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News and resources on devops, tools, platforms and APIs for developers and tech leaders in banks and fintechs worldwide.

NextGen Nordics 2024: Can behavioural biometrics fix fraud?

Moderating her second panel of the day - Fraud prevention and AML: the need for behavioural biometrics in this instant age - Finextra’s senior reporter Niamh Curran spoke to Megan Heald, senior project manager at NICE Actimize, John Sam-Kubam, senior vice president at Crown Agents Bank, Beju Shah, head of Nordic centre at the Bank of International Settlements, and Robert Woods, director international market planning and financial services SME at LexisNexis® Risk Solutions.

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Sehrish Alikhan

What are eSIMs and what can they do?

Sehrish Alikhan - Reporter, Finextra
Discussion
How Pay by Bank can supercharge in-store customer experience
Ketharaman Swaminathan

Ketharaman Swaminathan

  Why would a consumer with above room temperature IQ switch to FPS / A2A RTP and forfeit rewards, deferred payment and other benefits offered by credit card? Most of your consumer-side benefits of A2A are contrived e.g. (1) Tap and Go of Contactless Credit Card is way more frictionless and faster than entering password to open screenlock, start A2A app, scan QR, enter PIN, etc. (2) Consumers swipe / dip / tap a credit card instore - they don't enter card details instore. Your  statement "bypassing the need to enter card details" is completely wrong for instore payments. Now, ignoring for the moment that the title of your post says "instore" and taking online payments: Through a combination of Visa Direct, Card on File Tokenization, etc., I have not entered my full credit card details for a vast majority of online credit card payments in over three years, so your statement is wrong for most online payments as well.   I could go on and on but Pay By Bank payment methods have continued to flop in advanced markets because its PSPs have never answered the question "What's in it for consumers" satisfactorily. Answers like yours only insult their intelligence and further estrange them from A2A RTP. 
Monzo mafia form startup to make coders extinct
Ketharaman Swaminathan

Ketharaman Swaminathan

  10 years is probably too long. There's already ample evidence that "software can be made by people with no technical background, collaborating with an AI." That includes me: Will ChatGPT Kill Coders?. 
Microsoft launches AI-powered Copilot for Finance
Ketharaman Swaminathan

Ketharaman Swaminathan

  To ride the Internet / Web / Ebusiness wave, our ERP company launched a series of addon products like Web / Customer, Web / Supplier, Web / Employee, etc.  AI CoPilot for Sales, AI CoPilot for Finance, etc. are likely following the same playbook to ride the present AI wave! Judging by how that movie played out, this one will also be a blockbuster hit. AI has as much enabling power as Web - in fact maybe more. Then and now, MRP runs and advanced ERP functionality were / are not on the web but it's very easy to imagine how they can leverage AI to become faster / better / cheaper.
Voting with your feet in a digital world!
A Finextra Member

A Finextra member

  Half of the world's population may be 'eligible' to vote, but probably half of those have very little choice - Russia being an excellent example where the opposition leader has been murdered by the incumbant leader. Several other countries with elections are also  not given much choice on the ballot paper. Not a very good opening paragraph.
Sehrish Alikhan

What are AI chatbots?

Sehrish Alikhan - Reporter, Finextra