Category: Fintech

Ekata

Digital Account Opening is Where the Competition Starts

Original authors are Trenton Spratling, Global Account Director at Ekata, and Wendy Hokanson, Global Head of the Financial Services Market Segment at Ekata Looking back in the last year, there were definitely a lot of changes that were attributed to the pandemic.  Yes, the pandemic may have accelerated certain industries and certain behaviors but that […]

6.17.2021

Ekata

How a Probabilistic Approach to Know Your Customer Increases Efficiency

Original author is Kurt Weiss, Director of Enterprise Sales at Ekata   Working in the identity verification space, I am often asked by financial institutions for information regarding our “email-to-name” coverage. While I’ll take any opportunity to boast about how Ekata’s 20+ years of data sourcing has created one of the most intelligent identity graphs […]

3.4.2021

Ekata

The Good Borrowers Inside the Belt

Online lenders are not risk averse. With average default rates looming around 30%, they’re conditioned to accept a certain amount risk. However, the reward (in the form of high interest rates) makes the risk of potential default worth lenders’ while. The one risk lenders cannot tolerate is fraud. We know that roughly 1 in 3 […]

6.8.2017

Ekata

Identity Proofing in the World of FinTech

In recent months, there has been a marked uptick in conversation about ‘FinTech,’ technology that aims to make financial services more efficient. The discussion can skew favorably or unfavorably, but always with the undercurrent of uncertainty. While nobody can foresee future regulations, industry growth and sustainability, and what exactly defines FinTech (what is included in […]

6.29.2016

Ekata

Fintech Takes the Fast Lane with Identity Verification

It’s so easy now, isn’t it? With just a tap on a mobile phone, we can apply for a lower interest rate on a student loan, borrow funds quickly for the honeymoon, or purchase new electronic devices for the office.  A few simple taps and the cash can be into your account quickly. We have Fintech […]

5.16.2016