The value of our Verified biometric authentication platform was on prominent display in Fintech Futures Banking Tech recent award to Hamilton Reserve Bank (HRB) for “Best Use of Risk, Compliance & Fraud Protection Technology”. The authID Verified platform competed...
Over the past two years, businesses of all sizes across many industries have experienced the demand for rapid digital transformation. At the same time, our collective increased reliance on digital networks created an open season for cybercriminal opportunists to...
In our May 30, 2021 blog, Why Organizations Need to Eliminate Passwords – Once and For All, we talked about how passwords have become a gateway to security risks. A few successful cyber breaches stand out on this front. In early 2020, hackers infiltrated the file...
During the fintech industry conference Money 20/20 USA, authID.ai and independent market research firm Market Measurement conducted a survey of 113 technology and banking decisionmakers to assess attitudes toward legacy and cutting-edge identity authentication...
Financial technology or “FinTech” has disrupted traditional banking providers by making financial processes easier, faster, and more convenient for users. The adoption rate for FinTech around the world grew from 16% in 2015 to 64% in 2019, according to Ernst and...
Adopting a remote work setup allowed companies and businesses to continue operations while observing quarantine protocols during the COVID-19 pandemic. As the 2020 Future of Work report shows, many executives and recruiting professionals have worries about the health...
https://www.temenos.com/news/2021/08/24/hamilton-reserve-bank-completes-temenos-end-to-end-digital-transformation/
Advancements in conversational artificial intelligence coupled with the growing consumer demand for better remote customer assistance are driving the adoption of chatbots across industries. Intelligent chatbot applications perform online sales, customer support, and...
Enterprises have long used passwords as a deterrent against bad actors trying to access their systems. However, with the many changes transpiring in the digital world, passwords have become a gateway to security risks and a source of frustrations among modern...
The accelerated growth of digital financial services, especially during the COVID-19 pandemic, has challenged banks and financial technology (“fintech”) firms to provide a seamless and secure method of authenticating the identity of their customers. Fintech and banks...
Electronic health record (EHR) systems have streamlined medical practice workflows, enabling clinicians and other medical staff to coordinate and facilitate healthcare processes such as prescribing medications. Through EHR systems, prescriptions can be generated and...
The move to legalize cannabis in the United States has rapidly progressed in recent years. In the last year, Arizona, Montana, New Jersey, New York, and South Dakota legalized the sale of cannabis for recreational adult use, with South Dakota and Mississippi also...
The travel and shared living industries are among the hardest-hit sectors of the economy during the COVID-19 pandemic. Travel restrictions, physical distancing mandates, and social gathering limitations reduced in-person operations, forcing airlines, hotels, and room...
Video and audio streaming platforms have been on the rise since before the COVID-19 outbreak. They enable legal access to various media content with greater viewer convenience. Similarly, the online gaming industry has increased its user base, especially with the...
Share-based businesses have grown rapidly over recent years, with many analysts expecting this market to continue booming. According to Statista, the global sharing economy's value is forecasted to reach $335 billion by 2025, from $15 billion in 2014. Moreover, PwC...
The travel industry is one of the hardest-hit sectors of the economy during the COVID-19 pandemic, with air travel suffering the biggest falls. According to the US Travel Association, international travel spending in the United States decreased by 76% in 2020, while...
