Bonifii and Entersekt Announce New Context-Aware Authentication Solution for Credit Unions
Bonifii and Entersekt Announce New Context-Aware Authentication Solution for Credit Unions Provides context-aware biometric authentication technology to boost security and deliver seamless UX Denver, CO and Atlanta, GA [April 21, 2022] – Bonifii and Entersekt today announced a new partnership bringing context-aware authentication technology to credit unions through MemberPass Express, powered by Entersekt. MemberPass is the first KYC-compliant member-controlled digital identity issued by credit union cooperatives. With the addition [...]
Bonifii Selects Mastercard as Preferred Open Banking Provider
Bonifii Selects Mastercard as Preferred Open Banking Provider Credit unions to access consumer-permissioned data for faster, more accurate underwriting DENVER, April 25, 2022 – Bonifii today announced that is has selected Mastercard, through its wholly owned subsidiary Finicity, as the preferred open banking provider for its MemberPass® credit unions to access consumer-permissioned bank data, to inform underwriting for different loan types across mortgage, auto, personal and small business. [...]
Bonifii and Entersekt Announce New Context-Aware Authentication Solution for Credit Unions
Bonifii and Entersekt Announce New Context-Aware Authentication Solution for Credit Unions Provides context-aware biometric authentication technology to boost security and deliver seamless UX Denver, CO and Atlanta, GA [April 21, 2022] – Bonifii and Entersekt today announced a new partnership bringing context-aware authentication technology to credit unions through MemberPass Express, powered by Entersekt. MemberPass is the first KYC-compliant member-controlled digital identity issued by credit union cooperatives. With the [...]
Bonifii Selects Mastercard as Preferred Open Banking Provider
Bonifii Selects Mastercard as Preferred Open Banking Provider Credit unions to access consumer-permissioned data for faster, more accurate underwriting DENVER, April 25, 2022 – Bonifii today announced that is has selected Mastercard, through its wholly owned subsidiary Finicity, as the preferred open banking provider for its MemberPass® credit unions to access consumer-permissioned bank data, to inform underwriting for different loan types across mortgage, auto, personal and small business. [...]
For Bonifii, 2021 was about extending beyond MemberPass
In a digital world, almost every solution can be made better In other words, it rarely makes sense to try to go it alone with a technology solution. No one entity can do everything, so it’s smarter to join with other organizations that can help. As a function of these agreements, the original technology solution is made better. We’re pleased with the agreements we entered into during 2021. [...]
Liquid Avatar Technologies and Bonifii Make Verifiable Credentials Accessible for People and Financial Institutions in the Metaverse
DENVER, CO and TORONTO, November 30, 2021 / Liquid Avatar Technologies Inc. a global blockchain, digital identity, and fintech solutions company and Bonifii, the financial service industry's first transaction network for verifiable credentials, today announce that privacy-preserving financial transactions in the metaverse will soon be possible through the upcoming availability of the Bonifii credential in the Liquid Avatar Wallet. This collaboration means that the Bonifii credential can be used [...]
CREDIT UNION DIGITAL IDENTITY PROVIDER BONIFII ANNOUNCES NEW PARTNERSHIP WITH FINCLUSIVE
FinClusive’s AML/KYC capabilities create verified identity credentials that will be incorporated into MemberPass – Bonifii’s digital identity solution for Credit Unions Through this partnership, U.S. Credit Union members can now establish and maintain verifiable digital identities that enable safe, secure, and touchless experiences for many credit union services NOVEMBER 9, 2021 – Bonifii, the first verifiable exchange network designed to enable peer-to-peer services networking for financial cooperatives, and FinClusive, [...]
When digital ID is an agenda item but not a budget item, what’s your approach?
2022 strategic planning is in full swing Every credit union leader knows the process well. It’s the leadership team’s annual opportunity to focus on the big-picture items. Leaders review and discuss their vision, the operational issues they face, the new measurable performance goals, and high-priority projects and initiatives for the upcoming year. This time around, perhaps you’ll also discuss questions like: How has our members’ pandemic experience changed [...]
Bonifii increases financial inclusion with GlobaliD digital wallet and Indicio Network
Bonifii increases financial inclusion with GlobaliD digital wallet and Indicio Network Privacy-preserving credential helps onramp underbanked to traditional banking services Denver, CO — (October 25, 2021) — Bonifii, the financial industry’s first verifiable exchange network for financial cooperatives, today announced the Bonifii credential, a decentralized digital identity that provides underserved individuals with access to traditional banking services in a way that maximizes their privacy and security. Bonifii created [...]
Consumer financial behavior changes rapidly. Financial fraud changes even faster!
We all saw how drastically financial behavior changed during 2020. It’s not surprising so many people moved online, given the significant challenges associated with traditional lobby-based transactions. The more startling and unsettling thing is how financial fraud has also morphed and changed. Even while this criminal evolution happens, though, there are still elements common to all types of fraud. Content: Truth #1: Fraud grows [...]