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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.

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

PYMNTS

Nonetheless, Many FIs are looking to simplify and secure their onboarding procedures while also enabling customers to stay safe during the pandemic, leading them to seek out innovative technologies to do so. Video-based know your customer (KYC) processes are particularly promising in this regard. About The Tracker .

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How Axis Bank Prevents Identity Fraud With Video-Based Onboarding

PYMNTS

Shetty recently offered PYMNTS insights into the financial crime threats that banks like Axis face on a regular basis and how video authentication and AI can significantly reduce the scope of these hazards. Social Security numbers. Leveraging Video-based Onboarding, AI To Prevent Identity Fraud. Fraud Threats To Digital Banking.

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Verizon Buying Video-Conferencing Firm BlueJeans, Reportedly For About $400M

PYMNTS

Verizon has announced it is set to acquire BlueJeans, a video-conferencing company catering to business customers. The companies said that BlueJeans’ video-conferencing setup “has played a significant part in continuing companies’ operations during the ongoing work-from-home surge.”

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Charles Potts: Agtech’s innovation opportunities

Independent Banker

Innovations like these, applied to the farming industry, can accelerate the lending process for farmers, saving them time and money. The loan officer takes the paperwork to the farmer and reviews it before scanning and submitting the documents via secure email. The demand is evident.

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AURIGA HONOURED WITH PRESTIGIOUS GLOBAL ATM INNOVATION AWARD

Bobsguide

Ground-breaking WWS ATM Acquiring Software Wins ATMIA Peter Kulik Innovation Award. The annual Peter Kulik Innovation Award celebrates innovations in the global ATM industry. WWS ATM Acquiring software also enables much simpler, easier, and faster integration with modern banking service channels like video, mobile and web.

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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.

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