The digital drive to replace the passport in financial services

February 17, 2020

Despite the onward march of technology, especially in the financial services sector, methods of authentication and identity confirmation appear to be falling behind the curve. While biometrics may be making inroads into the industry, the passport and the paper document remain the dominant way that many organizations authenticate their users via know your customer (KYC) checks and controls, which have become an ever-more important factor in a banks’ success.

Spotlight

PAN bank

Mission To be a sustainable bank that inspires Employees to surprise customers. Vision The agile and uncomplicated bank, which surprises.

OTHER WHITEPAPERS
news image

How to think strategically about digital transformation and data privacy in financial services.

whitePaper | February 1, 2020

Traditional financial services firms around the globe — banks, insurers and asset managers — need to embrace both digital transformation and data privacy simultaneously to thrive in the coming decade. These two objectives are deeply intertwined because the success of digital transformation programs is highly dependent on an organization’s ability to engage with personal data, including data privacy compliance and ethics issues.

Read More
news image

TRADE AND STOCK-FINANCE

whitePaper | November 5, 2019

Trade finance in its simplest form is when an exporter requires an importer to prepay for goods shipped. This gives the importer two main challenges. The first is that prepaying for goods from places such as China or India, for example, will seriously impact the company’s cash flow due to the long shipping times involved. The second challenge is how does the importer reduce the risks of paying for goods in advance? These two challenges are mainly resolved by the importer’s bank or independent trade finance provider providing a letter of credit to the exporter, or the exporter’s bank, guaranteeing payment upon presentation of certain documents. These documents may include a bill of lading.

Read More
news image

AWS User Guide to Financial Services Regulations and Guidelines in New Zealand

whitePaper | May 31, 2022

This document provides information to assist financial services institutions in New Zealand that are regulated by the Reserve Bank of New Zealand as they accelerate their use of AWS Cloud services.

Read More
news image

Fintech on Alibaba Cloud

whitePaper | May 17, 2021

The FinTech industry has undergone a period of rapid growth, thanks to advancing digitization and the integration of smart devices into our day-to-day lives. As a result, a range of innovative e-lending and e-payment solutions now exist, helping customers around the world gain access to these financial services. This is especially true in emerging markets, where traditional financial services companies are not growing quickly enough or providing the level of ubiquitous that FinTech companies can seamlessly provide, thanks to their impressive accessibility. Learn how the Alibaba Cloud FinTech on the Cloud solution can boost end user satisfaction and expedites their time-to-market.

Read More
news image

The State of AR: Trends, Headwinds & Opportunities

whitePaper | June 7, 2022

In partnership with BlackLine, 360 Thought Leadership Consulting conducted the original survey: The State of AR: Trends, Headwinds & Opportunities. The objectives of this study are to assess the strategic role that accounts receivable is currently playing and why, benchmark top AR priorities and challenges in 2022, and evaluate the role that technology will play in delivering AR success in 2022 and beyond. The cross-industry survey was launched in April of 2022 and focused on companies headquartered in the United States of America. We surveyed 260 participants with roles including AR.

Read More
news image

Accelerating Digital Payments in Latin America and the Caribbean

whitePaper | May 20, 2022

They shape how people spend and save and many of their daily interactions. With the onset of the global COVID-19 pandemic, the value of digital payments for individuals and businesses became even more apparent. In Latin America and the Caribbean (LAC) digital payments emerged as the preferred method of purchase: e-commerce grew 18% in 2020.

Read More

Spotlight

PAN bank

Mission To be a sustainable bank that inspires Employees to surprise customers. Vision The agile and uncomplicated bank, which surprises.

Events