Fraud is an ever-evolving threat. Not every fraud monitoring tool on the market can keep pace with the new schemes constantly popping up. That’s why it’s essential to deploy the right fraud solution – but to be successful, there are many factors to consider. Regulatory compliance will always play an important role when deciding the must-haves in your fraud monitoring… Read more


The open banking trend continues around the world, and most recently, the U.S. has taken another step towards adopting the policy. On July 31, the U.S. Department of Treasury published a detailed report, titled A Financial System That Creates Economic Opportunities: Nonbank Financials, Fintech, and Innovation that will likely serve as the catalyst for open banking in the United States. The Department… Read more


In the world of B2B tech, getting to know a company as a vendor and corporate citizen is as important as vetting its products and services. While a company’s mission statement and brand promise provide insight into its guiding principles, companies are like people in that their actions tell the story of who they are. At OneSpan, that story happens… Read more


September 17, 2018 - Sarah Van de Vyver

Recently, the FIDO Alliance (Fast Identity Online) announced the availability of its FIDO2 protocol. What is this, how does it impact the traditional login password, and why should financial institutions (FIs) pay attention? FIDO: Eliminating the Traditional Password Improving the overall user experience and removing friction is key for financial institutions deploying online and mobile applications. User experience has a… Read more


Adaptive authentication represents the cutting-edge of authentication technology, and Intelligent Adaptive Authentication (IAA) sits at the forefront. It allows financial institutions (FIs) to break the balancing act between mitigating fraud and encouraging growth. Fraud mitigation has traditionally been perceived as a trade-off between security and user experience: If FIs tighten their security measures, they will prevent more fraud – but… Read more


Legal Update

There is a lot happening in regards to regulation for financial institutions (FIs) around the globe. In many countries, there is a drive for further regulation; meanwhile in the U.S., we are seeing bank regulation reform and deregulation, as evidenced by the repeal of the Dodd-Frank Act. Below, we’ve compiled the top regulations, laws, and standards that impact financial institutions… Read more


Fornite on Mobile

CEO Tim Sweeny of Epic Games, the publisher of the wildly popular Fortnite game, is on a mission to “advance the openness of all platforms” – not to mention side-step Google’s 30% take of developer proceeds – by distributing Fortnite for the Android platform via their website rather than the Google Play store. I applaud a maverick challenging the status… Read more


August 14, 2018 - Frederik Mennes
overlay attacks

The growth of mobile technology and the increased importance of cybersecurity have dominated news cycles in the past year. At the same time, one of the biggest threats we’re seeing against mobile are overlay attacks – combining social engineering with inherent security weaknesses found in mobile apps, these attacks take advantage of users to trick them into sharing sensitive data…. Read more


multifactor authentication

It’s remarkable just how many significant security breaches could have been prevented if only multifactor authentication technology had been deployed. A lack of strong authentication is the reason behind the recent breach of the popular mobile app Timehop, which lets users see social media posts from the same date in previous years. The breach exposed the credentials, phone numbers and… Read more


Chili's and Macy's teach very different lessons about breach response

Each new day seems to bring a revelation of another data breach. They happen with such frequency now that they have become commonplace and the media and their readers seem to be losing interest. However, two recent breaches warrant additional attention as a learning opportunity for the remarkable contrast in how each was handled by the companies that suffered them:… Read more