216 Results from /identity
René Hendrikse Vice President & Managing Director, EMEA & LATAM at Mitek
While the Christmas rush may be over, with 51.3m transactions recorded by the Post Office in December, the arrival of Lockdown 3.0 means online shopping will continue to be on the rise yet again. As non-essential shops remain closed, older generations, the vulnerable, working parents, and many more will turn to online spending. Retailers and busin...
28 January 2021 /security /identity The future of Payments in Europe
Vikas Seth Chief Product Officer at IDnow Gmbh
Being in identity and security space for quite a while now, obviously when I talk to friends and family, they all get excited about whole identity verification and cutting-edge technology behind it. One very logical and obvious question I often get asked is, “Well I have this payment app/wallet (Apple pay or google pay or Paytm or what not) I am u...
24 January 2021 /payments /identity Digital Identity Management
Martin Wilson Chief Executive Officer at OneID
This month marks the third anniversary of Open Banking in the UK – or more specifically, three years since Open Banking became a compliance obligation for banks. Back in 2018, users of Open Banking products and services were counted in the tens of thousands and it wasn’t until the beginning of 2020 that this number slowly reached the million-user ...
20 January 2021 /retail /identity Open Banking
Riten Gohil Director & Co-Founder at Sphonic
Is Identity Broken? Identity is broken, or many will have you believe so, in reality it sort of works allowing hundreds of millions of consumers and businesses around the world to activate and access services around the world. Clearly more needs to be done, and the industry is burgeoning with new solutions, approaches, strategies and movements to ...
11 January 2021 /regulation /identity Finextra site news
David Fagleman Director at Enryo
Digital enthusiasts commonly portray a future in which technology has eradicated crime. Indeed, one of the most loved arguments for a cashless society is that without physical money criminals will be unable to operate, surveillance will protect good citizens that have nothing to hide, and people will be less likely to lose, misplace or be conned o...
05 January 2021 /payments /identity Digital Identity Management
Steve Cook Head of Business Development at ID R&D
In today's world of biometric authentication and digital identity, proving that someone is real is a serious challenge for online and mobile services. Deepfakes, 3D masks, and even fake photos of people can cause problems for digital onboarding vendors as well as other digital enrolment processes. This in turn affects entities such as banks and mer...
16 December 2020 /retail /identity Biometrics
Retired Member
Today’s AI-driven KYC platforms help banks, fintechs, insurers and more onboard customers and catch fraud at a higher rate—with less dropoff—than ever before. Through the sequential use of proprietary AI algorithms, these platforms maximize accuracy while trimming minutes off ID processing times—without sacrificing security. Advanced image process...
11 December 2020 /regulation /identity Artificial Intelligence and Financial Services
A business which asks for too much information or is confusing about their data needs will simply alienate the customer. Customer onboarding has always been important, but in the new digital world, where most things can be found, bought and sold with the touch of a button, customer expectations and demands have increased. So what happens if there i...
11 December 2020 /regulation /identity Innovation in Financial Services
“The human face is, after all, nothing more nor less than a mask.” Dame Agatha Christie, the famous murder-mystery writer, once said. Our face is just a mask in an ocean of masks, and it only shows what we want to show, not who we really are or how we feel. While this quote refers to the process of how we tend to hide our true emotions, it could al...
10 December 2020 /regulation /identity Innovation in Financial Services
John Cant Managing Director at MPI Europe Ltd
When a financial sector customer becomes less active it is often an important signal that they have reached a new stage in their lifecycle, and critically need specific handling. We will look at some possible customer states that all share this common symptom but require quite different handling and priority from different business functions. The
08 December 2020 /identity /crime Data Management and Governance
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