Open Banking could become a mainstream payment method in 5 years time surpassing BNPL, emerchantpay research finds
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Open Banking could become a mainstream payment method in 5 years time surpassing BNPL, emerchantpay research finds

ByAdmin Fintech

LONDON, Wednesday, 19th June – New research released today by emerchantpay, a leading global payment service provider and acquirer, has found that there is strong market potential for merchants who prioritise the adoption of Open Banking payments early in their payment strategies. The survey of UK consumers found that one in two people are unknowingly using Open Banking during checkout, with more…

Banking facelift: How biometrics is reshaping CX in digital channels

Banking facelift: How biometrics is reshaping CX in digital channels

ByAdmin Fintech

By John Duggan, EVP of Sales, APAC at Daon Facial recognition, especially when combined with step-up authentication, provides an identity assurance paradigm that is not only resilient, but futureproof. For organizations in banking and financial services, embracing biometric authentication is more than a strategic move: it’s an executive mandate to strengthen trust and increase accessibility…

The future of mobile banking: Innovations in security and authentication

The future of mobile banking: Innovations in security and authentication

ByAdmin Fintech

By Edgar Zayas, BioCatch Director of APAC Global Advisory Digital and mobile banking have revolutionised the way we manage our finances. Gone are the days of waiting in line at a brick-and-mortar branch. With just a few taps on our smartphone, we can check balances, transfer funds, and pay bills. The pandemic and its various…

Decision intelligence in banking starts with clean data 

Decision intelligence in banking starts with clean data 

ByAdmin Fintech

By Jamie Hutton, Chief Technology Officer of Quantexa  According to McKinsey, nearly 60% of financial services companies have embedded at least one AI capability. Among the most common are process automation, virtual agents, or text understanding. But to truly benefit from the technology, the sector needs to broaden implementations from siloed one-off products or services…

How Does BMO Digital Banking Login Work?

How Does BMO Digital Banking Login Work?

ByAdmin Fintech

Learn how BMO digital banking login works. Explore features, benefits, and security measures for a seamless online banking experience with BMO. Introduction Digital banking has transformed the way we manage our finances, offering unprecedented convenience and access. BMO (Bank of Montreal) digital banking is a prime example of this innovation, providing customers with a range…

The synthetic identity crisis calls for digital ID certificates with reliability scores

The synthetic identity crisis calls for digital ID certificates with reliability scores

ByAdmin Fintech

By Wes Kussmaul, Founder of The Authenticity Institute and creator of the world’s first online Encyclopedia. In her November 9 article “Credit Repair Firms Driving $20B Synthetic ID Fraud Crisis”in the publication Bank Infosecurity, Suparna Goswami (gsuparna) notes that “Firms Help Customers Create False IDs and Promise to Improve Their Credit History.” Thomson Reuters reports…

The Dangers of Using Public Wi-Fi for Electronic Funds Transfer

The Dangers of Using Public Wi-Fi for Electronic Funds Transfer

ByAdmin Fintech

Discover the potential risks of using public Wi-Fi for electronic funds transfer. Learn how to protect your financial information from cyber threats. Introduction Electronic funds transfer (EFT) has revolutionized how we manage our finances, offering unparalleled convenience and speed. However, using public Wi-Fi for digital banking tasks, including EFT, poses significant security risks. This article…

Are the traditional measures of bank stability broken?

Are the traditional measures of bank stability broken?

ByAdmin Fintech

By Jasika Walia, Business Analyst at FischerJordan with an interest in strategy and problem solving. Appadwedula Sai Naryana Apoorv, summer intern at FischerJordan working at the intersection of analytics and technology. Introduction In the ever-evolving landscape of the global financial system, banking crises have emerged as recurring phenomena with profound economic and social implications. Impact of…

David Boyd on Australia’s Changing Credit Card Market
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David Boyd on Australia’s Changing Credit Card Market

ByAdmin Fintech

How has the credit card landscape evolved in Australia over the last decade or so? Australia’s credit card market has evolved significantly over the past decade or so. When my brother Andrew and I first launched CreditCardCompare.com.au back in 2008, the options available to consumers were relatively limited compared to the diverse range of products…

Why banks are not ready for AI – or anything else that comes after that

Why banks are not ready for AI – or anything else that comes after that

ByAdmin Fintech

By Omar Bashir, Technical Director (Financial Services) at Thoughtworks Artificial intelligence (AI) is already showing its potential in the transformation of Australia’s big banks, from fraud detection to helping employees answer customer questions and software engineers write better code and making smarter apps. In fact, a leading global index recently ranked the Commonwealth Bank as…