Tag: Mobile Banking
Revolutionizing digital onboarding: AI’s role in saving banks $900m by 2028
A new report from Juniper Research, a leader in FinTech and payment market analysis, has found that by 2028 the application of AI in identity verification will dramatically reduce the average digital onboarding check time from over 11 minutes in 2023 to under 8 minutes.
Exploring the hidden risks in the era of real-time transactions
Flagright recently explored the hidden risks in the era of real-time transactions in the financial world.
Has digital banking caused a rise in mobile deposit scams?
Fraud is on the rise and part of it is due to the growing adoption of mobile banking, according to a new report from Advanced Fraud Solutions (AFS).
Lunar Way selects Tink’s API to provide new mobile banking app...
Danish challenger bank Lunar Way has chosen the Tink API to add new payments and personal finance tools to its mobile banking app.
OCBC launches biometric scanning for mobile banking app
Malaysian bank OCBC Bank has launched facial biometric access for its mobile banking app.
Pockit swipes £2.9m for inclusive mobile banking
Mobile banking startup Pockit has picked up £2.9m in new funding as it introduces a remittance service from the UK to Italy and Poland.
Kid-friendly banking app Current picks up $3.6m
Mobile banking and payments platform Current has closed $3.6m in a seed funding round. Existing backers Expa and Human Ventures contributed along with Future Perfect Ventures.
Citi’s head of FinTech leaves bank
Head of Citigroup’s FinTech division Heather Cox is leaving the bank after less than a year.
