| Mastercard Launches Open Banking Platform To Further API Standards Lead, follow or get out of the way â that seems to apply to the rise of Open Banking, which promises more financial services innovation, along with greater data transparency and flexibility. The latest evidence comes from Mastercard, with the launch of its Open Banking Solutions â designed to create a consistent way to connect banks with third parties and services innovation across Europe. Mastercardâs SVP of Open Banking Jim Wadsworth speaks with Karen Webster about how it will help everyone to get the most from Open Banking. |
| Digital ID/Financial Inclusion |
| Trulioo Teams With Refinitiv To Bring 5B Consumers Into The Financial Mainstream Today (June 4), Trulioo announces a partnership with Refinitiv that combines its leading digital risk management and financial fraud strengths with Truliooâs global KYC and digital ID platform to bring 5 billion consumers into the financial mainstream without fear of fraud. Trulioo CEO Stephen Ufford speaks with Karen Webster about the how, why and why now. |
| Taking The Future Of Digital ID Verification Back To The Phone Data is vital to the digital economy â and so is identity verification. As is the case throughout commerce, a frictionless, secure experience is key. Cognito CEO Alain Meier tells PYMNTS how to best provide that experience digitally, and how to do so without cumbersome driverâs license scans and other time-consuming methods. Dial this one up. |
| | AI Innovation | | Why AI Is MIA In Most FI Fraud Departments Fraud poses a severe threat to financial institutions (FIs) and the trust their customers place in them. While artificial intelligence (AI), with its ability to find patterns in real-world scenarios (and in real time), is uniquely suited to address these risks, only 12.5 percent of FIs' fraud departments are actually using it. For the latest AI Innovation Playbook, PYMNTS surveys 200 FI decision-makers to examine the promise of this powerful fraud-fighting tool, and its adoption barriers. |
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