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Facebook’s Libra And The Future Of Digital Identity

PYMNTS

Their presence is felt in every corner of digital life: utilizing these providers to log in to third-party websites has become ubiquitous, along with the ability to pay for goods and services via the developers’ proprietary payment methods. Facebook’s Libra Raises Concerns Among Privacy And Security Advocates.

Apple 158
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How Friendly Friction Builds Better Banking Experiences

PYMNTS

According to a recent study by Citibank , 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for most frequented mobile destinations. It might mean incorporating innovative payment experiences like Zelle directly into their mobile offerings.

Mobile 169
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Banking on a Winner: Fostering innovation to compete in today’s financial environment

ZootBlog

Banks need to decide if they can be nimble enough to compete on their own or if they should develop technology partnerships. There are now more than 8,000 financial technology companies in the United States with the potential to shake up traditional financial institutions. Fintech Houses. Alternative Lenders.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

Credit cards offer rewards but over 60% of payments are made on debit cards. 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. Adds in Social security.

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Identify Proofing’s Break With Fraud’s Tradition

PYMNTS

Put another way, and to paraphrase a hockey great: When it comes to identity verification and the technology that comes with it, FIs need to skate where the technology is headed, not where it has been. You are in the technology business, and you, more than anybody else, should understand that evolution is constant,” Barnhardt said.

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Confirming Identity, An Art And Science

PYMNTS

The reason Yahoo was targeted, said Geiman, was because bad guys wanted to get the answer to knowledge-based questions. If you are not a technology person and you are running a large company,” he said, “it is an unknown thing to you. Payments remains an ecosystem that demands multiple systems in place to guard against fraud.

Data 101