Challenger Banks
Neobanks – The neo-target for fraud?
Tuesday 22 February 2022
Dealing with cybercriminals and hackers is nothing new for banks. From identity theft to account takeovers, to phishing, evolving threats continually test even the strongest security defences. Fraud is an ever-present threat for any financial institutions, but do neobanks and challengers face unique challenges? Over time traditional banks have formalised their security processes and built
Digital identity in financial services: The fintech effect
Tuesday 23 November 2021
Traditional banks have faced challenges in moving to the forefront of embracing digital identity. Without legacy systems slowing down innovation and delaying the implementation of new tools, fintech challengers and neo-banks have been able to offer powerful ways to authenticate customers. As Manuela Sedvartaite, Innovation Manager at Santander, explains, “As a large corporation bank, we
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