Okta and Onfido surveyed 5,000 customers across the US, UK, France, Germany and the Netherlands and found that biometrics are increasingly meeting customers’ expectations. Read our blog to see why.
Launching today, deal-flow newsletter PreSeed Now will present early-stage startups from around the U.K. to investors twice a week, with one in-depth profile per issue.
IBM has been making waves with banks in recent months as they make a push to get large banks to...
Wells Fargo has seen customers become more adept at using digital and plans to accelerate their branch closure plans; the company is looking to close more than 800 branches by the end of 2020; “Our vision of satisfying our customers’ financial needs remains unchanged, but how we execute this vision has evolved; this evolution includes developing new ways to more efficiently serve our customers and create a better customer experience,” said CEO Tim Sloan on a conference call as reported by TearSheet; the closures are expected the save the bank about $4bn. Source.
Fidelity Investments said that it will allow its institutional customers to buy and sell Bitcoin “within a few weeks” according...
As LendKey celebrates $500 million in funded loans, there are plenty of other reasons to celebrate too, co-founder and CEO Vince Passione said. Passione said as the country is coming off a pandemic year there are plenty of encouraging signs. Education loans are bouncing back,
BBVA and digital business account provider Azlo struck a partnership that focuses on freelancers; with the freelance worker trend increasing the bank is looking to position themselves to better serve the market; BBVA invested in and helped incubate the company through their New Digital Businesses unit; this is part of a wider trend at the bank to help innovation, both inside and outside the bank itself. Source.
The opportunity to better engage customers with art, collectibles, swag, coupons, rewards, and financial products has broadened the base of social inclusion in crypto through NFTs with many new products and investments just around the corner and poised to superscale in Web3.
Verimatrix, the leader in powering the modern connected world with people-centered security, today announced that albo, one of Mexico’s fastest-growing fintech innovators, selected App Shield hosted on the Verimatrix Secure Delivery Platform to shield its sensitive code and customer data with proven...
The new API by Fidelity Investments called Fidelity Access will give third parties access to customer data; the idea behind the program is for customers to give apps focused on tax prep, budgeting or portfolio advice access to their Fidelity data; Fidelity believes this will cut down on cyber crime as access will be more secure instead of a user passing along their credentials; they are following a number of other financial institutions who have started similar programs recently. Source.