Digital Identity

  • A Biometric Backlash Is Underway — And A Backlash To The Backlash

    May 17, 2019 biometricsThese are exciting times for biometrics, with the authentication method(s) moving into the mainstream. But a biometric backlash is underway — and, it seems, a backlash to the backlash, at ...
  • How OnBuy Is Tackling SCA Compliance

    May 17, 2019 eCommerceMost consumers have come to expect a one-stop, one-click shopping experience, and merchants want to deliver. eCommerce innovations have been focused on removing frictions for years, and many checkout processes ...
  • Getting Millennials To Put Stock In Trading Apps

    May 17, 2019 Money laundering scandals have rocked the reputations of major financial institutions (FIs) that are consequently launching new efforts to repair their images. The Estonian branch of Danske Bank was accused ...
  • How Marketplaces Are Prepping For SCA

    May 16, 2019 Across the European Union (EU), technology providers and social media platforms are increasingly playing a bigger role in the Open Banking ecosystem. At the same time, however, many players, like ...
  • Pepsi Supply Chain Jolt Via Blockchain

    May 15, 2019 As blockchain moves farther afield from crypto connections, supply chain tracking gains traction, with Pepsi noting a significant efficiency boost in a trial tied to programmatic ads. Elsewhere, a study ...
  • As P2P Payments Spreads Its Wings, Challenges Loom

    May 13, 2019 The spotlight burned brighter for peer-to-peer (P2P) payment services in the first quarter of 2019, with those payment methods finding popularity among more consumers. However, P2P’s future growth will depend ...
  • Steering Clear Of Banking’s ‘Single Point Of Failure’

    May 13, 2019 Banking — especially mobile banking — offers ‘single points of failure’ that allow fraudsters to make off with victims’ data and money.  Karl Kilb III, CEO of Boloro, tells PYMNTS ...
  • Deep Dive: How Banks Will Become Key Verification Players

    May 10, 2019 Consumers want authentication to be both seamless and secure, and many expect online merchants to safeguard their personally identifiable information. Not all businesses are able to do so on their ...
  • People And Bank Automation — An ‘And’ Not An ‘Or’

    May 10, 2019 It is hard to argue, after five decades in existence, that the ATM hasn’t been an overwhelming success as financial products go — in fact, it has changed the face ...
  • Google To Launch Electronic IDs For Android Devices

    May 9, 2019 Google To Launch Electronic IDs For AndroidGoogle has announced that it is working on bringing electronic IDs to Android devices, according to reports. The company released the news on Thursday (May 9) on the last day of ...
  • Microsoft Passwordless Biometric Authentication Is Now FIDO2 Certified

    May 9, 2019 Windows 10Microsoft has announced that Windows Hello, its password-free biometric authentication system, has been FIDO2 certified, according to reports. FIDO2 is a cryptography-based authentication standard, and using it makes it easier ...
  • Citi Adds Biometrics To Its ‘Security Perimeter’

    May 9, 2019 biometricsA single data breach costs a business $3.86 million on average. The high risks and costs of breaches, says Tapodyuti Bose, Global Head of Channel and Enterprise Services with Citi’s ...
  • Instant IDV: Digital Security’s Next Big Thing?

    May 8, 2019 Anything that grows faces various challenges, and even choke points — those things that can directly or indirectly cut off oxygen and other fuel, and slow or even eliminate further ...
  • Why Citi Is Using Biometrics To Build Its ‘Security Perimeter’

    May 8, 2019 From company board rooms to airport boarding gates, the need for seamless authentication is putting biometrics front and center in varying use cases. With that shift, older authentication tools, such ...
  • Citi Treasury Eyes Verification Tech To Support Faster Payments

    May 7, 2019 Citi Treasury Eyes Verification Tech To Support Faster PaymentsCiti’s Treasury and Trade Solutions (TTS) is rolling out a new identity and account verification solution for corporate treasurer clients. In a press release on Tuesday (May 7), Citi announced the ...
  • Senators Oppose FTC/Facebook Settlement

    May 7, 2019 Two U.S. senators have spoken out against a reported settlement between the Federal Trade Commission (FTC) and Facebook related to the Cambridge Analytica scandal. In a letter to the agency, Senators ...
  • World Password Day Highlights (The Annoying) Endurance Of A Weak Security Tool

    May 2, 2019 Passwords: Endurance Of A Weak Security ToolAs far as marketing and education pushes disguised as pseudo-holiday type things, you could do worse than World Password Day, which is Thursday (May 2). For example, it sure beats International ...
  • Microsoft CISO Says Passwords Are Useless

    May 2, 2019 Microsoft Wallet App To Be ‘Retired’ On Feb. 28Microsoft‘s chief information security officer (CISO), Brett Arsenault, believes that when it comes to protecting companies and individuals from cyberattacks, passwords are typically useless. He should know: Microsoft handles 6.5 trillion cybersecurity incidents ...
  • Canadian Banks Adopt Blockchain For ID Verification

    May 1, 2019 Canadian Banks Use Blockchain To Verify IDSecureKey Technologies Inc., an identity and authentication provider, has announced that its Verified.Me digital ID system is now available at five Canadian banks in a mobile app, according to a ...
  • Facebook Gives Academics Access To Data

    April 30, 2019 More than 60 academics from around the world will receive access to Facebook‘s data for the first time. The social media giant, which boasts 2.4 billion monthly users, will allow academics ...
  • Are Merchants Ready For PSD2 And SCA’s 150-Millisecond Learning Curve?

    April 30, 2019 PSD2 will change – indeed is changing – online commerce in Europe and beyond. In a podcast with PYMNTS’ Karen Webster, Rob Eleveld, CEO of Whitepages, took note of how ...
  • Is A Biometric Backlash Brewing?

    April 30, 2019 ID verificationThe biometrics backlash has already begun. Local officials have started to at least consider bans on official use of facial recognition. States are moving to tighten their biometric privacy laws, following ...
  • New York AG To Launch Investigation Into Facebook

    April 26, 2019 The New York State Attorney General (AG) is reportedly launching an investigation into social media giant Facebook, focusing on the its past practice of collecting more than 1.5 million email ...
  • Why Checking The Age Verification Box Online Isn’t Enough

    April 25, 2019 Checking The Age Verification Box Online Isn’t EnoughFor a lot of businesses, “advanced age verification” isn’t really all that advanced. Instead, the industry standard is a pop-up window that says something to the effect of, “You must be ...
  • Deep Dive: Identity Verification In Online Gaming And Gambling

    April 24, 2019 Deep Dive: ID Verification For Online GamingOnline games are growing in popularity, and regulators are starting to worry as more players are using real-world currency for in-game purchases. To fend off bad actors attempting to capitalize ...
  • Winning The Arms Race Against Fraudsters — With Selfies

    April 24, 2019 It may seem like ancient history now — about four years ago, the idea that consumers, merchants, financial institutions (FIs) and payment service providers would rely on the selfie (that much ...
  • Taking Digital Authentication To The Next Level

    April 22, 2019 Taking Digital Authentication To The Next LevelGaming companies are taking digital authentication to the next level. Smart agents are rising to bring better customer service and fraud prevention to financial institutions (FI) and other digital players. In eCommerce, digital innovators ...
  • Biometrics Are The Seattle Seahawks’ MVP

    April 22, 2019 Waiting in long lines to enter sports stadiums, then again to order at concession stands, is about as synonymous to the football experience as pigskin itself. However, some stadiums, including ...
  • Seattle Seahawks Chalk Up An Authentication Win With Biometrics

    April 19, 2019 Issues with digital identity authentication can get in the way of consumers’ financial goals. Problems with a user’s digital identity could prevent them from being approved for bank loans, buying a ...
  • Ripple’s Cross-Border Offerings Gain Asia Adoption

    April 18, 2019 The competition for cross-border payments continues apace, with both SWIFT and Ripple making progress — the former in Asia, the latter in Africa. Stripe makes a bid to ease compliance ...
  • PSD2 Challenges Leave Norway, Netherlands Playing Catch-Up

    April 18, 2019 Since many European Union (EU) countries have now brought PSD2 and GDPR fully into their financial infrastructures, banks and merchants must prepare for the upcoming Strong Customer Authentication (SCA) rule ...
  • Next Steps In Payments And Privacy

    April 17, 2019 Next Steps In Payments And PrivacyAs the Internet of Things expands, new questions are emerging about consumer privacy. New thinking, meanwhile, is evolving around the use of credit card rewards. Onboarding is getting a makeover ...
  • Stripe APIs Simplify SCA For Merchants, Issuers

    April 17, 2019 Stripe has announced the launch of new products and updates that will help merchants implement the best Strong Customer Authentication (SCA)-ready authentication methods ahead of the September SCA deadline. SCA, a new regulatory ...
  • Facebook Said To Use User Data To Fight Rivals

    April 17, 2019 Zuckerberg Considering Blockchain For FacebookLeaked documents show how Facebook CEO Mark Zuckerberg used the company’s user data to bolster his site’s power, as well as fight off competitors. NBC News obtained about 4,000 pages of leaked ...
  • As PSD2 Looms, SCA Waits In The Wings

    April 17, 2019 Across the pond, eCommerce is about to weather a sea change that begins in September. PSD2 is almost here, and with it Strong Customer Authentication (SCA), which governs online checkout ...
  • Why ‘Always Be Onboarding’ Should Be The New Mantra For FIs

    April 16, 2019 Digital Onboarding Can Spark More Consumer TrustJust two generations ago, banks generally did business with people known by the financial institution’s employees and officers, lending to “people in good standing in the community,” said Stephen Maloney, ...
  • Dashlane Raises $30M In New Funding

    April 12, 2019 Dashlane Raises $30M In New FundingDashlane, a password manager and identity management solution, announced it has raised $30 million in new funding, according to reports. The funding comes from a round of debt financing from Hercules ...
  • Can Digital ID Keep Up With Online Liquor’s Sales Boom?

    April 11, 2019 Can Digital ID Keep Up With Online Liquor Sales?Securing alcohol is one of the grand adventures of life, especially if a person is younger than the legal age to buy. That’s not to put a romantic spin on ...
  • Utility Data’s New Identity

    April 10, 2019 There are plenty of high-tech ways to verify a customer’s identity — fingerprints, voiceprints, faceprints, phone data. There are even technologies built to identify a customer based purely on how ...
  • With A Nod To European Commission Pressure, Facebook Updates Data Use Disclosures

    April 9, 2019 data privacyIn the continuing saga focused on user data, how that data is used, and transparency, score one for the Europeans. In news reported early Tuesday (April 9), Facebook has acquiesced to ...

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