The revised Payments Services Directive (PSD2) is getting shifted out by six months in the U.K., while the rest of Europe has been grappling with the challenges of making online purchases more secure. Get the Full Story Complete the form to unlock this article and...
The first biometrics authentication solution for online transactions in the United Arab Emirates (UAE) is being introduced by Abu Dhabi Islamic Bank (ADIB) in collaboration with Visa, according to a Tuesday (June 8) press release. Get the Full Story Complete the form to unlock this...
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Traditional loan metrics often leave out individuals with low credit scores who are otherwise financially sound, but behavioral analytics can give lenders a better idea of whether they are truly capable of making good on their payments. In the Monetizing Digital Intent Tracker, OppFi CEO...
Consumers understand that identity needs to be verified as part of any interaction with a financial system, whether due to regulatory compliance, business needs or part of the ongoing battle against fraudsters. But as Yossi Zekri, CEO of Acuant, told Karen Webster: “Consumers should be...
Fraud hit record highs over the past year amid unprecedented digital engagement, with each online interaction giving bad actors an opportunity to impersonate legitimate customers and access their personal funds or valuable data. The Federal Trade Commission (FTC) received more than 2.2 million reports of...
With news out this past week that the U.K.’s Financial Conduct Authority (FCA) has issued its second delay of PSD2’s implementation in six months — this time until March 2022 — fresh calls are being made for interoperability and standards to ensure that the swift...
Machine learning (ML) can help digital banks do much of the heavy lifting during customer onboarding — especially if applicants have common names. In the Digital Onboarding Tracker, OakNorth's Sean Hunter explains how ML-based systems can help banks cross-reference legitimate applicants’ data to avoid confusing...
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