Fintech Finance

NOVEMBER 13, 2024

Where passwords or one-time codes are obsolete, and secure on-device biometrics allow seamless authentication across devices and websites, ensuring personal data stays on the device. Mastercard continues to innovate for the speed of life – delivering solutions and collaboration to fuel breakthroughs that actually break through.

Visa

Fintech Finance

MARCH 24, 2025

With the system now operational, Somali consumers can initiate instant transfers from their mobile or banking app and make QR-based payments seamlessly, by entering the recipient’s details and authenticate transactions securely with a PIN or OTP. Abdirahman M.

Instant Payments

The Payments Association

MARCH 19, 2025

With digital wallets growing in sophistication, consumers and businesses have fundamentally altered how they interact with payments, forcing banks and payment system providers (PSPs) to innovate. Technological advancements, including NFC, QR codes, and biometric authentication, have made digital wallets more user-friendly and secure.

Digital Payments

Finextra

AUGUST 7, 2025

This piece breaks down essential innovations in financial technology that help business owners streamline operations, drawing on practical examples from SME finance apps. These innovations prioritise security and efficiency, making them indispensable for entrepreneurs focused on growth in competitive markets.

Small Business

Fintech Review

NOVEMBER 27, 2024

In many regions, they create jobs, drive innovation, and stimulate local economies. From innovative lending platforms to advanced payment processing, fintech is enabling them to access growth opportunities and thrive in today’s competitive markets. Fintech companies see this gap as an opportunity to innovate.

FinTech

The Payments Association

JUNE 3, 2025

With 44% of UK adults facing financial vulnerability, a national strategy seeks to close the gap through policy, innovation, and education. The move to digital authentication for many companies has been a great step in the right direction, but there are still many aspects of the process that exclude certain demographics.

Financial Inclusion

Fintech Finance

JANUARY 2, 2025

Fraud involving faster payments is a growing challenge that requires vigilance and innovation, said Lee Kyriacou, Chair of the FPC Fraud Work Group. stakeholders to adopt innovative approaches that protect consumers, businesses, and financial institutions. Collaboration and innovation are essential in combating fraud.

Faster Payments

The Payments Association

DECEMBER 9, 2024

It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Enhanced fraud detection extends to biometric authentication, a key element of payment security. Why is it important? What’s next?

Privacy

Fintech News

MAY 8, 2025

These advanced impersonations, which use convincing AI-generated audio and video, trick users into revealing multi-factor authentication (MFA) codes or approving unauthorized authentication requests. India is experiencing a rise in deepfake identity fraud, with cases surging by 550% since 2019. billion) in 2024 alone. Approximately 1.1

Data Breach

Fintech Finance

JUNE 8, 2025

Banks commonly rely instead on outdated authentication methods like PINs, passwords, and repetitive verification steps, for even the simplest transactions. The disconnect between everyday smartphone verification and banking authentication is becoming harder to justify as payment technology and regulation advance.

Online and Mobile Banking

Fintech Finance

NOVEMBER 25, 2024

These innovations will offer consumers more secure and seamless payment options, providing greater flexibility when making online purchases. These transactions are initiated through existing bank authentication processes, including biometric verification, making the payment process both straightforward and efficient. “At

Visa

Fintech News

JULY 31, 2025

While traditional payment systems have historically struggled with inefficiencies such as high costs and slow processing times, addressing these challenges presents tremendous opportunities for innovation, expanding financial inclusion, and making cross-border transactions faster, more secure, and more accessible.

Cross-Border Payments

The Fintech Times

MARCH 7, 2025

To help organisations ensure they are not losing revenue and improving their efficiency, security and trust, The Centre for Financial, Innovation and Technology (CFIT) has published its blueprint for fighting economic crime through its Digital Company ID.

Compliance

Finextra

JUNE 11, 2025

This proved to be a pivotal move in fostering indigenous innovation. Aadhaar Enabled Payment System (AePS) (2014): Leveraged Aadhaar biometric identity for financial inclusion, allowing basic banking services through biometric authentication at agent points. Voice-activated payments are a step in this direction.

Financial Inclusion

Fintech Review

APRIL 20, 2025

Cybertech helps mitigate these risks by securing each layer of the stack from device authentication to back-end systems. It also enables faster, safer innovation. This levels the playing field and supports innovation. Without strong cybersecurity, there can be no growth, no innovation, and no customer loyalty.

Finance

The Fintech Times

NOVEMBER 12, 2024

It aims to build innovative solutions that address existing challenges, all the while helping to drive sustainable growth and development in the region. This presents a significant opportunity to support the founders who are not only driving innovation, but also addressing the unique challenges and opportunities of the region.

Stablecoins

The Payments Association

APRIL 30, 2025

With Tinks secure open banking technology, Paysend customers in selected regions can now authenticate and fund transfers directly through their bank, eliminating the need to manually enter details and bypassing multiple security steps. The result is a smooth, fast and secure payment experience.

Funds Transfer

Fintech Finance

APRIL 10, 2025

With Tink’s secure Open Banking technology, Paysend customers in selected regions can now authenticate and fund transfers directly through their bank without manually entering details or facing multiple security steps. The result is a smooth, fast and secure payment experience.

Funds Transfer

Fintech Finance

MARCH 24, 2025

With the system now operational, Somali consumers can initiate instant transfers from their mobile or banking app and make QR-based payments seamlessly, by entering the recipient’s details and authenticate transactions securely with a PIN or OTP. Abdirahman M.

Instant Payments

Fintech Finance

NOVEMBER 28, 2024

Unlike traditional PINs or passwords, sAxess utilizes fingerprint authentication and other biometrics to ensure that only authorized individuals can access sensitive data. Its self-custody approach reduces the need for intermediaries, offering control and reduced exposure to third-party risks.

Security

Fintech Finance

MARCH 10, 2025

This innovative solution aims to promote the use of digital wallets providing customers with a more secure and seamless payment experience, allowing cardholders to add their Visa contactless cards to digital wallets with a simple tap on their mobile device.

Digital Payments

Finextra

JULY 1, 2025

Traditional authentication methods rely heavily on static passwords and one-time codes, which can be easily compromised. Unlike traditional authentication methods, this approach goes beyond simple device recognition, incorporating sophisticated behavioral analysis. First, it verifies the devices trusted status.

Account Takeovers

The Fintech Times

JULY 11, 2025

G-Knot is preparing to launch a flagship crypto wallet that uses finger vein biometrics for authentication, a move the company says could eliminate the need for recovery phrases and private keys. The post G-Knot Prepares Launch of Biometric Crypto Wallet Backed by Finger Vein Authentication appeared first on The Fintech Times.

Authentication

The Payments Association

JANUARY 21, 2025

With in-depth data covering global market penetration, transaction values, and consumer preferences, the insights presented here will empower decision-makers to refine their strategies, enhance operational efficiency, and capitalise on the growing demand for innovative payment solutions.

Payments Trends

The Payments Association

OCTOBER 28, 2024

Despite the implementation of strong customer authentication (SCA) across the industry, fraudsters have adapted their tactics, often using social engineering methods to trick customers into revealing one-time passcodes (OTPs) required to authenticate transactions.

Scams

Finovate

APRIL 9, 2025

Identity-as-a-Service (IDaaS) innovator Entrust has entered into a new collaboration with leading Philippines-based financial institution Security Bank. To this end, Security Bank is bringing innovation and modernization to both its eKYC process and its overall digital onboarding journey.

Security

Fintech News

JANUARY 26, 2025

This trend is driven by a combination of regional cooperation, corporate innovation, and technological advancements, setting the stage for a more interconnected and efficient financial ecosystem in the region. This trend is fostering innovation and competition in the financial services sector.

Payments Trends

Finovate

JUNE 5, 2025

From AI in the service of greater personalization and sales performance to innovations in voice authentication and fraud prevention, the latest round of interviews on the Finovate Podcast provide fascinating insights into how fintechs are helping financial institutions meet their most demanding challenges. EP 259: Andrew Reese, Solda.ai

Authentication

Fintech Finance

JULY 2, 2025

Enhanced Security : Pay by Bank leverages secure, bank-approved authentication, using biometric authentication to verify transactions. Faster Transactions : Payments are processed in real-time, helping merchants to improve cash flow and reduce payment delays.

Push-to-Card

The Fintech Times

NOVEMBER 6, 2024

As expected, innovations and announcements were rife throughout, here’s a roundup of all the news coming out of the global event. Visa Payment Passkey – Enables consumers to authenticate their identity, and authorise payments, by scanning their biometrics.

Product

The Payments Association

NOVEMBER 28, 2024

The government aims to simultaneously boost the economy and drive innovation in payments, via the National Payments Vision and Strategy, which has been shaped by views and inputs of over 100 financial institutions. It emphasises strong customer authentication and transaction transparency. What are PSD3 and PSR?

Authentication

The Fintech Times

APRIL 10, 2025

For fintech firms navigating complex messaging around regulation, trust, innovation and disruption, LinkedIn offers a unique space to build thought leadership and make the intangible, tangible. Build trust, not just reach For fintech brands looking to build real traction on LinkedIn, authenticity and clarity are key.

Industry Trends

Finextra

JUNE 26, 2025

Understanding PSD2 in simple terms PSD2 drives innovation. It also brings in stronger customer authentication (SCA) to prevent fraud during digital payments. Why PSDS2 is important for banks PSD2 drives innovation. More innovation. PSD2 strengthens customer authentication. You reduce fraud. The result? More trust.

PCI DSS

Clearly Payments

DECEMBER 11, 2024

These methods leverage digital wallets, mobile payments, bank transfers, and other innovative technologies to deliver more flexible options for consumers. Enhanced Security : Many APMs offer built-in security, such as two-factor authentication or biometric verification, providing customers with confidence in the safety of their transactions.

Alternative Payment Methods

Fintech Finance

JULY 9, 2025

” This comprehensive guide is meticulously curated for international businesses, blending deep data analysis with authentic, on-the-ground insights to provide the understanding needed to expand into the world’s fastest-growing economies, especially given their projection to drive 65% of global growth by 2035.

Alternative Payment Methods

The Fintech Times

JUNE 14, 2025

3DS Flex boosts authorisation rates and reduces extra authentication steps while maintaining heightened levels of security. This game-changing innovation will help make transactions more secure and improve the customer experience – while also increasing merchant sales, or authorisation rates.

Mitigation

The Payments Association

DECEMBER 19, 2024

The Payments Association sat down with Trust Payments Group CEO Laurence to gain his insight into why its time for payment providers to think broader, embrace innovation, and help businesses meet the demands of an increasingly dynamic and connected world.

Payments