Payments Dive

OCTOBER 15, 2024

Research from payments software firm Stripe shows credit and debit card transactions using an advanced security tool are less likely to be approved.

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Fintech Finance

AUGUST 8, 2024

Checkout.com , a leading global digital payments provider, today announced it is the first payment provider to partner with Google Pay to bring its biometric-based secure payment authentication service to merchants. In its initial roll-out, the integration with the secure payment authentication service has already proven successful.

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The Fintech Times

AUGUST 30, 2024

To speed up this process to a matter of seconds, iDenfy , the Lithuanian regtech, is launching its new ‘Face Authentication’ service. The iDenfy Face Authentication check enables businesses to onboard new customers quickly and securely. The extracted information then verifies the authenticity of the face.

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Finextra

OCTOBER 9, 2024

announced that it is making AirKey, a proven authentication technology, available to financial institutions looking to strengthen their fraud prevention measures. Today, Capital One Financial Corp.

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The Fintech Times

AUGUST 10, 2024

Checkout.com , the global digital payments provider, has become the first payment provider to partner with Google Pay , bringing its biometric-based secure payment authentication service to merchants. In its initial roll-out, the integration with the secure payment authentication service has already proven successful.

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Basis Theory

FEBRUARY 22, 2024

This is where merchant-initiated authentication (also known as requester-initiated authentication), a part of 3D secure ( 3DS ) 2.2 comes into play.

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Fintech News

MAY 14, 2024

The Evolution of Deepfakes The term “deepfake” itself reflects the technology’s foundation in deep learning and its ability to fabricate authentic-looking content by seamlessly combining and altering existing visual and audio elements.

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The Fintech Times

OCTOBER 12, 2024

Developed over the past seven years by Capital One, AirKey turns credit and debit cards into a tap-based authentication method. The new service allows customers to authenticate wherever their financial institution requires it. With AirKey, financial institutions can increase authentication success and mobile enrollment.

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The Fintech Times

OCTOBER 14, 2024

Business and tax app, ANNA has introduced biometric re-authentication procedures to stamp out cybercrime from taking place on illegally accessed accounts. To further boost security, ANNA has also added ongoing random biometric authentication checks that require a customer selfie. If the match cannot be made, the account is suspended.

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The Paypers

APRIL 26, 2024

Entrust has introduced an authentication solution consolidating identity verification (IDV) and identity and access management (IAM) into a single platform.

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The Fintech Times

OCTOBER 21, 2024

Tom and Polly return to the podcast this week, kicking proceedings off by discussing news from business and tax app ANNA , which is implementing re-authentication into its services.

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The Paypers

AUGUST 27, 2024

iDenfy , a regtech solutions provider based in Lithuania, has introduced a new face authentication service aimed at detecting fraudulent biometrics.

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Bank Automation

MARCH 21, 2024

Financial institutions must prioritize multifactor authentication as hackers take advantage of a lack of identity protection. In 2023, cyberattacks using valid credentials to gain access to user accounts increased 71% from 2022, according to IBM’s 2024 X-Force Threat Intelligence Index.

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Finextra

OCTOBER 15, 2024

De La Rue plc ("De La Rue" or the "Company") today announces that its wholly owned subsidiary, De La Rue Holdings, has entered into a definitive agreement for the sale of the Group's Authentication Division to Crane NXT, Co.

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Agile Payments

JANUARY 25, 2023

Authenticating ownership of a bank account is a crucial step in ensuring the security and integrity of financial transactions. It is a process of verifying that the person claiming to own a bank account is indeed the rightful owner.

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Payments Source

FEBRUARY 25, 2021

With mobile payments and banking apps on the rise, biometric authentication is now increasingly common in consumer finance, says Fingerprints' Michel Roig.

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Payments Dive

MARCH 27, 2020

To protect against fraud, the banking industry needs to find alternative methods for authentication beyond SMS verification.

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Payments Source

OCTOBER 13, 2020

Michael Moeser, senior analyst at PaymentsSource, talks to Christian Fredrikson, CEO of Fingerprint Cards, about the ways biometric authentication has been adopted during the coronavirus pandemic.

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The Fintech Times

APRIL 20, 2024

The wallet Within the new wallet, Waave has built a multi-factor authentication layer using the latest in biometric technology for the web. It enables customers to leverage their device fingerprint or Face ID to authenticate themselves before authorising the payment from their bank account.

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Finextra

OCTOBER 10, 2024

ANNA – which supports more than 100k UK SMEs with its all-in-one business and tax app – is one of the first financial institutions in the UK to implement trail-blazing biometric ‘re-authentication’ procedures to stop criminals from using accounts they may have accessed illegally.

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The Paypers

OCTOBER 11, 2024

Capital One has launched AirKey, an authentication technology designed to help financial institutions improve fraud prevention.

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Finextra

AUGUST 8, 2024

Checkout.com, a leading global digital payments provider, today announced it is the first payment provider to partner with Google Pay to bring its biometric-based secure payment authentication service to merchants.

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PYMNTS

OCTOBER 7, 2020

And as Entersekt Senior Vice President of Product Christian Ali told PYMNTS in a recent interview, the means by which banks authenticate their suddenly digital users must change, too. That security layer itself is only as strong as the authentication process. The way we bank is changing in the age of COVID-19.

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The Paypers

JULY 22, 2024

Estonia-based identity verification provider Veriff has augmented its Biometric Authentication solution to prevent account takeover fraud.

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PYMNTS

NOVEMBER 27, 2020

Overtaxing the royal attention span — that of the consumer — is a mistake, so multifactor authentication (MFA) processes are morphing in various ways to reduce onboarding frictions while maintaining rigorous multifactor authentication (MFA) and other fraud-fighting tools. Taking Authentication To The Streets. Phone Call For You.

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The Nilson Report

SEPTEMBER 3, 2024

The post Checkout.com First PSP to Launch Secure Payment Authentication Service from Google Pay appeared first on Nilson Report.

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The Nilson Report

AUGUST 13, 2024

Payments Forum Resource Showcases Phishing-Resistant Authentication Methods for Secure, Passwordless Future appeared first on Nilson Report. The post U.S.

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PYMNTS

NOVEMBER 20, 2020

An old Los Angeles gas station is getting a new life as a drive-thru authentication hub for eBay , according to a company statement on Friday (Nov. eBay’s first-ever "Authentication Station" can be used by sellers to verify the authenticity of frequently counterfeited merchandise like sneakers and watches.

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Finovate

JANUARY 25, 2024

Identity and authentication platform 1Kosmos launched its BlockID 1Key solution this week. BlockID 1Key is a biometric security key that provides passwordless multi-factor authentication for customer help desks, retail bank branches, and other environments deemed too sensitive to allow access to mobile devices.

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The Paypers

AUGUST 9, 2024

Checkout.com has announced its role as the first payment provider to collaborate with Google Pay on integrating biometric-based secure payment authentication for merchants.

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Payments Source

FEBRUARY 21, 2021

Without additional security measures, hackers can compromise multifactor authentication and wreak havoc on financial institutions and their customers.

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PYMNTS

FEBRUARY 13, 2020

So before we add another layer of authentication , we should ask, is this actually going to serve a purpose or solve our problem?”. What is necessary, said Xie, is a different, more holistic paradigm for fighting fraud – with a broad goal of not adding more authentication steps, but fewer. The Zero-Authentication Future.

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The Paypers

DECEMBER 23, 2022

US-based identity access management security solutions SecureAuth has partnered with IT Professional firm SystemDomain to provide passwordless authentication.

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The Fintech Times

MAY 24, 2024

Only 45 per cent of global organisations have implemented multi-factor authentication (MFA). Other notable findings for UK decision-makers Organisations have protections against identity fraud, but the UK relies on multi-factor authentication in place of more advanced technologies. childhood pets, mother’s maiden name.

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PYMNTS

JANUARY 24, 2020

Anti-fraud efforts can seem like word salad with exotic ingredients being tossed around: strong consumer authentication ( SCA ), two-factor authentication (2FA), the second Payment Services Directive (PSD2) … you get the idea. Ask consumers what they want, however, and the acronyms vanish like a metaphor for things that vanish.

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The Nilson Report

JANUARY 25, 2024

The post MagTek Introduces AES-256 Encryption with CMAC Authentication appeared first on Nilson Report.

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The Paypers

JUNE 11, 2024

Authsignal , providing an MFA and passwordless platform designed for secure authentication, has announced its partnership with AWS Marketplace.

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