautious about the coming year than their Latin American counterparts. Despite U.K. North America. North American CFOs were described as “solidly optimistic,” with some of the highest instances of revenue growth.

Regional 100

Regional Survey Report Marketing 100

PYMNTS

SEPTEMBER 4, 2019

Whether bank or business, call centers need to make sure they’re providing an innovative, robust experience for the customer online, over the phone, through mobile apps and on social media. That’s why banks, such as TD Bank , are approaching call center security needs with tools like MFA, said Lindsay Sacknoff, head of U.S.

Security 152

Security social media Tools Knowledge Base 152

William Mills

MAY 11, 2016

Demo: Sezzle app with knowledge based authentication to link bank accounts. It’s all done through the smartphone, with bank-level security. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager).

Video 40

Video Mobile social media Analytics 40

PYMNTS

SEPTEMBER 12, 2019

In this month’s Feature Story, Rodgers discusses why SCA is a necessary step forward for online authentication and payment innovation, despi te its challenges. To learn more about how merchants are responding to SCA, visit the Tracker’s Feature Story. Deep Dive: Biometric Authentication in a Post-SCA World.

Regulation 126

Regulation Google Compliance Knowledge Base 126

PYMNTS

APRIL 11, 2017

The reason Yahoo was targeted, said Geiman, was because bad guys wanted to get the answer to knowledge-based questions. Thus, security of data becomes top of mind within a firm. “If There is also suspicion of just how secure some data might be, such as someone’s mother’s maiden name. It is a scary thing to you.”.

Data 101

Data social media Fraud Online 101

CB Insights

MAY 10, 2018

State of Innovation Report. From one perspective, the position of management consulting as an industry has never seemed more secure. You don’t need to work with a Bain or a BCG to talk to someone with in-depth knowledge about supply chain management. Many are still in wide usage today. Each one is still growing.

Strategy 78

Strategy Management Analytics Tools 78

PYMNTS

SEPTEMBER 19, 2016

Finally, the mobile app ecosystem in China is a lot messier than in developed countries because of massive security and quality control issues inside of app stores. Making WeChat available on the phone extended Tencent’s footprint to many millions more people. Whither Bots? Here’s the politically correct response.

Payments 100

Payments Mobile Apple Google 100

Fintech Labs Insights

DECEMBER 5, 2016

So do we have a security problem or a convenience problem?” ” “As a security professional I’ve always been told you can be secure or you can be convenient but you can’t be both,” White said. You can be secure and your customers will be happy.” “Now you can be both.

Security 12

Security Mobile Technology Virginia 12

CB Insights

MARCH 6, 2019

Its tech has been deployed for several different security applications , including passenger and ticket scanning for air travel, door entry scanning, and law enforcement strategies. Total Funding : $517M. Company Description : The Guangzhou company CloudWalk develops artificial intelligence facial recognition technology. Valuation : $1B.

Company 72

Company Capital Groups Big Data 72