The Fintech Times

NOVEMBER 28, 2024

Investment platform, interactive investor has improved the way its customers can make payments or deposit funds online as it partners with UK bank, NatWest. 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

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. Its Mobile Deposit solution has been licensed by more than 6,400 financial institutions. Premier” checking account customers.

Mobile Banking 52

Mobile Banking Mobile Deposit Online and Mobile Banking Authentication 52

Fintech News

OCTOBER 22, 2024

In Asia-Pacific (APAC), fraud is becoming an increasingly serious challenge for financial institutions, an issue that has been exacerbated by the rapid adoption of digital transactions and online banking. A year later, Kathmandu-based NIC Asia Bank suffered a major heist, with hackers managing to make about US$4.4

APACS 120

APACS Online and Mobile Banking Fraud Prevention Fraud Detection 120

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. Getting the customers involved includes a bit of friction.

Authentication 78

Authentication Online and Mobile Banking Financial Crimes Mobile Banking 78

Segpay

SEPTEMBER 24, 2024

An answer to our pain has been developing over the past few years through paying with bank payments or transactions. This month we wanted to look at the options available, their benefits, and where you can find these pay by bank options. The Pay by Bank Process So how does pay by bank work?

Accounts 105

Accounts Online and Mobile Banking Payments Authentication 105

The Fintech Times

FEBRUARY 20, 2025

Salad Money , an online loan provider, is rolling out Payit, the open banking payments solution by NatWest , to enable its customers to make loan repayments more easily. By eliminating the need for card details, typically stored by third parties, NatWest minimises the risk of online fraud. No more 16-digit card numbers.

Online and Mobile Banking 59

Online and Mobile Banking Risk Accounts Authentication 59

The Fintech Times

JANUARY 30, 2025

With smartphone theft on the rise across the UK, fintech and mobile security platform, Nuke From Orbit , is launching a nationwide campaign to combat this growing crisis. More people are using mobile phones for their money management, which means convenience and, in some cases, improved financial responsibility. million Android users.

Consumer 59

Consumer Online and Mobile Banking Law Enforcement Crime 59

PYMNTS

DECEMBER 2, 2016

It’s an inescapable trend for banks: Corporate clients want to be able to have the same convenient ways of banking that they already have access to in their consumer lives. Among the tallest is how to make mobile corporate banking services secure. For a $0.99

Online and Mobile Banking 61

Online and Mobile Banking Authentication Compromise On-Demand 61

PYMNTS

JUNE 9, 2020

Mobile banking has been edging out desktop banking for years, but branch closures during the COVID-19 pandemic appear to have given it a significant push. Registrations on mobile banking apps rose 200 percent in April, for example, and mobile traffic on such apps jumped 85 percent for the month.

Online and Mobile Banking 59

Online and Mobile Banking MFA Enrollments SWIFT 59

PYMNTS

JANUARY 30, 2017

APS financial is making changes to its mobile banking services. banking technology firm announced last week that, following feedback from both its SME and consumer clients, APS introduced greater mobile functionality for its suite of online banking solutions.

Online and Mobile Banking 46

Online and Mobile Banking Mobile Banking Authentication Economy 46

PYMNTS

AUGUST 21, 2019

Legacy banks have their work cut out for them if they want to survive another century as key players in the digital banking world. This is driving legacy banks to take a closer look at their own products and strategies, with many rising to the challenge. Around the Digital Banking World.

Online and Mobile Banking 77

Online and Mobile Banking AI Mobile Banking Innovation 77

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. Developments From Around The World Of Digital-First Banking. billion by 2024. billion by 2024.

Blocks 106

Blocks Identity Theft ATM Online and Mobile Banking 106

The Fintech Times

MAY 17, 2024

Tap to Everything There are six billion mobile devices in the world providing consumers with a versatile NFC enabled device primed to be ‘tapped’ At the end of 2023, Visa’s tap-to-pay penetration reached 65 per cent globally, up two times the penetration we saw in 2019, cementing tap as one of the best commerce experiences today.

Product 128

Product Consumer Online and Mobile Banking RTP 128

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

Online and Mobile Banking 61

Online and Mobile Banking Push-to-Card Money Laundering AML 61

PYMNTS

JULY 1, 2019

There is a growing need for stronger authentication methods as the number of attacks continues to climb. Modern customers are much more likely to grow frustrated by lengthy processes and switch to other banks, after all. Biometrics and the Benefits for Security .

AI 75

AI Authentication Online and Mobile Banking Verification 75

PYMNTS

MAY 22, 2019

In banking, the customer journey, of course, begins with the first steps involved in setting up a relationship — offering up names, addresses, Social Security numbers (SSNs) and a wealth of other data to set up accounts. An online customer experience is the key metric that drives new customer acquisition and retention. “We

Fraud Prevention 67

Fraud Prevention Online and Mobile Banking Verification Accounts 67

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

OCTOBER 3, 2019

But what you probably don’t know is that consumers want the type of financial services control that could potentially reduce their risk for fraud and leave them responsible for more authentication tasks, according to fresh PYMNTS research. consumers, so the findings are solid enough to take to the bank, if you will.). Consumer Desires.

Consumer 60

Consumer Online and Mobile Banking Authentication Credit Union 60

PYMNTS

OCTOBER 22, 2018

22) that involves mobile payment services provider Ondot Systems and Citi Ventures. More Mobile Management. In fact, enabling that holistic view is among the top ongoing trends in payments and commerce, including authentication, as shown in a recent PYMNTS story. “As That’s the thinking behind a new deal announced Monday (Oct.

Mobile Payments 69

Mobile Payments Consumer Online and Mobile Banking Payment APIs and Integration 69

Payment Savvy

DECEMBER 2, 2022

Let’s dive into the subtleties of the smoothest payment process and find out everything about NFC mobile payments, including what they are, how they work, and how to use them. What are NFC Mobile Payments? How Do NFC Mobile Payments Work? How to Accept NFC Mobile Payments? Leading NFC Mobile Applications.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

PYMNTS

DECEMBER 29, 2020

The pandemic has led to massive changes for banks, which have had to radically adjust their operations despite generally being deemed essential businesses. One FI navigating pandemic-related challenges is Massachusetts-based Avidia Bank , which was founded in 2007 and currently has $1.9 Online innovations . billion in assets.

Online and Mobile Banking 78

Online and Mobile Banking Credit Union Authentication Mobile Banking 78

PYMNTS

OCTOBER 15, 2018

According to the International Monetary Fund, banks and FIs could lose as much as $100 billion to cybercrime every year. Both solutions provide increased fraud protection to online transactions made via debit or credit cards. Now, banks and merchants are looking to adopt the service’s next generation: 3DS 2.0. Mobile movements.

Security 66

Security Online and Mobile Banking Authentication Transactions 66

The Fintech Times

APRIL 23, 2024

As mobile banking apps continue to accrue a seemingly ever-growing user base, criminals may sense an opportunity to access people’s finances by exploiting weaknesses in some banks’ security, consumer champions Which? They were not able to test banks’ back-end security systems. Security let downs Which?

Addressing 69

Addressing Online and Mobile Banking Security Best Practices 69

FICO

AUGUST 24, 2020

This week’s reveal: prior to March 2020, I had never used the mobile deposit feature of the banking app on my phone. Second, after I figured out how to use mobile deposit the first time, I asked myself, “Why did I ever go to the bank? Mobile deposits are so easy!”. Mobile deposits are so easy!”.

Online and Mobile Banking 52

Online and Mobile Banking Mobile Deposit Funds Availability Contactless Payments 52

PYMNTS

DECEMBER 6, 2016

The speed at which digital banking is being transformed by new technologies is rapidly increasing. Whether that’s on their mobile device on the go or in their kitchen while they make dinner. KW: Innovation in the banking sector is blossoming. Where do you see this going, and how do you see it being adopted by banks?

Innovation 76

Innovation Online and Mobile Banking Zelle Venmo 76

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

MAY 9, 2017

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. What’s more, 90 percent said they think they would use biometrics for online payments in the future because they see it as a more secure method.

Mobile Payments 55

Mobile Payments Online and Mobile Banking Authentication Payments 55

PYMNTS

OCTOBER 12, 2018

The world can be a scary place these days, especially for banks. banks, and these attacks are increasing in both frequency and sophistication. Two-thirds of banks and 83 percent of FIs have experimented with the technology already. The Future Of Omnichannel Bank Security.

Security 76

Security Online and Mobile Banking Phishing Cybersecurity 76

PYMNTS

JANUARY 27, 2021

The pandemic has fast-tracked that digitization, however, as concerns and restrictions have led members to reduce their branch visits and turn to contactless features to carry out their banking activities online. What happens over time is you start to look around and see big banks like Chase, Wells Fargo and Bank of America.

Credit Union 89

Credit Union Online and Mobile Banking Credit Union Service Organization Automation 89

PYMNTS

JUNE 8, 2020

The new coronavirus led many financial institutions (FIs) to close or limit the hours of operation of their brick-and-mortar branches amid stay-at-home orders, in effect making digital platforms the only option for many consumers to interact with their banks. Around The Digital Onboarding World.

Online and Mobile Banking 62

Online and Mobile Banking Mobile Banking Verification Accounts 62

PYMNTS

OCTOBER 23, 2018

Consumers go on a lot of different types of digital journeys in a day — they might shop online, do some banking, move funds between accounts, do some light online browsing. Retailers had to make that changeover quickly, as online players became an increasingly obvious threat to their future. Tapping Into Personalization.

Consumer 74

Consumer Online and Mobile Banking Transactions Push-to-Card 74

The Fintech Times

DECEMBER 21, 2023

Today we hear insights from payments experts, including the adoption of tap-to-pay technology, the role of blockchain and AI in payments, flexible payment terms, security in authentication methods, PSD3 implementation, vertical-specific solutions, and the rise of digital wallets.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

The Fintech Times

JANUARY 9, 2024

” Protecting online and mobile banking platforms Andy Cease, director of product marketing at Entrust Protecting sensitive data and banking platforms could also emerge as one of the most important uses of AI in the industry. This will help consumers to feel more secure in their digital transactions.”

AI 119

AI FinTech Online and Mobile Banking Best Practices 119

PYMNTS

NOVEMBER 24, 2020

South African digital identity firm Entersekt is partnering with African FinTech Cellulant to bring enhanced cybersecurity to mobile banking and digital payments. . 24) that the collaboration with Cellulant will help “drive consumer confidence in digital banking and boost the adoption of digital payments on the continent.”.

Security 58

Security Online and Mobile Banking Mobile Banking NOV 58

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

PYMNTS

JUNE 17, 2019

Open banking is nothing if not a lot of moving parts and complications. In a discussion with Karen Webster, Samuel-Ogbu talked about the role of API aggregation and how incentives can help to ignite open banking, one of the main efforts now taking place in the world of payments and commerce. Bank Threat.

API 78

API Online and Mobile Banking Authentication On-Demand 78

PYMNTS

NOVEMBER 14, 2019

While small businesses often struggle with a lack of integrated digital tools from their traditional financial service providers, the friction in small business banking is often acute even before an SMB opens an account. Power found that small businesses continue to embrace mobile banking, with its 2019 U.S. KYC Complexity.

Online and Mobile Banking 59

Online and Mobile Banking AML Small Business Mobile Banking 59