Banks have been facing a concerning rise in account takeover (ATO) attacks targeting their customers, with financial institutions (FIs) losses due to such schemes rising...
Customer onboarding and account opening is vitally important for banks to get right, as the processes kick off customers’ relationships with a given financial institution...
Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick,...
More than 10,000 financial institutions (FIs) are currently participating in open banking initiatives worldwide. But as it turns out, approximately 49 percent of banking customers...
Digital banking has become the new normal as social distancing guidelines and stay-at-home orders have drastically curbed financial institutions’ (FIs’) abilities to conduct in-branch services....
AML/KYC conventions that rely on paper documents and face-to-face meetings in offices are so last year. In fact, their time may have passed, it seems,...
The COVID-19 pandemic has upended the way businesses and government agencies verify their customers’, clients’ and citizens’ identities. Social distancing restrictions implemented to curb the...
To say that voice technology is having its moment in the global pandemic’s aftermath isn’t quite accurate. The sector has actually been having its moment...
House hunters have been able to virtually tour prospective properties for years, but ID verification mandates in different states still often required in-person real estate...