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Biometrics, Daily news, Fraud & Security, Identity, Issuing & Acquiring, Mobile Banking, Processing & Systems -

New research that shows 68% of consumers in Europe have abandoned financial applications in the past year. The results are the worst for financial service providers since the Battle to... read more

The post Record number of consumers abandon financial applications during onboarding appeared first on Payments Cards & Mobile.

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Biometrics, Contactless, Daily news, digital wallet, Financial Super App, FinTech, M-Commerce, Mobile Banking, Mobile payments, Mobile Remittance, Mobile Wallet, P2P, super app -

The mobile wallet industry has seen significant advances in the last decade, changing the way people manage and spend their money, and the tasks that these wallets can perform have... read more

The post Report: Mobile wallet and the rise of the Super App appeared first on Payments Cards & Mobile.

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3D secure, 3DS2, Biometrics, Cyber Security, Daily news, Fraud, Fraud & Security, Genuine Presence Assurance, Identity, Liveness Assurance, online fraud, Risk & Compliance -

A crisis is emerging in e-commerce. From week to week, new studies are published showing fraud attempts in e-commerce – and successful frauds – are rocketing. Meanwhile, governments in the... read more

The post Presence-assured face biometrics can stop the current fraud spiral. Here’s how appeared first on Payments Cards & Mobile.

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Biometrics, Contactless, Cryptocurrency, Cyber Security, Daily news, digital ID, E-Commerce, Fraud & Security, Identity, Identity theft, interoperable ID, M-Commerce, Mobile Banking, Mobile payments, Mobile Remittance, Mobile Wallet, Open Banking, payment fraud, PSD2, Strong Customer Authentication -

Remote and contactless payments popularity with consumers grew during the pandemic, which is prompting the need for a robust digital identity infrastructure in the Payments 4.X era.1 In the connected... read more

The post Digital ID infrastructure is key as payments become transparent appeared first on Payments Cards & Mobile.

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Account to Account (A2A), Alternative Payments (APMs), API, Artificial Intelligence (AI), banking-as-a-service, Biometrics, Blockchain, Business payments, business-to-business, CBDC, central bank digital currencies, Central bank digital currencies (CBDC), Cryptocurrency, Daily news, digital currencies, FinTech, IoT, Mobile payments, Open Banking, Tokenisation, tokenized payments -

Increasingly blurred boundaries mean that practically anyone can declare themselves a payment provider, using banking-as-a-service to embed payments. Customers can filter this choice through a lens of preference and habit. For firms, complexity... read more

The post Future of payments: Innovation shifts from consumers to businesses appeared first on Payments Cards & Mobile.

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