• Experian Acquires NeuroID; Forum Credit Union Partners with Apiture; France's Digital Wallet Boom

  • Aug 14 2024
  • Duración: 4 m
  • Podcast

Experian Acquires NeuroID; Forum Credit Union Partners with Apiture; France's Digital Wallet Boom

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  • Welcome to Banking on Disruption Daily for Wednesday, August 14, 2024. I’m Fred Cadena.

    First, Forum Credit Union partners with Apiture to enhance digital banking capabilities for its 162,000 members in Indiana, focusing on improved online experiences for commercial clients.

    Next, French consumers are increasingly adopting digital wallets. Millennials prefer them for online shopping, while Gen Z likes them for in-store purchases. There's also rising interest in using digital wallets for ID verification and ticket storage.

    In another story, Google introduces a new "Everything Else" feature to its Google Wallet, highlighting the increasing demand for comprehensive digital wallet solutions. Smaller banks and credit unions are urged to leverage trust and local ties to stay competitive.

    Finally, Experian acquires NeuroID, a behavioral analytics startup, to enhance its fraud risk suite. NeuroID’s solutions will now help Experian combat AI-enabled fraud through deeper insights into digital behaviors.

    That’s all for today! Thanks for tuning in to Banking on Disruption Daily. Until tomorrow, this is Fred Cadena wishing you success in your digital pursuits.
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