Bankmobile Launches with Danal to enhance mobile security

America’s largest mobile-first bank enhances app with best-in-class fraud and compliance solutions for the Financial Industry San Jose, CA, December 14, 2016–Danal, Inc., a global leader in mobile identity and authentication solutions, today announced that BankMobile is now utilizing Danal’s Mobile Identity solution. This will strengthen BankMobile’s mobile banking products by making them more secure… Read More

No credit history, no problem: Lenders look at phone data

Phone carriers and banks have gained confidence in using mobile data for lending after seeing startups show preliminary success.  Financial institutions, overcoming initial trepidation about privacy, are increasingly gauging consumers’ creditworthiness by using phone-company data on mobile calling patterns and locations. The practice is tantalizing for lenders because it could help them reach some of… Read More

NXP sees soar in activation rates for NFC transit in China

Activation rates for the NFC mobile transit solution introduced by NXP and handset manufacturer Xiaomi in China have grown more than 15% in Shanghai and over 20% in Shenzhen since services on the Mi 5 smartphone launched in June 2016. The service has subsequently rolled out to four additional parts of the country: Beijing, Guangdong Province, Wuhan and… Read More

Authentication, Strengthened and Simplified

By Peter Tapling:  Data breaches continue to increase in frequency as other fraud schemes persist, causing losses for financial institutions, merchants and customers alike. Improving identity risk management for all customer-facing channels has become imperative. However, authentication today is overly intricate. Banks must therefore consider the opportunities available to apply mobile technology to simplify authentication,… Read More