Sift's latest Digital Trust and Safety Index describes how artificial intelligence (AI) is fuelling a fraud surge that will challenge retailers and financial institutions.
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Galileo’s CPO, David Feuer, said AI and improving infrastructure allow financial services innovators to create more responsive products, including in BNPL.
The desire for increased financial inclusion is a primary driver behind the increased use of alternative data in lending decisions, a new report from LexisNexis Risk Solutions finds.
For too long small businesses have suffered a lack of access to capital. Now, banks and fintechs are in a unique position to combine their strength to help provide financing in underserved communities
Just a few years ago, Banking as a Service (BaaS) was a term hardly ever heard in Latin America outside...
Financial institutions have access to a vast amount of customer data, including account information, transaction history, and credit scores. However, much of that data is siloed by different payment platforms and networks and out of reach when fraud teams need it most. Banks can address this data drought problem by finding ways to modernize their tech stack, getting creative with existing rails, and leaning on providers to gain scale.
As rigid, password-based systems lead to more security breaches, they are quickly replaced by real-time biometrics, leading to a passwordless future.
Blockchain could provide significant opportunities for inter-bank transactions. In Fintech Nexus' recent London meet-up, we found out how.
The solution lies in blockchain-powered protocols that increase transparency and efficiencies while handling compliance for workflows.
With competition for consumer attention fierce, the best businesses are looking to embedded finance to innovate existing loyalty strategies.