Account number tokenization: The next phase of consumer protection
Digital payment markets across the globe continue to rise. We see significant growth and usage in the U.S., particularly with the.
Blog
How Akoya’s managed services help ensure CFPB 1033 rule compliance
Financial institutions have begun their efforts to comply with the Consumer Financial Protection Bureau’s Section 1033 final rule on consumer data sharing and.
The role of purposeful friction in Open Finance
The success of fintechs in the past decade can be attributed, in large part, to their ability to remove friction from user.
Instant ACH verification and meeting consumer expectations
For fintech companies trying to offer innovative payment services and options to consumers, relying on the ACH network feels.
The expansion of account ownership validation methods
As of 2022, 78% of adults in the U.S. prefer to bank via a mobile app or website1. With online financial services being a.
Instant account verification with Akoya
Methods such as micro-deposits, void checks, and bank statements have long been cornerstones for verifying the authenticity of.
A consumer-first approach to account linking
For over two decades, companies have grappled with finding a safe way for consumers to share access to their financial data with.
Akoya’s commitment to data security & privacy
A common adage among cybersecurity professionals is that when it comes to data breaches, it’s not a matter of if, but when..
Customer centricity: How we prioritize customers through design
By Ajay Chaudhary, UX Designer at Akoya
The future of payments is instant
To address various commerce needs, the U.S. has a plethora of payment methods available. ACH (Automated Clearing House), Same.
Screen scraping vs. APIs: Why Akoya is 100% APIs
With data sharing between banks, financial institutions, and third-party applications on the rise, enabling technologies.
Protecting consumer data through Multifactor Authentication
The most traditional method to log into an online account is through single factor authentication. A user enters their username.