Acxiom has launched a beta offering for retail merchants, corporations, financial institutions and other organisations that wish to offer a privately branded identity card to their customers.
“Businesses should benefit with a decrease in internal consumer authentication and fraud detection costs if they encourage their customers to adopt a digital identity card,” said Tim Christin, senior vice president of Acxiom’s risk mitigation division. “And in turn, their customers should benefit by the streamlined online experience with a single sign-on system, the elimination of user names and passwords, and the reduced risk of identity fraud.”
A business can allow patrons to apply for the identity card by simply logging on to the business’s website. The consumer is prompted to answer a series of authentication questions that validate the user’s identity. After the user’s identity is authenticated and validated, the digital identity card is activated for storage on the consumer’s personal computer.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more