Stax

JULY 9, 2024

Fraud prevention measures, such as tokenization and multi-factor authentication, add layers of security to verify transactions and protect against unauthorized use of payment credentials. In most cases, mobile banking apps do not have the capability to transfer money between users that don’t share the same bank account.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

The Fintech Times

DECEMBER 21, 2023

Today we hear insights from payments experts, including the adoption of tap-to-pay technology, the role of blockchain and AI in payments, flexible payment terms, security in authentication methods, PSD3 implementation, vertical-specific solutions, and the rise of digital wallets.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

Fintech Finance

FEBRUARY 19, 2025

GenAI can also support fraud detection by flagging unusual transaction activities, predicting user payment preferences and auto-filling details to speed up the checkout process while also generating personalized loyalty programs. Instead, they are redirected to their online/mobile banking platform to confirm the payment transaction.

Online and Mobile Banking 59

Online and Mobile Banking Innovation Security Payments 59

FICO

AUGUST 24, 2020

Second, after I figured out how to use mobile deposit the first time, I asked myself, “Why did I ever go to the bank? Mobile deposits are so easy!”. Mobile banking and payments activity has surged globally since March 2020, driven by factors including temporary bank branch closures and a rise in contactless payments.

Online and Mobile Banking 52

Online and Mobile Banking Mobile Deposit Funds Availability Contactless Payments 52

PYMNTS

OCTOBER 10, 2019

Knowledge-based authentication (KBA) tools, including passwords and security questions, tend to be the primary strategy for verifying identity, and this is true for areas of financial services beyond the consumer world. The same goes for small business users, too.

Small Business 49

Small Business Authentication Online and Mobile Banking Risk Mitigation 49

PYMNTS

DECEMBER 20, 2017

That’s why PNC uses a combination of human security experts and authentication technology — enabled by artificial intelligence (AI) and machine learning — to protect funds and data against hackers. “We We have a combination of things that the bank is doing to help safeguard these new payment types,” Ward said. “We

AI 83

AI Real Time Payments Faster Payments Payments 83

FICO

JULY 31, 2018

The total size of the cyber-enabled threats will come to the fore as PSD2 reporting comes into play across Europe, but early indications from the UK show that cyber-enabled digital fraud is set to overtake plastic fraud by 2020.". These are the pillars of our approach to fraud detection and fraud management.".

Irrevocability 45

Irrevocability Fraud Detection Payments Real Time Payments 45

M2P Fintech

JANUARY 3, 2024

Regulatory Compliance To stay compliant, banks need to adhere to central bank regulations on transaction security, data security, and privacy, among others. Core banking systems must have integrated compliance features that can adapt to evolving standards and regulations for robust security and fraud detection.

Payment APIs and Integration 59

Payment APIs and Integration CRM Online and Mobile Banking Privacy 59

PYMNTS

SEPTEMBER 13, 2018

The number of consumers visiting bank branches is set to decline by 36 percent over the next five years, while mobile banking usage is projected to increase by 121 percent. Consumers turning away from bank branches and toward new connected channels are doing so in search of increased ease and convenience.

Security 44

Security AI Online and Mobile Banking Authentication 44

M2P Fintech

JANUARY 21, 2025

Effective Fraud Detection: By integrating machine learning into advanced fraud detection mechanisms, it effectively identifies and prevents fraudulent activities. AllCloud AllClouds Loan Origination System focuses on delivering speed, accuracy, and scalability for lending businesses.

Origination 52

Origination Payment APIs and Integration Underwriting Automation 52

FICO

APRIL 29, 2022

The New York Times recently ran a home page story on how criminals have concocted elaborate scams – complete with authentic ‘hold’ music – to impersonate bank customer service reps, tricking consumers into sending them money via Zelle. How FICO's Fraud Detection Capabilities Can Help Your Organization Fight Retail Payments Fraud.

Retail Payments 52

Retail Payments Zelle Consumer Romance Scams 52

The Fintech Times

FEBRUARY 19, 2024

Mobile banking and digital wallets empower individuals who may have been excluded from traditional banking systems, enabling them to participate in the formal economy and build financial resilience. Financial inclusion and accessibility The move towards a cashless society also promises to foster financial inclusion.

Financial Inclusion 59

Financial Inclusion Online and Mobile Banking Digital Currency Economy 59

The Fintech Times

MAY 22, 2024

One of the main contributors to the overall fall in payment card fraud losses was a nine per cent fall in remote purchase losses, the fifth consecutive year of declines in this fraud space. “The payments industry needs to continually innovate and invest in systems to help mitigate the threat of fraud.

Scams 59

Scams Finance Push-to-Card Romance Scams 59

Fintech Labs Insights

JULY 16, 2015

BehavioSec’s BehavioMobile offers fraud detection by monitoring device rhythm and interaction patterns that are unique to each end user. Euronovate’s new generation pad offers customers strong authentication. ID Analytics brings patented analytics and real-time behavioral insight to consumer risk management.

Online and Mobile Banking 26

Online and Mobile Banking Payment APIs and Integration Advisors Push-to-Card 26

Fintech Labs Insights

JULY 21, 2016

Digital bank startup. Banking & money management for students. Tags: Consumer, SMB, merchants, security, authentication, Finovate alum. Source: FinDEVr. Latest round: $40 million Series B. Total raised: $52.7 HQ: Berlin, Germany. Source: Crunchbase. Invoice lender to small businsesses. Latest round: $30 million Debt.

FinTech 16

FinTech Underwriting P2P Online and Mobile Banking 16

Fintech Labs Insights

AUGUST 22, 2024

Q2: Provides digital banking solutions, continues strong growth with successful launches of new banking platforms. Spring/West 2020 (Digital): Breach Clarity (acquired by TransUnion): Cybersecurity solutions for financial fraud detection, received critical acclaim for its innovation.

Online and Mobile Banking 15

Online and Mobile Banking Acquirers Payment APIs and Integration AI 15