Remove Authentication Remove Online and Mobile Banking Remove User Authentication
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Samsung SDS Partners On Mobile Payments Solution

PYMNTS

Infosys Finacle, part of EdgeVerve Systems, and Samsung SDS, a subsidiary of Samsung Electronics, announced a new partnership aimed at providing consumers with a frictionless mobile banking/payment solution. Customers are becoming far more accustomed to accessing and spending their money via mobile.

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Amex Acquires InAuth

PYMNTS

InAuth provides mobile device authentication and intelligence solutions for financial institutions, banks, payment networks and merchants — and its reason for being is to figure out fraud at the device level, before the transaction ever gets off the ground. The changing commerce landscape. ”

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Finance Policy Predictions 2020: AML, Authentication, Collections & CRA

FICO

banking industry in the 2020. . The laws and rules governing anti-money laundering and combating the financing of terrorism compliance have not been substantively updated since the Bank Secrecy Act was adopted in 1970. However, the current rules do not address changes in the industry like the advent of mobile banking.

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Small Business Banking Tests The Digital Identity Waters

PYMNTS

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.

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The Role of Liveness Detection in Banking Security

Fi911

In an age of rapid tech advancements, the banking industry faces fresh security risks. Understanding Liveness Detection Liveness detection is pivotal in biometric authentication systems. This adds a crucial security layer, ensuring the authentication process interacts with a genuine source. How Does Liveness Detection Work?

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Canadians Have Polarizing Views on Evolving Payment Innovations With Security Concerns Being Top-of-Mind, Reveals New Payments Canada Study

Fintech Finance

This concern surrounds current and potential innovations like generative artificial intelligence (GenAI), social commerce and pay-by-bank reveals a new study from Payments Canada. Overall, 29 per cent of Canadians find pay-by-bank appealing, 33 per cent do not find it appealing and 38 per cent are neutral.

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Top 5 Surprises from FICO’s Fraud and Digital Banking Survey

FICO

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Financial Institutions, such as banks, have expended great effort to improve digital security, yet bad actors are multiplying and attacks have increased in scope and frequency. million identity theft reports filed in 2021, many of which relate back to banks and lenders.