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Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding

PYMNTS

Know your customer (KYC) policies were introduced with the Patriot Act in 2001 following 9/11, intended to help stem the flow of funding to terrorists. Video-based KYC is an effective digital technology used increasingly to confirm customers? Video verification is one way to ensure smooth experiences and build trust. .

Video 201
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Banks Turn To 3D Secure 2.0 To Fight Fraud

PYMNTS

3DS was initially introduced in 2001, and has continued to evolve over the past 17 years. offers a seamless and convenient payment experience to customers. protocols and solutions powered by neural network models, risk-based authentication, dynamic rules engines and other emerging tools and technologies.

Fraud 165
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Artificial Intelligence: FIs’ Friend Or Foe?

PYMNTS

It doesn’t mask murderous intentions with a calming voice like HAL of “2001: A Space Odyssey.” Kaplan said that larger FIs will probably invest it in further research and development to continue improving the customer service and end user experience. As technology evolves, banks need to be at the forefront.”.

Data 187
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In Payments Security, Hunting For The Goldilocks Effect

PYMNTS

To put it another way, the theme of the fairy tale applies to the transactional world in which we live — getting it all just right and in balance, a crucial concept when it comes to the consumer experience and security in card-not-present (CNP) transactions. It’s no secret that eCommerce is growing rapidly. The industry is slated to be at $3.6

Security 108
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Could Regulation Prevent The Next Cyberattack?

PYMNTS

11, 2001, terrorist attacks. He noted the standards recommended by FIDO Alliance (Fast IDentity Online), a consortium of several major financial institutions and technology companies. In 2004, Clarke testified before the 9/11 Commission on the events and conditions that led up to the Sept. million each year because of cybercrimes.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

What Cerent’s technology did was help connect long-haul communications lines and the local telephone and data network. And as the number of internet hosts increased, according to a study by the Internet Systems Consortium, the need for efficient optical network technology did, too. To do that fully, UCWeb needed investment.

Lending 78