article thumbnail

Vyne raises $15.5M seed round to grow its merchant-focused open banking solutions

TechCrunch

Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment. The sizable seed round from strong investors is due to a few factors. million to help it grow. million to help it grow.

Banking 207
article thumbnail

The ultimate guide to mobile banking app development in 2024

Openxcell

billion smartphone users worldwide, it’s imperative for banks and financial companies to develop products and services that can be easily accessed via mobile devices. During the past few years, mobile banking apps have grown in significance. Mobile banking app development: why should businesses invest in it? With over 6.9

Banking 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How Biometric Authentication Is Revolutionizing the Mobile Banking Industry

Xicom

Due to Apple’s work on inbuilt Biometric authentication system using finger prints or other methods in its iPhone and iPad devices, there is a huge opportunity for any iPhone Development Company to develop mobile apps with Biometric Authentication support. Latest Trends in Biometric Landscape.

article thumbnail

Securing Azure Service Bus

Xebia

This is particularly important for Service Bus as it often forms a part of a larger system. Security requirements may vary depending on the use case; for instance, a banking solution would have different security needs compared to a solution for a local bakery. By default, Azure Service Bus supports TLS 1.2 Initially, it was TLS 1.0,

Azure 162
article thumbnail

Cybersecurity Snapshot: How To Boost the Cybersecurity of AI Systems While Minimizing Risks

Tenable

As nations and organizations embrace the transformative power of AI, it is important that we provide concrete recommendations to AI end users and cultivate a resilient foundation for the safe development and use of AI systems,” she added. of the market Large enterprises account for 72.4%

article thumbnail

How to Create a Banking Application from Idea to Ready Product?

Existek

How does mobile banking impact the future of the financial industry? Why do banks and financial institutions recognize the potential to offer mobile app services to their customers? Check this article on how to build a mobile banking app and discover the opportunities it opens for your business.

Banking 52
article thumbnail

3 examples of organizations improving CX with self-composed AI

CIO

A bank enhances CX, improves data protection, and reduces costs with AI-powered digital ID verification. Traditional identity verification methods like knowledge-based authentication (e.g. In this exploratory case, an interested student (let’s call him Mark) contacts the university to review his options for the upcoming semester.

Examples 188