Daon Brings Security and Convenience to Mobile Authentication (Finovate Blog)

Speaking at FinovateFall 2016 in September, Daon President of the Americas Conor White asked attendees about their own experience with cart abandonment online. “Last year, a Javelin report said that $9 billion was lost due to card fraud. That’s a problem,” White said. “But there was $118 billion in lost revenue because transactions were just abandoned or falsely declined. So do we have a security problem or a convenience problem?”

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Atom Bank Moves Up from 8th to 6th in Fintech 100 Rankings

Atom Bank is breathing new life into the banking sector by building everything digitally, forgoing branches and turning to a mobile application that uses face and voice recognition for biometric security. To say that this new way of banking is ground-breaking is an understatement and Atom is getting a lot of recognition as of late, ranking 6th on a list of 50 leading established fintech companies and 50 emerging stars compiled by Fintech Innovators. Read more about their ranking here.

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Financial Technology Innovations That Make Financial Gurus Salivate (The Huffington Post)

An article was published in The Huffington Post titled “Financial Technology Innovations That Make Financial Gurus Salivate,” written by contributor Pradeep Aradhya (@pradeep_aradhya). The article focuses on what the author thought were the most interesting demos at FinovateFall 2016 and Daon’s demonstration of IdentityX® was reviewed. The Finovate series of events showcases the best innovations that impact the banking and financial services industry through short demos and intimate networking sessions.

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Mastercard Among Forbes’ World’s Most Innovative Companies, Biometrics A Key Ingredient

Technology company Mastercard was recently named one of Forbes’ World’s Most Innovative Companies, coming it at #30 on the list and moving up 6 spots from their ranking last year. In a press release, Mastercard noted that it “anticipates more change in payments in the next five years versus the previous 50, and is fully embracing the digital transformation with new ways to pay.”

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Will selfies kill the traditional password? (BBC News)

In a world increasingly dependent on online transactions – from paying your credit card bill to setting your thermostat – web security is more important than ever. But one company says the traditional passwords don’t cut it anymore. Rajini Vaidyanathan reports on how biometric technology is being used to protect our smartphones and even our bank accounts.

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