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Open banking fraud: Finologee chooses Konsentus Verify

Open banking fraud: Finologee chooses Konsentus Verify

  By FintechNews staff -Finologee, a fast-growing digital platform operator of robust, ready-made and compliant systems and APIs, has chosen Konsentus Verify to protect the institutions they serve with...
iDenfy launches an innovative tool to further enhance its ID verification process

iDenfy launches an innovative tool to further enhance its ID verification process

  By FintechNews staff -We are quickly becoming aware that the digital world is growing at a faster rate than new experts in the IT industry...
3 leading Fintech trends to watch in 2022

3 leading Fintech trends to watch in 2022

  By FintechNews staff   -We have seen dramatic growth in FinTech during the pandemic. As the banks shut down, people largely relied on virtual financial services....
How do Facebook and Microsoft fight cyber threats?

How do Facebook and Microsoft fight cyber threats?

  By FintechNews staff -With users becoming increasingly concerned about cybersecurity it comes as no surprise, then, that big tech players like Facebook, Amazon, Microsoft, Google, and...
That’s why PayPal uses advanced ML to continually optimize the complex rules written by our client’s in-house fraud and data science teams, and to apply these rules to large datasets in order to spot patterns that humans may miss.

PayPal taps AI/ML in battle against fraud

  By FintechNews staff Summary:  -Artificial intelligence (AI) and machine learning (ML) are helping merchants and online platforms get smarter about detecting risk. The bad guys have...
Even with 700,000 new entrants, demand continues to outpace the supply of talent.

The United States has the biggest cybersecurity workforce in the world, according to Veriff

  By FintechNews staff Summary: -Following an increase in breaches since the pandemic began, there has been a higher demand for cybersecurity positions, with recruitment up 350%...
How blockchain is disrupting finance

How blockchain is disrupting finance

  By FintechNews staff Summary:  -A blockchain is a decentralized, unchangeable database that enables the recording of network transactions.  Blockchain technology provides for the permanent recording of...
Payment processing solutions: 3 major trends

Payment processing solutions: 3 major trends

  By FintechNews staff -The payment processing solutions market is likely to register lucrative growth over the coming years owing to rapid digitization, and rising penetration...
Cybersecurity in the financial industry

Cybersecurity in the financial industry

By FintechNews Staff Summary:  -Second only to healthcare in the hierarchy of most cybersecurity attacks, the financial industry is harangued on all sides by cybercriminals. --Hacking and...
AI-driven technologies increase the efficiency of passport control

AI-driven technologies increase the efficiency of passport control

  By FintechNews Staff Summary: -Smart Engines' AI-driven software was equipped in passport e-gates Sapsan at Sheremetyevo International Airport SVO for contactless border control on international flights....

Latest article

Digital banking adoption is expected to grow to around 70% in the future

Research: digital banking adoption is expected to grow to around 70% in the future

  By FintechNews staff - N26 has launched its “2021 Global Digital Banking Index” – an analysis of surveys and research done with over 47,000 banking...
How blockchain technology impact the financial services

Security: how blockchain technology impact the financial services

  By FintechNews staff -Blockchain introduced radical, innovative trends that imposed a formidable impact on almost all industries, including finance, supply chain management, and healthcare. Now, almost every...
first NFT collection of an authentic T-Rex fossil

The first NFT collection of an authentic T-Rex fossil

  By FintechNews staff -MetaRex will unveil the world’s first NFT collection of an authentic T-Rex fossil, in a sale that’s due to take place mid-December....