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Could A Bank-On-Bank Patent War Be Looming?

PYMNTS

A recently filed federal lawsuit over remote deposit capture technology (RDC) could signal the start of a wider patent-infringement struggle among banks, according to experts. Remote deposit capture stands as only one payment technology that can leave financial institutions vulnerable to patent infringement lawsuits.

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DataVisor and Mitek Team Up to Help Financial Institutions Fight Check Fraud

Finovate

Additionally, the combination of Mitek’s check image analysis and DataVisor’s analysis of check and customer lifecycle data will enable users to detect a wide variety of check fraud tactics including check kiting, remote deposit capture fraud, check washing, counterfeit checks, and identity theft. Today, 99% of U.S.

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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

Dave Wilson, founder and chief architect at DadeSystems , said that legacy remote deposit capture systems only solve the first part of the equation. Michael Orlando, COO, FitPay , said that security across devices is one of the greatest obstacles the IoT will need to solve.

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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

Dave Wilson, Founder and Chief Architect at DadeSystems , says legacy remote deposit capture systems only solve the first part of the equation. Michael Orlando, COO, FitPay , says security across devices is one of the greatest obstacles the IoT will need to solve.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)