FIS Mobile Acts As ATM Remote Control To Improve Security
ATM card skimming has grown into a multi-billion dollar fraud; now FIS #Mobile offers a way to obtain cash without inserting card into the ATM/
Financial Technology
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Fighting Biometric Fraud Might Mean Giving Consumers More Control
Biometrics are fast becoming the norm for identity verification in banking—but criminals are adapting to these authentication methods as quickly as #consumers. #Biometric forms of authentication, like the various modes of “Selfie Pay,” fingerprint recognition, and voice ID, provide #more security than passwords—but that doesn’t #mean financial institutions can afford to drop their guard. Instead, FIs […]
Bank Innovation -
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Barclays Gives Users Total Control Over Debit in Effort to Stop Card Fraud
Will giving customers more direct #control #over their #debit cards #stop #fraud? #Barclays is optimistic. Barclays customers now have the ability to shut the remote spending (online or mobile) function of their debit #card, the bank announced today. Barclays bets the feature will help halt card fraud; about 25% of the U.K. population has experienced fraud […]
Bank Innovation -
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New Bank Bot Jude Can Control Multiple Accounts [VIDEO]
That’s right — it&8217;s another bot. This one&8217;s from New Zealand software designer Ben Lynch and is called #Jude. Bots are huge everywhere &8212; Facebook Messenger now hosts more than 11,000 &8212; but lately, meaning, this week, they have made a strong push into financial services. Jude launched in MayRead More
Bank Innovation
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