back Back

Consumers are losing faith in FinTech services due to onboarding fraud, study shows

By Puja Sharma

November 07, 2022

  • APP Fraud
  • Banking fraud
  • Customer Onboarding
Share

Around 71% of consumers are less likely to trust a FinTech service that has been impacted by onboarding fraud, according to a new report by fraud risk management specialist, Pi by Paytm. Fraud risk management (FRM) platform, Pi, founded by Paytm Labs and designed to address high-volume applications for FinTechs using machine learning (ML), has […]

This article can only be read by subscribers. Subscribe to IBSi Premium or Sign in

Get access to IBSi Premium

IBSi Daily News Analysis + monthly IBSi FinTech Journal

Daily insightful Financial Technology news analysis

Weekly snapshots of industry deals, events & insights

Weekly global FinTech use cases

Chart of the Week curated by IBSi’s Research Team

Monthly issues of the iconic IBSi FinTech Journal

Exclusive invitation to a flagship IBSi on-ground event of your choice


£19.99/monthly - Subscribe Now!
Previous Article

November 07, 2022

The Monday Roundup: what we are watching this week | November 7th

Read More
Next Article

November 08, 2022

Financial services still use passwords – and it’s costing them

Read More










Weekly Case Study

Chart of the Week

FinTech insights exclusively curated by the IBSi’s Research Team

Other Related News

Today

Deepfakes and generative AI trigger more online identity verification in FS

Read More

Today

UPI transactions will dominate retail digital payments in India by 2027, PwC study reveals

Read More

May 30, 2023

Are AI chatbots useful in fighting cyberattacks?

Read More

Related Reports

Sales League Table Report 2022

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q1 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2023

£1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q1 2023

£1,500.00 / year

Know More
Treasury & Capital Markets Systems Report Q1 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022