Remove Best Practices Remove Mobile Banking Remove User Authentication
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Small Business Banking Tests The Digital Identity Waters

PYMNTS

Due to these shortcomings, Hanson told PYMNTS, Nav plans to shift away from the KBA strategy in favor of Experian technology that uses IP addresses and location data to provide real-time user authentication.

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

FICO

million identity theft reports filed in 2021, many of which relate back to banks and lenders. At the same time, mobile banking, payment and money transfer apps are exploding in popularity, as 89% of respondents to a recent Insider Intelligence study use mobile banking, including 97% of Millennials.