Ingenico’s Post

Elevate Banking Experiences with Next-Generation PIN Pad Technology Fraud prevention in #banking is more critical than ever, with #financial fraud up 159% since 2018, prompting stricter compliance with regulations. Next-generation #PINpads enhance security, speed up authentication, and support a better customer experience with cutting-edge technology and durable, user-friendly designs. https://ow.ly/fnec30sHBwR

To bolster collaboration within the financial ecosystem in the fight against digital banking fraud, privacy-enhancing technologies (PETs) are a game changer.💡 The arms race between fraudsters and financial institutions is starkly asymmetrical. While fraudsters collaborate seamlessly within syndicates, financial institutions often face challenges such as data-sharing constraints and compliance requirements. The complex challenge of data security often pits innovation against privacy – #PETs resolve this by allowing financial institutions to share critical insights without compromising customer data and tackle fraud more effectively. In our latest spotlight, we explored essential strategies financial institutions must adopt, including considering the nature of fraud, the types of data they handle, the collaborative dynamics with partner organizations, and much more. The right mix of tech can elevate trust, ensure customer safety in an ever-evolving landscape, and fortify banks' fraud defense strategies. To dive in deeper, read more here: https://lnkd.in/ddqb7gUM #digitalsecurity #fraud #banks #collaboration

Discover how facial recognition is reshaping the future of banking! 🏦✨ From enhancing security to streamlining processes, facial recognition technology offers transformative benefits across various banking use cases. Here’s how: Effortless Login: Skip the hassle of remembering passwords with secure, one-touch access using facial recognition. Seamless Onboarding: Open new accounts or apply for services with just a glance, making the process faster and more secure. Enhanced Security: Protect your accounts from fraud with biometric verification that’s more secure than traditional methods. Quick Transactions: Authorize high-value transactions or payments swiftly and safely with a simple facial scan. Fraud Detection: Identify and prevent unauthorized access or suspicious activities with advanced facial recognition technology. Step into the future of banking with facial recognition and experience security and convenience like never before! Learn More: www.helloverify.com #BankingInnovation #FacialRecognition #SmartBanking #HelloVerify #DigitalSecurity #FutureFinance #TechRevolution

Check fraud has been on the rise, and innovation is required for FIs to stay ahead of this threat. Mitek's Check Fraud Defender uses advanced AI and computer vision technology to examine over 20 check elements, from fake signatures to altered amounts, keeping your transactions safe. It integrates easily with your KYC and fraud detection processes, making it a crucial ally in digital banking. Learn about the surge in check fraud and how Check Fraud Defender is tackling it from Mitek's VP of Digital Banking Strategy, Kerry Cantley: https://bit.ly/3vLwQh6 #CheckFraudDefender #BankingSecurity #MitekSystems

🤖 Generative AI and other advances in technology give both financial institutions and fraudsters a big leg up. FIs need modern fraud prevention tools to detect and prevent the latest fraud attacks. Dewald Nolte, our Chief Strategy Officer, explains that FIs should partner with providers that innovate ahead of evolving fraud, enabling banks to easily verify their real customers. ✔️ Learn more about Entersekt's cutting-edge digital banking and payment fraud prevention solutions 👉 https://gag.gl/Bwb28A #BankingFraudPrevention #DigitalBanking #FintechInnovation

🤖 Generative AI and other advances in technology give both financial institutions and fraudsters a big leg up. FIs need modern fraud prevention tools to detect and prevent the latest fraud attacks. Dewald Nolte, our Chief Strategy Officer, explains that FIs should partner with providers that innovate ahead of evolving fraud, enabling banks to easily verify their real customers. ✔️ Learn more about Entersekt's cutting-edge digital banking and payment fraud prevention solutions 👉 https://gag.gl/Bwb28A #BankingFraudPrevention #DigitalBanking #FintechInnovation

🤖 Generative AI and other advances in technology give both financial institutions and fraudsters a big leg up. FIs need modern fraud prevention tools to detect and prevent the latest fraud attacks. Dewald Nolte, our Chief Strategy Officer, explains that FIs should partner with providers that innovate ahead of evolving fraud, enabling banks to easily verify their real customers. ✔️ Learn more about Entersekt's cutting-edge digital banking and payment fraud prevention solutions 👉 https://gag.gl/Bwb28A #BankingFraudPrevention #DigitalBanking #FintechInnovation

🤖 Generative AI and other advances in technology give both financial institutions and fraudsters a big leg up. FIs need modern fraud prevention tools to detect and prevent the latest fraud attacks. Dewald Nolte, our Chief Strategy Officer, explains that FIs should partner with providers that innovate ahead of evolving fraud, enabling banks to easily verify their real customers. ✔️ Learn more about Entersekt's cutting-edge digital banking and payment fraud prevention solutions 👉 https://gag.gl/Bwb28A #BankingFraudPrevention #DigitalBanking #FintechInnovation

With the widespread shift to digital banking and e-commerce, fraud teams have seen a sharp increase in card transaction fraud. Since 2014, card transaction fraud has increased by an average of 8.9% per year. So how can organizations protect themselves? Mastercard and Finextra have collaborated to produce an 8-step game plan on how to modernize your infrastructure, balance the sweet spot between innovation and security, and much more! Download the report to learn more: https://mstr.cd/4eYT94I #AI #ArtificialIntelligence #FraudProtection #Innovation

🤖 Generative AI and other advances in technology give both financial institutions and fraudsters a big leg up. FIs need modern fraud prevention tools to detect and prevent the latest fraud attacks. Dewald Nolte, our Chief Strategy Officer, explains that FIs should partner with providers that innovate ahead of evolving fraud, enabling banks to easily verify their real customers. ✔️ Learn more about Entersekt's cutting-edge digital banking and payment fraud prevention solutions 👉 https://gag.gl/Bwb28A #BankingFraudPrevention #DigitalBanking #FintechInnovation