Consumers’ banking and payment preferences have swiftly become digital-first, with mobile apps and eCommerce channels quickly replacing in-person branches or retail stores for many customers. These newfound preferences for online solutions also means more and more consumers are willing to experiment with emerging, alternative payment...
FIs with insufficient digital identity protocols risk being hit with a one-two punch from debilitating money laundering schemes as well as stiff government agency penalties that go with them. In the Digital Identity Tracker, OneAZ Credit Union’s Margaret Chamberlain explains how analytics-based authentication and document...
Digital identities are becoming more prevalent as awareness of their security and convenience grows, and they are expanding into new use cases like anti-money laundering (AML). This crime has ballooned in recent years as eCommerce and other digital transactions have become more popular, offering launderers...
The digital gaming industry was valued at $300 billion globally last April, with more than 500 million new players logging on over three years. Game publishers and developers now realize that they have key opportunities to capture the lasting loyalty of millions of new customers....
On Monday, March 14, new strong customer authentication (SCA) rules will apply in the U.K. and merchants that didn’t implement these new rules risk customer purchases being declined. SCA is a new set of rules that the Financial Conduct Authority adopted in 2019 to...
A satisfying videogaming experience hinges on simple, seamless gameplay, meaning even one clunky microtransaction can prompt consumers to abandon a platform. In the Digital Identity Tracker, Unity's’ Felix Thé explains how using biometrics to enable smoother identification and payment tools such as digital wallets can...
The online gaming industry has experienced rapid growth following increased indoor activities for many consumers during the global health crisis, with growth expected to continue during the next few years. One recent study found 400 million more consumers are expected to try their hand at...
Think fast: How many passwords and usernames do you actively use? Simple answer: There’s no good answer. Either it’s so few you’re an easy fraud target, or so many you can’t remember. As digital commerce ballooned during the pandemic, more people were confronted with legacy...
One of the most important parts of doing business with a new customer is verifying that that customer is who he or she claims to be and that he or she represents the company it claims to represent. While there are myriad ways to do...
