Fintech Analyst Report - Issue 249

Sarah Mason

22 March 2022

This week we take a look at the value of voice biometrics for customer authentication as financial institutions seek to improve security and prevent fraud. We also look at fraud management in APAC and the benefits of taking an entity-centric approach to AML. Next, we examine the rise of BNPL as fintechs encroach on lending from traditional players, and review how the young are driving an increase in retail investment in Indonesia. Lastly, Gartner poses questions for those considering entering the crypto space and Aite-Novarica explores the value corporates expect from open banking. 

Javelin: Stepping up to meet consumer’s security demands 
Despite consumers recognising voice recognition as an effective authentication method, financial institutions frequently opt for more traditional methods of security. As customers increasingly engage in digital banking, how can institutions keep up with their security demands?  

Forrester: Trends impacting fraud management in APAC 
Changes in fraud patterns, customer preferences towards authentication steps and technology all impact enterprise fraud management. This report looks at how these trends are impacting the sector in the Asia Pacific region.  

Celent: The benefits of entity-centric AML 
With recent advances in data and analytics, anti-money laundering solutions are increasingly able to leverage an entity-centric approach that will improve compliance efficiency.  

Mercator: Fintech instalment lending on the rise  
Buy Now, Pay Later (BNPL) was a wake-up call to credit card issuers. Now, fintechs are moving in the same direction with instalment loans and gaining ground on banks and credit unions.  

Kapronasia: Indonesia’s youth-driven retail investment surge 
Indonesia’s digital finance boom is trickling into the retail investment sector, with new investment apps attracting a new set of younger investors to the stock market.  

Gartner: Key questions for adopting crypto 
As financial institutions increasingly consider the potential of crypto-related services, they must first understand how well-equipped they are to deliver value with the technology.   

Aite-Novarica: Open banking for treasurers should go beyond APIs
How can banks generate more value through open banking for their corporate customers? Aite-Novarica shares insights from interviews with FIs and fintechs on open banking strategies and how to approach monetising the solution. 

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