Plaid now enables consumers to verify their identity across all Plaid-powered apps and services. The open banking platform has modified its Identity Verification product so that previously verified...
Bank impersonation is the most-reported form of text message scam. This form of scam — which begins with a text message that is a fake...
Nearly all banks view FinTech partnerships as important, but the partnership dynamics will be put to the test as new open banking regulations go into...
Fraud’s cost goes far beyond the actual amount stolen, with a recent study finding that every dollar lost to fraud costs FIs about $4.36 in...
Six in 10 banks plan to increase their IT spending on fraud management in 2023, including cutting-edge solutions to help with push payments fraud. But...
Financial fraud is growing faster and more sophisticated, making smart defense crucial for today’s organizations. Still, as the world grows ever more digital, so too...
A substantial number of Americans can expect to experience digital fraud at least once in their lifetime. A recent study found that bad actors have...
The death of FinTechs — and of FinTech funding — has been greatly exaggerated. Yes, venture capital funding in the space is slowing. And depending on...
When consumers think about how secure their bank accounts are, that can trigger a powerful emotional response to what is ultimately a matter of bank-grade...