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Report: Digital ID and Video-Based KYC Help Lenders Onboard SMBs

PYMNTS

Many of these processes had begun to shift to digital channels within the past several years, however, and the health crisis has caused the online shift to pick up steam at an incredible pace. Video-based know your customer (KYC) processes are particularly promising in this regard. Around The Digital Identity Landscape .

Video 211
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How Visa Is Securing the Internet of Things [VIDEO]

Bank Innovation

The Internet of Things is notoriously insecure — unsecured, or poorly secured IoT devices have contributed to a number of cyberattacks, and these are on the rise as the number of devices increases. There are more than 8 billion connected devices today, with over 20 billion estimated for 2020.

Security 268
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How Axis Bank Prevents Identity Fraud With Video-Based Onboarding

PYMNTS

The ongoing COVID-19 pandemic and its associated social distancing and stay-at-home orders have pushed untold services online for easier consumer access, with banking serving as a prime example. Social Security numbers. A major factor in this decline has been the rise of improved authentication and security systems at banks like Axis.

Video 205
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How Subscriptions Bridge The Online/Offline Learning Divide

PYMNTS

In the early days of the pandemic, many consumers found themselves stuck at home with plenty of time on their hands, which appears to have contributed to a surge in new subscriptions to video streaming, gaming and digital media services. This does not mean that businesses are pausing plans to offer innovative subscription services, however.

Online 237
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How Will Banks Secure the New Channels — Messaging, Video, Chatbots?

Bank Innovation

The first video banking call crossing the Atlantic took place this week. A new virtual assistant (TouchAssist) and a new personal finance chatbot (Trim) both launched yesterday. Facebook Messenger recently reached 1 billion users — and 18,000 bots. There are more ways for customers to talk to banks than ever Read More.

Video 150
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Mastercard Acquires NuData for Better IoT Security [Video]

Bank Innovation

The global Internet of Things needs to have great cybersecurity—that’s why leading card provider Mastercard just acquired financial cybersecurity firm NuData Security.

Security 150
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Visa’s SVP for the Internet of Things Joins Bank Innovation 2017

Bank Innovation

Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Recent video footage also Read More. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016.

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