Why Does Alternative Credit Scoring Help Consumers?
EXCLUSIVE— As fintech progresses, consumers are flocking to digital services and products, which all rely on the same thing: data. ...
Tag: data
What Kind of Data Do Credit Monitoring Services Use to Make Customer Recommendations?
EXCLUSIVE— How do credit recommendations really work? As services such as Credit Karma, one of the larger credit monitors, increasingly ...
Nordea Uses Biometrics Authentication to Protect Consumer Data
Norwegian bank, Nordea is replacing token passwords with biometric authentication for its employees dealing with confidential customer data. For this, ...
TIO Networks Data Breach Compromised 1.6M Customers, PayPal Says
One of PayPal’s recent acquisitions, payments processor TIO Networks, has suffered a data breach that puts the information of 1.6 ...
National Bank of Australia to Hire 600 Tech Experts to Compete with Fintech Industry
The National Bank of Australia (NAB) will create 600 new technology jobs. This announcement comes just a few weeks after ...
Legacy is Not an Innovation Barrier — But Data Is, Microsoft Says
EXCLUSIVE- "Legacy" is a bit of dirty word when it comes to banking innovation, but some companies, like Microsoft, are ...
Banks Need to Focus on Data, Not Technology, RBC Says
EXCLUSIVE--Future banking innovations aren’t going to depend on what technology financial institutions are using, but on what data is underlying ...
Credit Needs to Fix its Customer Experience Along with its Security, Final Says
EXCLUSIVE— As recent hacks such as Equifax demonstrate, credit providers have work to do to gain back consumer trust, and ...
Mastercard’s ‘Early Detection System’ Will Alert Banks of At-Risk Credit Cards
EXCLUSIVE—Preventing fraud is an ongoing battle, and Mastercard wants to make it a little easier for card issuers with the ...
Will Fintech Interest Swing Back to Active Investing? [PODCAST]
Two distinct streams have surfaced in fintech: passive and active investment. Betterment is the poster child for passive investment, recently ...
