Banking

These four establishments essentially monopolize the entire banking industry—the 'Big Four' is an idiomatic name for the four central banks in many countries.

Some FinTech companies are introducing instant authentication services on mobile in collaboration with a powerful party – a mobile operator.

There's one area of banking that has not evolved as it should have over the decade: missed payments and collections.

Banks now realize that one of the most crucial areas of business where tech can elevate their perception is the process of onboarding.

Cloud-based services have been driving efficiency and cost reduction across industries for quite some time now.

Alternative data sources vary significantly in their ability to accurately assess one’s creditworthiness/predict the likelihood of someone defaulting.

KYC practices may vary by country based on unique identification sources and the maturity of digital infrastructure to automate operationally heavy processes.

With transaction banking, business enterprises can improve liquidity management, fund cash requirements appropriately, and make safe international money and securities transactions that comply with global financial frameworks.

There is always a chance of a fraudster lurking in the background, trying to grab the right opportunity to take over your digital accounts.

Canada is testing a new airport security and screening system that will allow travelers to digitize and share travel documents & biometric information.

Modern identity authentication methods such as Mobile Auth connect to mobile networks and leverage mobile data intelligence to ensure that the device used to access the service is indeed linked to the phone number being used for the service.

Exponential growth in digital transactions globally and increasing sophistication in fraud have highlighted the need for an algorithmic model that taps into multiple data sources and attributes in order to assess the trustworthiness of a transaction.