261 Results from /identity
Tejasvi Addagada Enterprise Data Head at Fortune 500 financial service provider
Accuracy measures the degree to which data represents the real-world entity in this case a person, organization, or Source from where we know it has originated. Measuring data quality is possible if the characteristics of its physical and contextual existence are well understood. These characteristics of data can be translated into data quality rul...
02 August 2020 /regulation /identity Analytics in Banking
Jonathan Jensen Regulatory Policy Advisor at GBG
The challenge faced by every financial provider, including fintechs, is how to onboard customers as smoothly as possible. But what does best practice look like? In my experience, signing up for a new account can be an exercise in friction and frustration, not least because identity verification has been poorly implemented as an afterthought. A dig...
29 July 2020 /payments /identity Digital Identity Management
René Hendrikse Vice President & Managing Director, EMEA & LATAM at Mitek
From social media scams to fake government texts, phishing links in business emails and false phone calls, fraud has risen sharply since the start of the COVID-19 pandemic. More than 2,500 scams had been reported to investigators in the UK by the start of April alone. The threat doesn’t show signs of slowing down either. By early May, more than 16...
23 June 2020 /identity /crime Digital Identity Management
Retired Member
Over the last few months, we have been presented with more e-commerce and online offerings than ever before. From online shopping to virtual gym classes, the pandemic has accelerated the move towards a fully digital world. Unfortunately, this growing digital presence leads to a rise in cyber-attacks, too, and more specifically, fraud. Even before ...
08 June 2020 /identity /crime Digital Identity Management
Mike Kiser Senior Identity Strategist at SailPoint
Have an identification card in your wallet? With a selfie and a few short minutes, you could have access to a business bank account. Small and medium enterprises (SMEs) have long been the fuel that drives the global economy, representing around 90% of businesses and more than 50% of employment worldwide. Over the last few years, a range of financ...
29 May 2020 /security /identity
Philip Black Commercial Director at Nomidio
At the end of March, the Financial Conduct Authority (FCA) wrote a letter to firms outlining its response to Covid-19. Part of its outreach involved highlighting the flexibility already contained in its rules and guidelines to help organisations deal with an unprecedented demand on client identity verification. While the FCA said it expects firms ...
27 April 2020 /regulation /identity Digital Identity Management
Doug Gross CEO at NGDATA
When we talk to organizations about customer experience (CX) or about CX tooling, we often get the reaction that they are already working on this or that they’re quite ‘good’ when it comes to it. They managed to leverage customer data for providing a relevant interaction. However, we notice that the company’s internal expectations are rarely met. ...
22 April 2020 /retail /identity Data Management and Governance
Paul Shumsky Technology Advisor at Entrepreneur
Strong customer authentication necessarily forms the backbone of any fintech application and it is common to make use of multi-factor authentication (MFA) to provide additional levels of security to protect any transaction from being compromised. Multi-factor authentication (MFA) encompasses three types of authentication: knowledge (something you k...
14 April 2020 /devops /identity Biometrics
As banks think about applying machine learning and Artificial Intelligence (AI) technologies, they have to remember that they have a responsibility towards their customers and society - all of this in a manner that's transparent and traceable. Banks are also answerable to their regulators, though regulations on technologies like AI is not in par wi...
31 March 2020 /sustainable /identity Trends in Financial Services
Steve Cook Digital Identity & Biometrics Consultant
The importance of passive facial liveness detection is key for digital onboarding and a frictionless user experience. Liveness detection has become a critical part of the digital identity process for face biometric authentication, onboarding and fraud prevention. With today's facial recognition systems, there are two questions that need to be asked...
27 March 2020 /inclusion /identity Biometrics
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.