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Fiserv Rolls Out Enhanced Consumer Authentication Solutions

PYMNTS

22) that it has rolled out two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centers. In a press release , Fiserv said the two new solutions expand beyond knowledge-based consumer authentication that can be vulnerable to fraud.

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How Banks Can Overcome 10 Challenges with FedNow Payment Sending and Acceptance

Finovate

Of the FedNow participants, 78% are community banks and credit unions. There are a handful of reasons why firms might be hesitant to participate in FedNow. Additionally, banks may be holding back because of the fees that come with participating in FedNow. per RFP message, charged to the requestor.

FedNow 59
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Using Online, Social Data To Make ‘Thin Files’ Thick

PYMNTS

Step One: Correlate a consumer’s participation in various types of social networks (traditional, blog-based and professional) and their associated fraud risk. percent when a consumer participates in all three types. Socure found that while an individual who belongs to no social networks brings a fraud risk of 22.9

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Deutsche Bank Acknowledges Complexity, Confusion In PSD2 Implementation

PYMNTS

Among them are the Regulatory Technical Standards (RTS) on Strong Consumer Authentication (SCA) and Common and Secure Communication (CSC), which will not see an implementation date until the first half of 2019 at the earliest. We rest on the cusp of a payments revolution,” the executive said.

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Survey: Do Customers Think Banks Are Fair to Scam Victims?

FICO

Logic and best practices suggest the more a bank can communicate the dangers of scams and how to avoid them, the less likely customers will be to fall for scams in which they otherwise participate willfully, if unwittingly. Debbie has 25 years product management and product marketing experience in fraud management and financial services.

Scams 52
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Looking Beyond The Selfie For ID Verification

PYMNTS

million in a Series B financing round led by Commerce Ventures, with participation from other financial backers. Version 3.0 The announcement comes just weeks after Socure said it had closed $13.9

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How To Build A Global Digital Identity Network

PYMNTS

The round was led by Goldman Sachs Growth Equity, with participation from Citi Ventures, Santander InnoVentures and existing investor American Express Ventures. To that end, the global identity verification firm Trulioo said on Tuesday (Sept. 17) that it has raised C$70 million in new funding to scale into its next growth phase.