PYMNTS

MARCH 28, 2017

While it may still seem like something that was once reserved for science fiction, today consumers are increasingly interacting with biometric technology without giving it a second thought. . Meanwhile, iris-based identity management technology solution providers IriTech, Inc.,

Report 100

Report Knowledge Base Security Technology 100

Perficient

NOVEMBER 19, 2020

Many banks continue to use knowledge-based authentication and out-of-wallet questions, which have challenges when customers have recently moved. What information is easily obtainable via social media, making it less useful for KYC and security purposes? How integrated are marketing and digital?

social media 309

social media Customer Experience Knowledge Base Mobile 309

PYMNTS

JULY 10, 2019

With the digital identity market expected to reach $15 billion by 2024, major ID providers such as Google and Apple are racing to improve the identity verification experience. Switzerland’s Jura Hospital is currently testing a 3D finger vein scanner to more effectively secure patient data. Find the feature story in the Tracker.

Apple 158

Apple social media Knowledge Base Mobile 158

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. You need layers of security,” he noted. As Plesco pointed out, criminals have managed to steal credit bureau data, giving fraudsters an in when it comes to such theft. The antidote?

Fraud 133

Fraud Payments Security Cyber Security 133

PYMNTS

JANUARY 24, 2018

Despite major advancements in technology, however, the notarization process continues to be slow and outdated. In a recent interview with PYMNTS, Mayer explained that many in the industry are interested in seeing the technology take off, but there are legal and other challenges that can get in the way. Securing the Signatures.

Knowledge Base 121

Knowledge Base Virginia Security Technology 121

PYMNTS

SEPTEMBER 19, 2019

FIs are thus turning to a host of technologies to protect customers from account opening and other mobile channel fraud forms. This is where AI and ML technologies can come in handy. These technologies still have a few hurdles to overcome, though. FIs in certain markets, such as the European Union and U.K. ,

Fraud 144

Fraud Data Mobile Tools 144

NCR

DECEMBER 15, 2017

Biometric technologies hold huge potential for the retail banking industry. 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. Growth in biometrics.

Fraud 96

Fraud Security Knowledge Base Analysis 96

PYMNTS

FEBRUARY 12, 2019

The ideal — the goal of ongoing work across much of the digital payments and commerce industries — is to join two related, but distinct, tasks in the hopes of bringing more security and convenience to financial and retail transactions. According to Pointner, that would be facial recognition technology. The Hot Thing. Legacy Roadblocks.

St. Louis 144

St. Louis Mississippi User Experience Knowledge Base 144

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. A large number of banks and online sites still rely on knowledge-based authentication. We also keep a close eye on emerging cyber threats and data breaches. Guess what?

Innovation 140

Innovation Knowledge Base Online Mobile 140

PYMNTS

MARCH 14, 2017

Sarah Clark, GM of identity at Mitek , joined Karen Webster to discuss what process and technology can do to help meet AML requirements to truly authenticate who people are. But technology is helping to take the risk associated with the human element out of these financial interactions. “I In the U.S.

Meeting 111

Meeting Fraud Knowledge Base User Experience 111

PYMNTS

OCTOBER 19, 2018

Bill Nelson, CEO of the Financial Services Information Sharing and Analysis Center (FS-ISAC), told PYMNTS that these rumors are likely the result of an overzealous watchdog, or security vendors that are hoping to create a market for their offerings. That said, financial institutions (FIs) aren’t out of the woods yet. Sharing smarts.

Fraud 100

Fraud Knowledge Base System Tools 100

PYMNTS

SEPTEMBER 6, 2018

The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. IdentityMind has come to market with two offerings: the KYC and ICO plugins. Compliance and risk?

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

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.

Mobile 109

Mobile Payments eBook User Experience 109

PYMNTS

MARCH 4, 2020

Its new business model doesn’t charge upfront, but gets a 20 percent commission if it is successful in securing a settlement. There is technology involved as well. Another purpose for the seed funding is marketing. We have a large knowledge base that traces the consumer journey. Most cases take four to eight weeks.

New York 131

New York New York City System Knowledge Base 131

PYMNTS

APRIL 14, 2016

Earlier this year, American Express and CFO Research released findings from its latest Global Business and Spending Monitor to gauge where Canadian financial executives position themselves in the current market climate. Why CFOs may remain hesitant in the 2016 global economy, however, varies depending on geographical market.

Regional 100

Regional Survey Report Marketing 100

PYMNTS

MAY 15, 2018

Like the dog in the cartoon, fraudsters use the same technologies as regular people when moving about in the virtual sphere. The Pros and Cons of Standard Security Choices. Plus, data breaches have left a lot of those security responses exposed. But since IDs can be stolen, additional layers of security may be necessary.

Fraud 129

Fraud Training Security Compliance 129

FICO

JULY 15, 2020

Customer centricity refers to the reengineering of people, processes, and technology, encircling the customer at the center. How digital transformation helps: Centralized Decisioning an ideal solution for helping the customer feel valued and appreciated… e.g. “partnered with,” not “marketed to.” It’s the thought that counts.

How To 52

How To Study Analytics Knowledge Base 52

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

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Nevertheless, understanding the technology is crucial. Even if a financial institution isn’t yet using the technology, it can learn from peers.

Examples 195

Examples Fraud Resources Risk Management 195

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

PYMNTS

AUGUST 21, 2018

How, then, to build a “chain of trust” — one that endures, aided by technology, and one that helps financial institutions (FIs) ensure that the people on the end of the transactions are who they claim to be? This is the number of consumer records exposed on the black market, a tally from the past year. Data Point One: 1.4

Data 105

Data Knowledge Base Security Cards 105

CB Insights

MAY 10, 2018

The early consultants changed that by using market research and data analysis combined with niche expertise to help companies manage their supply chains, improve their product positioning, and enter new markets to beat their competitors. The four functions of consulting. ” —Michael Porter.

Strategy 78

Strategy Management Analytics Tools 78

PYMNTS

SEPTEMBER 19, 2016

The media has declared chatbots the digital version of the little black dress: a technology staple that every brand must now have and every payment type must now commerce-enable. The nine or 10 years that smartphones and apps have existed is a digital lifetime in developed markets like the U.S. and the U.K., Then, there’s Alexa.

Payments 100

Payments Mobile Apple Google 100

CB Insights

MARCH 6, 2019

Bitmain Technologies. Company Description : Beijing-based Bitmain Technologies produces bitcoin mining servers and other computing components. Alibaba Group reduced its stake in Easyhome from 15% to 5% in early 2019 as the Chinese furniture market faces a challenging near-term market. YITU Technology.

Company 72

Company Capital Groups Big Data 72

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