Coronavirus drives rapid adoption of open banking
The Open Banking Implementation Entity (OBIE) has revealed that open banking users have more than doubled since 2020.
Using facial recognition for second-factor authentication – Electronic IDentification
Second-Factor Authentication (2FA) has been implemented across Europe under the PSD2 regulation and is helping protect consumers with online fraud. In a new case study, Electronic IDentification has explored the technology.
TrueLayer bags $25m in Series C round
Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.
Iren picks SIA to bolster its PSD2-enabled payment services
Italian multi-utility provider Iren has picked payment services company SIA to launch of advanced payment services thanks to the innovations introduced by PSD2.
Blackhawk Network taps Moneyhub for compliance and open banking solutions
Payment provider Blackhawk Network has picked open finance data and intelligence platform Moneyhub to deliver its compliance with the open banking standards.
Customers abandon purchases because of strong customer authentication processes
Last year, the EU started to roll out its strong customer authentication (SCA) rules to make it safer to buy things online, but it seems it is making customers abandon their purchases, according to new Microsoft research.
How facial recognition software can be used in ATMs
Using biometrics to provide strong customer authentications is becoming more popular and is beginning to be used in ATMs to help customers identify themselves.
Challenger bank Knab taps facial biometrics company iProov for its customer authentication services
Dutch online bank Knab prides itself on supplying a human service backed by the latest technology. To that end, it has just teamed up with biometrics company iProov.
Symphonic’s founder says watching the door is no longer enough when it comes to...
Symphonic Software has gone from being a cybersecurity research project to offering a contextualised data user experience to massive banks and governments around the world.
Revolut unveils open banking feature for retail and business customers in Ireland
Neobank Revolut boasts having over one million retail and business customers who can from now on enjoy the FinTech unicorn's new open banking feature.
