As much as consumers love the convenience of connected online banking experiences, nearly 8 in 10 digital banking customers are unaware that FinTech apps can sell the information they share to other parties. In the Authenticated Payments Report, PNC Bank’s Natalie Talpas explains why banks...
Have you heard the one about a guy who’s tired of buying clothes that don’t fit and a physiologist studying injuries in Australian rules football who started brainstorming over a bottle of good wine? OK, maybe not. But it’s how Advanced Human Imaging (AHI) —...
Consumers have become enamored of digital banking’s conveniences, especially as the technologies underpinning them make it easier than ever to share data and receive personalized insights into spending or new products. Open banking initiatives using application programming interfaces (APIs) to enable these connections have sprung...
Both tech giants and governments have been debuting new rules that could throw off the flow of user data that is used by companies for targeting with online ads, The Wall Street Journal (WSJ) reported Thursday (Dec. 2). Apple, for example, has changed things on...
Facebook says its highest-risk users will soon need to start protecting their accounts with two-factor authentication (2FA). According to several published reports on Thursday (Dec. 2), this change will — for now — apply to “high-risk” accounts: journalists, politicians, activists and others who are part...
No surprise here: The spike in online traffic through the past 18 months since the pandemic hit us all hard has also given rise to an upswing in fraudulent activity. To get a sense of size and scope, consider the fact that last year alone...
The pandemic set off a ripple effect of economic uncertainty that reached virtually every region of the world. Amid COVID-19 restrictions and the operational limitations it created, businesses were forced to reassess their functioning strategies and adapt to a rapidly evolving digital landscape. While digital...
We may all be using them to unlock our smartphones and track our fitness, but when it comes to using biometrics to create secure, seamless customer payment experiences, we have long way to go. And although we won’t get there anytime soon, at least we’re...
Password-based authentication continues to weaken online fraud defense strategies, and FinTechs are vulnerable. In the Monetizing Digital Intent Tracker, Kunal Kaul, chief risk and strategy officer at digital financial services company Tala, explains how behavioral analytics beats passwords when it comes to onboarding and authenticating...