Banking/Fintech
(In)Fidelity Admits Data Breach 8 Weeks Ago — 77K PII Lost
FMR FAIL: Huge investment firm won’t say how it was hacked ...
How do UPI apps make money?
We require UPI Applications and online wallets for quick and simple transactions. Only UPI apps or online wallets can make it convenient to conduct transactions without cash or a card when we ...
2023 Guide to Digital Banking Fraud Detection & Prevention
About ten years ago, a new generation of banks entirely transitioned to digital operations. Neobanks, which are banks that only do business online and have no physical locations, cater to specific consumers’ ...
What are the top 10 ways AI is revolutionizing fintech?
Introduction Artificial Intelligence (AI) is revolutionizing the financial services industry, known as fintech. From improving customer experience to reducing operational costs and mitigating risks, AI is having a significant impact on fintech ...
What are the best practices in Digitizing Customer Onboarding? What are the technologies involved?
A new client’s onboarding in banking might take days of information gathering, application completion, identity verification, printing or emailing, and waiting for the consumer to sign and return the paperwork. Every day ...
CBDC – How KYC & AML compliances can mitigate the risks
Discussing on the subject of KYC and AML compliance and how it helps keeps risk under control, here is how the new CBDC establishment is to benefit. CBDC’s primary purpose is to ...
Synthetic Identity Fraud : How AML/CFT compliance can help in building brand trust
Identity fraud has been a significant threat to businesses. Industries related to finance and financial institutes, tourism, and hospitality are the most affected by this. Although scammers use various methods and tricks ...
