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authID Selected by Point of Sale Lender to Provide Fraud Prevention and Identity Assurance
Globenewswire· 2026-02-26 13:00
Core Insights - authID has been selected by a U.S. point-of-sale lending and payment financing platform to enhance its identity verification processes, addressing the rising threat of identity fraud in consumer retail financing [1][2] Industry Context - The selection of authID highlights the increasing demand for biometric identity assurance in the consumer finance sector as fintech platforms face challenges from organized fraud and account takeover attacks that traditional verification methods cannot effectively mitigate [2][4] - In 2024, total U.S. payments fraud losses reached $12.5 billion, with Buy Now Pay Later (BNPL) transactions accounting for 15% of all purchases, indicating a significant risk in this area [5] Company Solutions - To combat fraud, the lender will implement authID Proof™ for identity verification using government-issued IDs during onboarding and authID Verified™ for biometric authentication during account access and high-risk transactions [6] - The platform aims to detect and prevent duplicate and fraudulent applications at onboarding, secure accounts against takeover, and maintain a seamless experience for legitimate users [10] Competitive Advantage - authID's biometric identity verification offers a competitive edge in the commoditized point-of-sale lending market by replacing traditional risk scores and vulnerable authentication methods with deterministic biometric proof, enhancing fraud defenses and customer satisfaction [9] - The company's patented PrivacyKey™ architecture ensures compliance with privacy laws while providing an audit trail based on verified biometrics, further solidifying its market position [8][12] Market Potential - The deployment of authID's solutions is expected to address the high-growth, multi-billion dollar fintech market by verifying the identity of users with industry-leading biometric accuracy in under a second [8][11]
Northern Trust Enhances Dynamic Currency Hedging Capability
Businesswire· 2026-02-26 08:00
Core Insights - Northern Trust has enhanced its dynamic currency hedging capabilities by collaborating with Berenberg, allowing clients to integrate AI-based currency management strategies into their risk management options [1] - The dynamic currency hedging solution enables clients to adjust hedge ratios based on real-time market conditions and model-driven forecasts, aimed at reducing volatility and improving risk-adjusted returns [1] - The solution is available across multiple regions including the US, UK, Europe, Australia, and Canada, catering to both asset owners and asset managers [1] Company Overview - Northern Trust Corporation is a leading provider of wealth management, asset servicing, asset management, and banking services, with a global presence and assets under custody/administration of US$18.7 trillion and assets under management of US$1.8 trillion as of December 31, 2025 [1] - Berenberg, founded in 1590, is one of Europe's leading private banks, focusing on wealth and asset management, investment banking, and corporate banking [1]
港股异动 | 稳定币概念股活跃 Circle绩后暴涨35% 香港将于下月发出首批牌照
智通财经网· 2026-02-26 02:18
智通财经APP获悉,稳定币概念股早盘活跃,截至发稿,国富量子(00290)涨5.57%,报3.41港元;连连 数字(02598)涨5.21%,报7.67港元;国泰君安国际(01788)涨4.53%,报3港元;云锋金融(00376)涨 4.23%,报3.2港元;众安在线(06060)涨2.48%,报16.12港元。 消息面上,稳定币第一股Circle暴涨35.34%,创6月5日以来最大单日涨幅。其最新公布的季度业绩全面 超出市场预期,同时稳定币USDC流通量大增72%,达到753亿美元。此外,2月25日,香港特区政府财 政司司长陈茂波在立法会发表2026至2027财政年度政府财政预算案。陈茂波表示,香港已实施法币稳定 币发行人发牌制度,将在下月发出首批牌照。政府及金融监管机构会继续促进持牌发行人在合规和风险 可控的情况下,探索更多应用场景。 ...
Chime Active Members Hit 9.5M as Demand Grows for Earned Wage Access
PYMNTS.com· 2026-02-26 01:48
Chime’s fourth quarter 2025 results centered on linked trends: heavier use of the Chime Card for spending and continued growth in members treating the platform as their primary financial relationship.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS conten ...
Chime Financial Inc-A(CHYM) - 2025 Q4 - Earnings Call Transcript
2026-02-25 23:02
Chime Financial (NasdaqGS:CHYM) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsChris Britt - Co-Founder and CEODavid Pearce - VP of Investor Relations and Capital MarketsMark Troughton - PresidentMatt Newcomb - CFOSanjay Sakhrani - Managing DirectorWill Nance - VP of Equity ResearchConference Call ParticipantsAdam Frisch - Senior Managing Director and Fundamental Research AnalystAndrew Jeffrey - Research AnalystDarrin Peller - Managing Director and Senior Equity AnalystJames Faucett ...
Sezzle (SEZL) - 2025 Q4 - Earnings Call Transcript
2026-02-25 23:02
Sezzle (NasdaqCM:SEZL) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsCharlie Youakim - CEO and Executive ChairmanHal Goetsch - Managing Director and Head of FinTech and FinancialsKyle Peterson - Principal in Equity ResearchLee Brading - CFOConference Call ParticipantsAndrew Sherman - Director and Senior Equity Research AnalystMike Grondahl - Director of Research and Senior Research AnalystRayna Kumar - Managing Director and Senior AnalystOperatorGood day. Welcome to the Sezzle Inc. ...
Chime Financial Inc-A(CHYM) - 2025 Q4 - Earnings Call Transcript
2026-02-25 23:02
Chime Financial (NasdaqGS:CHYM) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsChris Britt - Co-Founder and CEODavid Pearce - VP of Investor Relations and Capital MarketsMark Troughton - PresidentMatt Newcomb - CFOSanjay Sakhrani - Managing DirectorWill Nance - VP of Equity ResearchConference Call ParticipantsAdam Frisch - Senior Managing Director and Fundamental Research AnalystAndrew Jeffrey - Research AnalystDarrin Peller - Managing Director and Senior Equity AnalystJames Faucett ...
Sezzle (SEZL) - 2025 Q4 - Earnings Call Transcript
2026-02-25 23:02
Sezzle (NasdaqCM:SEZL) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsCharlie Youakim - CEO and Executive ChairmanHal Goetsch - Managing Director and Head of FinTech and FinancialsKyle Peterson - Principal in Equity ResearchLee Brading - CFOConference Call ParticipantsAndrew Sherman - Director and Senior Equity Research AnalystMike Grondahl - Director of Research and Senior Research AnalystRayna Kumar - Managing Director and Senior AnalystOperatorGood day. Welcome to the Sezzle Inc. ...
Sezzle (SEZL) - 2025 Q4 - Earnings Call Transcript
2026-02-25 23:00
Sezzle (NasdaqCM:SEZL) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Speaker6Good day. Welcome to the Sezzle Inc. fourth quarter 2025 earnings conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by 0. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then 1 on your telephone keypad. To withdraw your question, please press star the ...
Chime Financial Inc-A(CHYM) - 2025 Q4 - Earnings Call Transcript
2026-02-25 23:00
Chime Financial (NasdaqGS:CHYM) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Speaker9Good afternoon. Welcome to Chime's fourth quarter fiscal 2025 earnings call. Following the speaker's remarks, we will open the lines for your questions. As a reminder, this conference call is being recorded and a replay of this call will be available on our investor relations website for a reasonable period of time after the call. I'd like to turn the call over to David Pearce, Vice President of Investor Relations an ...