PYMNTS-MonitorEdge-May-2024

Acuant

Digital Identity Firm GBG Acquires Acuant For $736M
Digital Identity Firm GBG Acquires Acuant For $736M
November 19, 2021  |  Digital Identity

The digital identity firm GBG has reached an agreement to acquire the identify verification provider Acuant in a cash-free, debt-free $736 million deal that brings...

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Deep Dive: How Cryptocurrency Exchanges’ Onboarding Systems Can Weed Out Fraudsters
Deep Dive: How Cryptocurrency Exchanges’ Onboarding Systems Can Weed Out Fraudsters
July 06, 2021  |  Authentication

Cryptocurrencies have surged in popularity and value over the past several years, with the cryptocurrency market valued at $1.6 billion in 2021 and projected to reach $2.2 billion...

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How Cryptocurrency Exchanges’ Onboarding Systems Can Weed Out Fraudsters
How Cryptocurrency Exchanges’ Onboarding Systems Can Weed Out Fraudsters
July 05, 2021  |  Authentication

Cryptocurrencies have surged in popularity and value over the past several years, with the crypto market valued at $1.6 billion in 2021 and projected to...

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CEX.IO On Ensuring Secure User Authentication In Cryptocurrency Exchange Onboarding
CEX.IO On Ensuring Secure User Authentication In Cryptocurrency Exchange Onboarding
July 02, 2021  |  Authentication

It’s getting hard to keep good fraudsters down as they are now turning to social engineering techniques to trick users and gain access to crypto...

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Report: Crypto Exchanges Use Blockchain Tech To Boost Onboarding Security
Report: Crypto Exchanges Use Blockchain Tech To Boost Onboarding Security
July 01, 2021  |  Authentication

Cryptocurrencies have become a hot topic over the past several years, with the global blockchain market expected to hit approximately $23 billion by 2023 and...

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Digital IDs Build Anchors Of Trust Between FIs And All Consumers
Digital IDs Build Anchors Of Trust Between FIs And All Consumers
June 04, 2021  |  Authentication

Consumers understand that identity needs to be verified as part of any interaction with a financial system, whether due to regulatory compliance, business needs or...

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Deep Dive: What New Digital Bank Customers Expect From Their Onboarding Experiences
Deep Dive: What New Digital Bank Customers Expect From Their Onboarding Experiences
June 01, 2021  |  Digital Onboarding

Generation Z consumers are well-known as tastemakers when it comes to pop culture, music and fashion, and their influence is quickly expanding to the financial...

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OakNorth On Balancing Security And Convenience In Customer Onboarding
OakNorth On Balancing Security And Convenience In Customer Onboarding
May 31, 2021  |  Authentication

Machine learning (ML) can help digital banks do much of the heavy lifting during customer onboarding — especially if applicants have common names. In the...

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Machine Learning Helps FIs Identify Account Holders’ Fraudster Twins
Machine Learning Helps FIs Identify Account Holders’ Fraudster Twins
May 28, 2021  |  Digital Onboarding

Digital banking has become the new normal over the past year, with 71 percent of all financial institution (FI) customers now regularly banking online. Many...

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