VISTA InfoSec

JUNE 19, 2024

Additionally, consider platforms with strong access controls, such as multi-factor authentication (MFA) to prevent unauthorized access. On top of that, strengthen user authentication with multi-factor authentication (MFA) to reduce the risk of unauthorized access.

Risk 275

Risk Ransomware Phishing MFA 275

Payments Source

JANUARY 25, 2021

Biometric authentication has always been a challenging subject with consumers, who are accustomed to using the technology to unlock their phones but are still wary about how much personal information they share with retailers and card issuers.

Contactless Payments 215

Contactless Payments Card Issuer Issuers Authentication 215

VISTA InfoSec

FEBRUARY 25, 2024

User Account Details Usernames, passwords, security questions, login timestamps, failed login attempt logs, password reset tokens, multifactor authentication details, and session IDs. Accidental data leaks by insiders mishandling information also trigger breaches frequently.

Data Breach 266

Data Breach Breach Multifactor Authentication Cybersecurity 266

The Paypers

NOVEMBER 21, 2024

Global identity verification provider Shufti has announced the launch of its Fast ID authentication and portable identity service for its customers.

Authentication 69

Authentication Verification 69

Payments Dive

SEPTEMBER 26, 2022

The use of biometrics to authenticate payments is poised to bring more security and speed to transactions, but some say broad adoption on the part of consumers and merchants is still far from reach.

Authentication 183

Authentication Payments Transactions Security 183

VISTA InfoSec

MAY 12, 2024

Encourage the use of Two-Factor Authentication (2FA) Decades of experience show that passwords only provide a small amount of security. Using at least one more authentication method alongside passwords effectively prevents hackers from employing common methods to bypass password protection.

PCI DSS 276

PCI DSS Security Compromise Best Practices 276

VISTA InfoSec

FEBRUARY 28, 2024

Today, we turn our attention to Requirement 8: Identify Users and Authenticate Access to System Components. Changes Core Requirement Authentication must use at least one of the following: - Something you know (password) - Something you have (token) - Something you are (biometrics) Same core requirement. c (v3.2.1) -> 8.2.2.c

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

VISTA InfoSec

JULY 19, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. Each TPM chip has a unique RSA key that’s embedded into it during production, which can be used for device authentication.

Cybersecurity 264

Cybersecurity Encryption Fraud Detection CHIPS 264

Fintech Finance

DECEMBER 6, 2024

Using device-based biometrics, such as fingerprints or facial scans, payment passkeys replace other authentication methods like one-time passwords (OTPs) to make online transactions not only faster and more convenient, but also more secure against fraud and scams. Upon successful authentication, the transaction is completed.

Visa 98

Visa Authentication Scams Payments 98

Payments Dive

AUGUST 15, 2022

After rolling out the bio-authentication and payment technology to a handful of stores earlier this year, the grocery chain will add it to 65 locations in California.

Authentication 145

Authentication Technology Payments 145

Fintech News

NOVEMBER 13, 2024

Citing concerns about online fraud, which occurs at seven times the rate of in-store fraud, Mastercard proposes a system that relies on tokenisation and biometric authentication, such as fingerprints and facial recognition. Click to Pay is being adopted by issuers like ING Spain and used by consumers at merchants like Pizza Hut.

Visa 141

Visa Authentication Issuers Encryption 141

Finovate

FEBRUARY 5, 2024

Authentication platform Privakey has launched its Single Sign-On (SSO) solution, Privakey SSO. The new offering enables enterprises to leverage passwordless authentication and authorization. Passwordless authentication solution provider Privakey launched its Single Sign-On (SSO) solution last week.

Authentication 105

Authentication Authorization Gateways On-Demand 105

Fintech Finance

NOVEMBER 6, 2024

As payments become more intricate, Mastercard today announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones every day.

Visa 98

Visa APACS Transactions Authentication 98

Stax

JULY 9, 2024

Fraud prevention measures, such as tokenization and multi-factor authentication, add layers of security to verify transactions and protect against unauthorized use of payment credentials. Today, most mobile wallets are already using biometric authentication, requiring the user to scan their fingerprint before the wallet can be opened.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

The Paypers

NOVEMBER 27, 2024

Dock has announced a partnership with Youverse , a company specialising in privacy-focused biometric solutions.

Authentication 68

Authentication Privacy 68

Fintech News

NOVEMBER 5, 2024

This service allows consumers to authenticate online payments using biometrics like fingerprints or facial scans, similar to unlocking a smartphone. The Mastercard Payment Passkey Service combines tokenisation, Click to Pay, and biometric authentication to offer a seamless and secure checkout experience.

APACS 109

APACS Visa Security Authentication 109

Finextra

NOVEMBER 21, 2024

In this PREDICT 2025 USA interview, Andrew Shikiar, Executive Director and CEO, FIDO Alliance, discusses how the industry has been exploring the death of the password for decades, how this conversation has evolved and where we are with passkeys today – pinpointing why making progress with eliminating dependence on passwords is of paramount importance. (..)

Authentication 64

Authentication Payments 64

The Payments Association

AUGUST 7, 2024

Entersekt was recognised as a Leading Vendor, and highest rated Authentication-Focused Vendor, in the July 2024 Liminal Link Index for Account Takeover (ATO) Prevention in Banking report. In the report, Entersekt is the highest rated Authentication-Focused Vendor for both Strategy and Product Execution. Read more

Account Takeovers 88

Account Takeovers Accounts Fraud Detection Authentication 88

Fintech News

JANUARY 17, 2024

These measures encompass additional customer authentication, cross-border transfer limit reviews, session management controls, and establishing a bank-to-bank information-sharing platform to safeguard the financial sector from evolving threats. Developing advanced deepfake detection techniques is crucial to restoring online content trust.

Deepfake 124

Deepfake APACS Scams Authentication 124

VISTA InfoSec

MARCH 28, 2024

Use strong, unique passwords and consider multi-factor authentication for an added layer of data security. Regularly update customers if your data practices change, giving them the option to opt out if they wish. Data Security To secure customer data, employ encryption for data at rest and in transit.

Data Breach 277

Data Breach Regulatory Compliance Breach Encryption 277

Fintech News

JANUARY 10, 2024

Recognising the shift towards mobile devices as a primary means of payment and financial services, IDGATE introduced iDenKey, a notable device binding technology that supports risk-based multi-factor authentication and introduced the in-app push notification mechanism.

AML 121

AML Money Laundering Authentication Procedures 121

Fintech Finance

NOVEMBER 12, 2024

Payment Passkeys will revolutionize the consumer journey by eliminating the need for One-Time-Passwords (OTPs) and enabling device-based biometric authentication methods such as fingerprints or facial scans. At Tap Payments, we are committed to providing our customers unparalleled payment experiences.

Visa 98

Visa Gateways Authentication Payment Gateways 98

The Payments Association

NOVEMBER 28, 2024

It emphasises strong customer authentication and transaction transparency. The revised regulations on strong customer authentication and liability rules are significant. Authentication: There will be stricter protocols to verify the identity of users during transactions. What are PSD3 and PSR?

Authentication 88

Authentication Regulations IBAN Rules 88

Fintech News

JULY 9, 2024

The digital token will authenticate logins without requiring an OTP, which can be stolen or tricked from customers by scammers. OTPs were introduced in the 2000s as a multi-factor authentication method to enhance online security.

Phishing 109

Phishing Scams Online and Mobile Banking Credential 109

Fintech Finance

NOVEMBER 13, 2024

Where passwords or one-time codes are obsolete, and secure on-device biometrics allow seamless authentication across devices and websites, ensuring personal data stays on the device. Imagine a future where no physical card numbers are needed for purchases.

Visa 98

Visa Authentication Payments Issuers 98

VISTA InfoSec

OCTOBER 21, 2024

Whichever cryptocurrencies you’re trading in, make sure to look for these security features in your next crypto wallet: 1) Multifactor Authentication (MFA) Multifactor authentication adds extra layers of security in addition to the typical username password.

Cryptocurrency 141

Cryptocurrency Multifactor Authentication MFA Compromise 141

Fintech Finance

DECEMBER 12, 2024

Zwipe AS, a renowned leader in biometric technology, supplied the cutting-edge cards as part of its mission to revolutionize secure authentication solutions. With Zwipe Access, biometric authentication offers a highly secure and reliable method for identity verification.

Authentication 84

Authentication Mitigation Verification Security 84

The Fintech Times

APRIL 27, 2024

We are advocates for comprehensive privacy measures, emphasising end-to-end encryption, robust authentication mechanisms, and user control over data. “One of the strengths of the PSTI Act is its focus on strong authentication mechanisms. ” Where do APIs come into this? “Another key consideration is data scoping.

API 124

API Cybersecurity Authentication Security 124

Fintech Finance

AUGUST 29, 2024

They use device-based biometric authentication methods such as fingerprints or facial scans, but for an entirely new purpose: to streamline online shopping experiences. To confirm the payment, users can use the biometric authentication mechanism features on their device – whether it’s a fingerprint, face scan or PIN.

Visa 105

Visa Security Authentication Payments 105

Payments Dive

SEPTEMBER 4, 2024

Due to lax authentication practices, a thief or hacker can easily add a stolen credit card to their own digital wallet, the study concluded.

Security 97

Security Credit Cards Authentication 97

Fintech Finance

AUGUST 5, 2024

With Zero Trust security frameworks becoming standard and requiring regular user authentication, the inherent vulnerability of passwords is evident. Leveraging our rich biometric history and core business as we expand to be a digital identity company, we aim to replace passwords with more reliable biometric authentication.

Technology 124

Technology Financial Crimes Verification Crime 124

Fintech News

MAY 20, 2024

Ensure Secure and Frictionless User Experiences with Passkeys June 18, 2024, 16:00 CEST With consumer demand for multi-factor authentication (MFA) on the rise, it’s essential for brands to adapt and offer passwordless authentication experiences.

FinTech 135

FinTech Embedded Finance BNPL AI 135

Fintech Finance

NOVEMBER 25, 2024

These transactions are initiated through existing bank authentication processes, including biometric verification, making the payment process both straightforward and efficient. “At In contrast to traditional payment methods, open banking enables any bank account holder to make fast digital payments directly to a merchant.

Visa 96

Visa Payment Gateways Payments Gateways 96

The Payments Association

AUGUST 15, 2024

Enhanced security measures, such as biometric authentication, have also made mobile payments more secure and attractive to consumers across all age groups. This growth is fueled by increasing smartphone penetration and the convenience of contactless payments, which became particularly popular during the pandemic. Read more

Wire Transfer 100

Wire Transfer Transactions Contactless Payments Wire 100

Open Banking Excellence

SEPTEMBER 25, 2024

In-Person Delegates – £555 In-Person Solution Provider – £777 Email kristy@techtrekevents.com I want to Attend!

Regulatory Compliance 130

Regulatory Compliance Fraud Prevention Cybersecurity AI 130

The Payments Association

MAY 30, 2024

PSD3 updates PSD2 to enhance electronic payment services, merging payment and e-money institutions, regulating digital marketplaces, clarifying delegated authentication, and detailing open banking API requirements Read more

Authentication 88

Authentication API Regulations Payments 88

Fintech News

AUGUST 13, 2024

New controls include additional authentication for high-risk activities, a 12-hour cooling-off period when logging into a new device, and a one-click log-out option that instantly secures the account across all devices. In addition to these updates, Wise is also enhancing its security measures.

Caps 110

Caps Cross-Border APACS Phishing 110