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Mastercard to pilot enhanced ID verification service in Europe

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Mastercard to pilot enhanced ID verification service in Europe

Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport.

Fintech Australia backs government's scam prevention plan

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Fintech Australia backs government's scam prevention plan

The industry group for Australia's startup sector, Fintech Australia, has given its support for the government's proposals to implement scam obligations for financial services firms.

Ecommerce fraud to exceed $100bn by 2029

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Ecommerce fraud to exceed $100bn by 2029

The value of ecommerce fraud is set to rise threefold in the next five years, thanks to the impact of AI.

Banks and technology firms unite to test corporate digital IDs

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Banks and technology firms unite to test corporate digital IDs

The UK Government-backed Centre for Finance, Innovation and Technology (CFIT) has teamed up with leading banks and technology firms to test digital verification as a means to combat spiralling levels of economic crime.

Finextra is getting a new look!

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Finextra is getting a new look!

We’re excited to go live with Finextra’s new website next week.

NatWest takes digital ID to the Nordics

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NatWest takes digital ID to the Nordics

NatWest is to make its digital identity service for legally binding documents via Adobe Acrobat Sign available to customers in the Nordics.

Digital IDs from Lloyds, Yoti and the Post Office gain proof of age accreditation

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Digital IDs from Lloyds, Yoti and the Post Office gain proof of age accreditation

Three digital ID apps from Yoti, Lloyds Bank and the Post Office have been accredited by the UK’s national Proof of Age Standards Scheme (Pass).

EBAday 2024: Tokenisation and digital identity will lead banking evolution

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EBAday 2024: Tokenisation and digital identity will lead banking evolution

At EBAday 2024 in Lisbon, after a buzzing morning of introductions and a keynote to set up the themes for the rest of the conference, David Birch presented a challenge speech titled ‘Digital Money, Digital Assets, Digital Identity: The Future of Banking’.

UK home to 3m 'Frankenstein identities, posing multi-billion pound threat

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UK home to 3m 'Frankenstein identities, posing multi-billion pound threat

The UK is home to nearly three million "Frankenstein" identities stitched together by fraudsters out of real and made up personal details, according to researchers who warn of a potential multi-billion pound hit to the economy.

EBAday 2024: Fintech Zone finalists revealed!

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EBAday 2024: Fintech Zone finalists revealed!

For the sixth year running, EBAday will host a dedicated Fintech Zone, where 16 early stage and growth startups will compete for the chance to be crowned the 2024 winner.

CFIT launches coalition to fight economic crime through verification

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CFIT launches coalition to fight economic crime through verification

The UK Centre for Finance, Innovation and Technology (CFIT) has put together an industry coalition to fight economic crime through enhanced verification.

Revolut adds new in-app verification layer to counteract theft from stolen mobiles

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Revolut adds new in-app verification layer to counteract theft from stolen mobiles

Revolut has added an extra layer of in-app identity verification designed to protect customers who have had their unlocked phone stolen, or password and face recognition compromised.

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