In a boon for small business (SMB) banking, Redwood Bank has teamed up with Insignis Cash Solutions to offer savings accounts to Insignis’ SMBs through the Insignis Cash Platform, according to a press release. As of mid-February, clients of Insignis can put funds into a Redwood...
Rising Know Your Customer and other risk mitigation regulations have the financial services world eyeing digital identity technology. Already seeping into the consumer services world, digital identity technology is expected to hit a $12.8 billion valuation by 2024, according to the latest PYMNTS Digital Identity...
Verifying the identity of a business quickly — and accurately — is critical when performing credit checks on SMBs. Yet, commonly used knowledge-based authentication (KBA) questions come with drawbacks. In this month's Digital Identity Tracker, PYMNTS talks with Caton Hanson, co-founder and chief legal officer...
As digital identities fast become a part of everyday life, the identity verification market is expected to reach $12.8 billion by 2024. Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59...
November 15, 2017
Skate to where the payments fraud puck is going – not where it’s been. We’re mixing metaphors here, but the tried and true traditional methods of battling the bad guys need refreshing. David Barnhardt, EVP of product at GIACT explains why it’s long past time to break with identity proofing’s traditional roots.
