As much as consumers love the convenience of connected online banking experiences, nearly 8 in 10 digital banking customers are unaware that FinTech apps can sell the information they share to other parties. In the Authenticated Payments Report, PNC Bank’s Natalie Talpas explains why banks...
Consumers have become enamored of digital banking’s conveniences, especially as the technologies underpinning them make it easier than ever to share data and receive personalized insights into spending or new products. Open banking initiatives using application programming interfaces (APIs) to enable these connections have sprung...
While cashless payments were a popular payment alternative before the pandemic, they have since become nearly ubiquitous as digitally-savvy consumers were driven to online shopping and safer in-person alternatives by the pandemic’s social distancing requirements. As a result, the global digital payments industry is forecast to...
Tying consumers’ digital identities to their payment behaviors is becoming key to ensuring security and offering customer experiences based on unique data insights, according to Zelle’s Sean Loosli. In the Authenticated Payments Report, he explains how the convergence of digital ID and payments can be...
October 29, 2021
The global use of smartphones has transformed consumers’ transactions with their preferred financial institutions (FIs), merchants and service providers. As consumers increase their use of online and mobile banking tools, however, they also increase their exposure to device-based security risks. This is because consumers now have digital identities that they carry into the physical world, […]
September 30, 2021
Payments are now more digitized than ever before, with experts projecting that $6.6 trillion with be exchanged through digital channels by the end of the year, a 40% increase over...
September 13, 2021
Digital transactions are quickly becoming the norm, with trillions of dollars crisscrossing the globe via the internet. Securing this fast-growing market is the EU’s Revised Payment Services Directive (PSD2) objective,...
August 09, 2021
Authentication represents a critical security challenge for digital businesses of all kinds, with unauthorized access accounting for 43 percent of successful data breaches at companies in the United States in...
