American Banker - "App store reviews can be a valuable form of quality control for banks. Most banks take app store ratings with a grain of salt. But patterns among disgruntled reviewers can signal when a new feature isn’t working properly or a...
In The News
Battling ID Fraud With Behavioral Biometrics
July 20, 2020
Bank Info Security - If you are authenticating some physical documents that are being presented to you and then you are benchmarking and analyzing the customer's digital behavior when they are with you in a digital banking transaction,...
National Mortgage News - "Ginnie Mae allowing lenders to use e-notes removes one more barrier to entry that mortgage companies that want to take advantage of this technology face."
Amex’s Accertify adds digital ID risk-scoring
July 17, 2020
PaymentsSource - Fraud losses from identity theft last year rose 72% in 2019 over the prior year.
PaymentsSource - Seventy-seven percent of consumers say they will try a new technology only after their friends try it or after it’s been available for a long time. By letting consumers observe and see the technology in addition to their normal...
PaymentsSource - Local lenders in particular, such as community banks and credit unions, will have a local presence and expertise that can help them interact with small businesses.
American Banker - One of the main culprits for the soaring ID fraud numbers last year was a spike in account takeovers, a high-impact kind of crime that takes fewer victims to add up to big money. Account takeover is really difficult. In 2015,...
PaymentsSource - Online payments, both in-browser and in-app, have higher fraud loss and dispute rates than in-person payments, according to Javelin Strategy & Research, which is monitoring the impacts of a move to digital in a short time...
American Banker - “A lot of these guy [neobanks] are filling in where banks have dropped the ball. Banks haven’t innovated in small-business banking for a long time.” – Ian Benton
How to Shop Online Safely During the Pandemic
June 19, 2020
Consumer Reports - “While we can shop from home, [cybercriminals] can steal from home, too,” says Krista Tedder, Javelin’s director of payments.
