PYMNTS

MARCH 27, 2020

So it is with the science of authentication, where consumers see happy new horizons of user-defined control among digital and mobile banking apps. Respondents say they go off-course too easily inside many banking apps – and during important tasks like opening accounts. Digital and Mobile App Banking Drivers.

Authentication 76

Authentication Mobile Banking Checks Consumer 76

Payments Dive

MARCH 7, 2016

The company says it is the first solutions provider to introduce fingerprint authentication for mobile banking apps on the Android platform.

Mobile Banking 74

Mobile Banking Authentication 74

PYMNTS

NOVEMBER 17, 2020

The great digital shift has created a host of problems for banks — 1 trillion problems to be exact. As reported by PYMNTS, more than half of all bank customers in the U.S. representing 118 million individuals — use mobile banking apps. Deputizing The Consumer. Indeed, PYMNTS’ own research has found that 24.7

Authentication 78

Authentication Online and Mobile Banking Financial Crimes Mobile Banking 78

Payments Source

JANUARY 23, 2018

Mastercard plans to deploy its biometric authentication option for European consumers to use through their smartphones when shopping online or conducting mobile banking.

Authentication 68

Authentication Visa Mobile Banking Consumer 68

PYMNTS

NOVEMBER 8, 2016

7) it launched its Touch ID Sensor authentication service in Hong Kong. In a press release , Citibank said the service provides a full suite of mobile banking services to customers via its Citi Mobile App for the iOS platform. Citibank announced Monday (Nov.

Authentication 62

Authentication Mobile Banking NOV Credit Cards 62

The Fintech Times

APRIL 10, 2025

This means that Utilita customers can link their bank account and experience one-click payments – without the friction caused by the need for card numbers or One Time Passcodes (OTPs). Adopting Pay by Bank Payit by NatWest boasts instant availability of funds, an essential feature for businesses managing cash flow.

Accounts 59

Accounts Online and Mobile Banking Mobile Banking Risk 59

PYMNTS

NOVEMBER 14, 2019

New research conducted by PYMNTS, however, reveals that banks and other financial institutions (FIs) appear to be lagging in terms of meeting these expectations. Specifically, banks are failing to enab le the authentication controls that consumers want in their mobile banking apps. In fact, 80.8

Authentication 40

Authentication Mobile Banking Consumer Checks 40

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 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

PYMNTS

SEPTEMBER 8, 2020

Mitek , which provides software and authentication services, said it has upped its game with its release of Mobile Deposit 4.8, a mobile banking app. Authentication and fraud prevention have become especially important in a time when the world is using the internet for many daily needs due to the pandemic.

Mobile Banking 52

Mobile Banking Mobile Deposit Online and Mobile Banking Authentication 52

Payments Source

FEBRUARY 12, 2019

The quest to implement a broadly accepted digital ID solution may take years, but Jumio is hoping to get headway with a new authentication service leveraging video selfies.

Authentication 67

Authentication Verification Mobile Banking Mobile Payments 67

PYMNTS

SEPTEMBER 13, 2019

percent saying they believe the security of transactions being made via mobile banking apps would be stronger if they had greater control over those apps’ authentication requirements. Despite widespread demand for greater mobile banking authentication controls, only 39.9 Similarly, 54.1 percent saying so.

Consumer 66

Consumer Authentication Mobile Banking On-Demand 66

PYMNTS

AUGUST 9, 2017

Bank of America is reportedly launching a pilot of Samsung Electronics technology that will enable customers to access the mobile banking app via a photo of their eye. At some point, passwords will be a thing of the past, and we need to take friction out of the authentication and verification process,” Moore said in the report.

Authentication 47

Authentication Mobile Banking Verification Security 47

FICO

JULY 27, 2020

As consumers, most of us still consider facial recognition the current state of the art for authentication. Here’s why it matters: Authentication is used for a lot more than unlocking your phone. To better protect these transactions from fraud, new biometric measures can now authenticate that it’s really you who’s using your phone.

Authentication 52

Authentication Online and Mobile Banking Non-Bank Enrollments 52

PYMNTS

JUNE 7, 2019

.” The solution is designed for sole traders, gig workers, freelancers, contractors and entrepreneurs, the company said, and connects professionals with Mastercard business cards, Voice ID login authentication, Direct Debit management, cash flow management and push notifications.

Mobile Banking 53

Mobile Banking Small Business Push-to-Card Underserved 53

The Fintech Times

NOVEMBER 28, 2024

interactive investor users can link their bank account and enjoy one-click digital payments into their ISA, GIA or SIPP with reduced friction caused by the need for a card and one-time passcodes. The option is available to all ii customers with a bank account with access to online banking or a mobile banking app.

Online and Mobile Banking 69

Online and Mobile Banking Accounts Authentication Risk 69

Payments Source

NOVEMBER 7, 2016

Citibank has launched Touch ID sensor authentication for its iOS mobile banking users in Hong Kong.

Authentication 83

Authentication Mobile Banking Verification Technology 83

PYMNTS

FEBRUARY 18, 2020

It can also help financial institutions (FIs) assess data from multiple channels, create seamless connections and enable them to make complex authentication decisions and detect fraud in real time. It also reported that more than 25 North American banks saw digital sales representing approximately 10 percent of all their product sales.

Authentication 52

Authentication Identity Theft Multifactor Authentication Fraud Prevention 52

PYMNTS

JULY 10, 2020

FIs can adopt more robust login approaches to make it less likely that bad actors can obtain the necessary information to pass authentication checks. FIs can mitigate this risk by having customers answer certain questions after providing passwords, for example, or asking that they undergo facial- or fingerprint-based biometric authentication.

Multifactor Authentication 53

Multifactor Authentication Authentication Credit Union Fraud Prevention 53

PYMNTS

JANUARY 22, 2020

FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release. The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks.

Payment Security 85

Payment Security Security Authentication Online and Mobile Banking 85

PYMNTS

JUNE 20, 2018

And in an eCommerce world, something we might talk about, the move to a single pay button and better, faster and more frictionless authentication technologies like 3-D Secure.”. And, even in the digital age, Erdoes said that customers might want to visit a physical branch for advice.

Mobile Banking 60

Mobile Banking Innovation G2C Payments 60

Stax

JULY 9, 2024

Fraud prevention measures, such as tokenization and multi-factor authentication, add layers of security to verify transactions and protect against unauthorized use of payment credentials. In most cases, mobile banking apps do not have the capability to transfer money between users that don’t share the same bank account.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

MARCH 10, 2020

Digital identity solutions are becoming more and more commonplace, especially as consumers grow increasingly aware of the weaknesses of authentication methods like passwords. NatWest Launches Card-Mounted Fingerprint Readers For Contactless Authentication.

Contactless Payments 109

Contactless Payments Authentication Law Enforcement Cross-Border 109

The Fintech Times

FEBRUARY 20, 2025

Through Payit by NatWest, Salad Money customer can now link their bank account to access one-click digital loan payments with less friction – thanks to a reduced need for a card and one-time passcodes. The option is available to all Salad Money customers with a bank account with access to online banking or a mobile banking app.

Online and Mobile Banking 59

Online and Mobile Banking Risk Accounts Authentication 59

Finextra

MARCH 27, 2024

HID, a worldwide leader in trusted identity solutions, in partnership with Temenos, a global provider of banking software solutions, announces the successful collaboration with Santander International to provide robust and flexible customer authentication for its digital banking platform.

Mobile Banking 52

Mobile Banking Security Authentication 52

PYMNTS

MARCH 7, 2016

New details from ESET researchers, a Slovakia-based company, suggests that there is a new strain of Android malware that has the ability to compromise mobile banking users’ login credentials. The research group even believes the hackers can use the malware to gain access to text messages from the device.

Mobile Banking 43

Mobile Banking Credential Compromise Research 43

The Paypers

FEBRUARY 4, 2019

(The Paypers) Sohar International has integrated biometric authentication into its mobile banking services, facilitating account access via fingerprints or facial recognition.

Mobile Banking 28

Mobile Banking Authentication Facilitators Accounts 28

The Fintech Times

FEBRUARY 20, 2025

Real-time Pay by Bank delivers substantial benefits over traditional payment methods, eliminating intermediaries to reduce processing costs and increase cash flow. Without manual entry of sensitive data, users authenticate payments directly from their mobile banking app for a fast, convenient and secure payment experience.

User Authentication 59

User Authentication B2C Embedded Payments Processing Costs 59

The Paypers

NOVEMBER 20, 2017

(The Paypers) Nations Trust Bank of Sri Lanka has launched the mobile banking app FriMi with the help of Daon ’s IdentityX platform features for biometric authentication.

Mobile Banking 28

Mobile Banking Authentication 28

The Paypers

NOVEMBER 6, 2017

(The Paypers) The Commonwealth Bank of Australia (CBA) has updated its mobile banking app to support a facial authentication feature integrated in Apple’s new iPhone X.

Mobile Banking 28

Mobile Banking Authentication 28

The Fintech Times

JANUARY 30, 2025

The challenge UK neobanks have recently surpassed traditional banks in app downloads , with 71.78 One in five victims face unauthorised access to their mobile banking apps, while one in four experience digital wallet theft. million Android users.

Consumer 59

Consumer Online and Mobile Banking Law Enforcement Crime 59

Fintech Finance

JULY 25, 2024

Snowdrop Solutions , a leading provider of advanced transaction data enrichment solutions, today announced a partnership with Kroo , a prominent award-winning digital bank renowned for its innovative approach to financial services. Users can now easily see where they spend their money thanks to transaction location powered by Google Maps.

API 98

API Transactions Mobile Banking Finance 98

PYMNTS

AUGUST 21, 2020

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. billion by 2024. About The Tracker.

Blocks 106

Blocks Identity Theft ATM Online and Mobile Banking 106

FICO

JANUARY 13, 2020

However, the current rules do not address changes in the industry like the advent of mobile banking. Identity proofing and authentication will be an emerging focus area in 2020. As banking has moved online, identity proofing and user authentication become more of a necessity.

AML 52

AML Authentication Finance OCC 52

PYMNTS

JULY 1, 2019

There is a growing need for stronger authentication methods as the number of attacks continues to climb. As such, FIs must seek more innovative authentication procedures that take less time and draw less ire than weak password and PIN systems. Biometrics and the Benefits for Security .

AI 75

AI Authentication Online and Mobile Banking Verification 75

The Paypers

SEPTEMBER 23, 2016

(The Paypers) Sensory and Samsung SDS have announced a global partnership that will provide customers face and voice authentication for mobile banking and enterprise authentication services.

Authentication 34

Authentication Mobile Banking 34

PYMNTS

OCTOBER 30, 2018

Translating that trust advantage into mobile market share, however, is another matter entirely, as was discussed in a recent PYMNTS interview with Gerhard Oosthuizen, chief technology officer for Entersekt , a South Africa-based FinTech firm that focuses on mobile authentication and app security software.

Mobile Banking 73

Mobile Banking Authentication Security Fraud Prevention 73

The Paypers

SEPTEMBER 23, 2016

(The Paypers) Sensory and Samsung SDS have announced a global partnership that will provide customers face and voice authentication for mobile banking and enterprise authentication services.

Authentication 34

Authentication Mobile Banking 34