Fintech Finance

NOVEMBER 28, 2024

Unlike traditional PINs or passwords, sAxess utilizes fingerprint authentication and other biometrics to ensure that only authorized individuals can access sensitive data. Its self-custody approach reduces the need for intermediaries, offering control and reduced exposure to third-party risks.

Security 116

Security Transactions NFTs Blockchain 116

Fintech Finance

MARCH 10, 2025

Upon tapping, a unique one-time code validated by Visa’s Chip Authenticate service, ensuring secure provisioning of card credentials and offering a significantly faster and more secure alternative to traditional methods.

Digital Payments 92

Digital Payments Security Payments Credential 92

NFCW

SEPTEMBER 12, 2024

VERIFICATION: The Digital Credentials API will use digital IDs to verify website users A new Digital Credentials API that will allow visitors to a website to verify their identity using a driver’s license or a national identification card stored in their digital wallet has now entered testing.

Credential 120

Credential API Authentication Privacy 120

VISTA InfoSec

FEBRUARY 25, 2024

They take advantage of vulnerable software, stolen credentials, tricked employees, business partner access, unencrypted transfers, and even insider threats to penetrate networks. Skilled hackers use sophisticated tools to exploit the slightest weakness in defenses.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

VISTA InfoSec

JUNE 18, 2024

A crafty hacker could infiltrate accounts secured by flimsy credentials. In addition to access control, fortify your defenses with Multi-Factor Authentication (MFA). Simplistic credentials are entry points for hackers. Steer clear of easily guessable codes like pet names or birth dates. Paper password hygiene is also crucial.

Data Security 266

Data Security Security Encryption Cybersecurity 266

The Fintech Times

MARCH 10, 2025

Upon tapping, a unique one-time code is validated by Visa’s Chip Authenticate service, ensuring secure provisioning of card credentials and offering a significantly faster and more secure alternative to traditional methods.

Digital Payments 69

Digital Payments Security Credential CHIPS 69

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.

Multifactor Authentication 76

Multifactor Authentication Authentication Credential Accounts 76

Finextra

AUGUST 15, 2024

announced the implementation of its credential stuffing protection into its digital banking platform challenge-response authentication process. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S.,

Credential 59

Credential Authentication Process Technology 59

The Paypers

APRIL 25, 2024

Identity proofing and passwordless authentication company 1Kosmos has announced the expansion of its offering with the launch of a Credential Service Provider (CSP) managed solution.

Credential 50

Credential Authentication Service Provider 50

The Payments Association

JANUARY 22, 2025

Electronic forms of authentication and identification help individuals to access these services smoothly and quickly. Building upon this framework, the EU Digital Identity Wallet Consortium (EWC) is leveraging the potential of the proposed EU digital identity to develop digital travel credentials.

Security 88

Security Online and Mobile Banking Credential Verification 88

The Fintech Times

NOVEMBER 11, 2024

This integration provides American Express customers with greater control and transparency over how they share their financial data, using secure authentication without needing to share credentials.

Security 59

Security Credential API Privacy 59

VISTA InfoSec

JUNE 3, 2024

Credential stuffing , a form of cyberattack where attackers use stolen credentials to gain unauthorized access to user accounts, highlights the need for strong password policies. Multi-Factor Authentication (MFA) Implementing multi-factor authentication (MFA) adds an extra layer of security to the authentication process.

MFA 130

MFA Credential PCI DSS Compliance 130

PYMNTS

NOVEMBER 24, 2020

This is leading many to utilize two-factor authentication (2FA) methods to safeguard customers’ personal information. The company recently announced that it would allow its customers to sign in to their accounts using SMS-based 2FA, with customers supplying their credentials as well as codes sent to them via third-party app or text message.

Authentication 108

Authentication Consumer Online and Mobile Banking Verification 108

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

The Fintech Times

DECEMBER 18, 2023

As a result of AI and other emerging technologies, the need for accurate and secure authentication is at an all-time high. Tending to this need, Zally , the continuous authentication platform, is building up for its launch in 2024. This is instead of traditional authentication which takes place solely at the point of login.

Authentication 64

Authentication Continuity Security Account Takeovers 64

The Fintech Times

MARCH 24, 2025

messaging, routing, authentication, credential lifecycle, and retries). Powered by over 20 billion data points and insights from Checkout.coms global network, Intelligent Acceptance applies numerous optimisations at every step of the payment process (e.g,

Credential 59

Credential On-Demand Authentication Digital Payments 59

PYMNTS

FEBRUARY 14, 2019

Online authentication is only as good as its weakest link. Against a backdrop where transactions are on the rise, but have a weak foundation, it makes sense that authentication should be done separately — indeed, wholly disconnected — from the internet, said Kilb. Flash texts requesting authentication ask for PINs.

Authentication 60

Authentication Transactions Online and Mobile Banking Credential 60

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. Those who have not yet activated their digital tokens are encouraged to do so to reduce the risk of credential phishing.

Phishing 107

Phishing Scams Online and Mobile Banking Credential 107

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 107

APACS Visa Security Authentication 107

The Fintech Times

DECEMBER 18, 2023

They predict that social engineering attacks will surpass ransomware in 2024 due to increased sophistication, AI tools and emerging techniques, leading organisations to bolster cybersecurity defences with AI, scenario testing and multi-factor authentication.

Cybersecurity 139

Cybersecurity Ransomware RDC Credential 139

Fintech News

NOVEMBER 12, 2024

Visa unveils suite of new products and services Visa announced a suite of new products and services aimed at transforming the future of payments in the Asia Pacific (APAC) region: Visa Flexible Credential allows a single card to switch between various payment options, such as debit, credit, installment payments, or rewards redemption.

FinTech 107

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 107

PYMNTS

OCTOBER 24, 2018

For Tern Commerce, clearing those hurdles previously meant manually reviewing identity documents and other credentials, which is both expensive and time-consuming. This pushed Bonkowski and his team to explore digital authentication solutions to protect its global user base. Onboarding Global Consumers. Protecting Purchases.

Authentication 66

Authentication Push-to-Card AML Debit Card 66

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

PYMNTS

NOVEMBER 30, 2020

One source, writing for ZDNet, claimed to have confirmed the authenticity of at least two such accounts, although the Engadget report notes that it was unable to verify this for every victim. The accounts could also be used for blackmail, and intruders could be used to undermine email-based two-factor authentication, the Engadget report says.

Business Email Compromise 116

Business Email Compromise Addressing Scams Ransomware 116

The Fintech Times

MAY 17, 2024

Visa Flexible Credential A Visa study found that more than half of card users want the power to access multiple accounts through a single credential. The Visa Flexible Credential will allow a single card product to toggle between payment methods, putting the power of choice in the hands of the consumer.

Product 128

Product Consumer Online and Mobile Banking RTP 128

Fintech News

MARCH 19, 2024

This collaboration will see Accredify integrating Okta’s advanced identity management solutions, including Single Sign-On (SSO) and Multi-Factor Authentication (MFA), to benefit its clientele. ” said Austin Arensberg, Senior Director at Okta Ventures.

MFA 107

MFA Deepfake Credential Privacy 107

Fintech News

NOVEMBER 5, 2024

One of the central products, Visa Flexible Credential , allows a single card to switch between various payment options—such as debit, credit, installment payments, or rewards redemption. Consumers can also set parameters for their preferred payment methods within the single credential, adding further flexibility.

Product 107

Product Cross-Border Cross-Border Payments Credential 107

Fintech Finance

MARCH 3, 2025

Visa has also developed Tap to Confirm, which allows consumers to quickly and securely authenticate a high value transfer and Tap to Send and Request money, a feature that allows you to tap your physical card or card credential to a device wallet on a friends phone to securely send and receive money quickly and seamlessly.

Point-of-Sale (POS) 59

Point-of-Sale (POS) Contactless Payments Small Business Credential 59

Fintech News

SEPTEMBER 17, 2024

SFV will be used in high-risk scenarios to complement existing authentication methods during DT setup. It will verify a customer’s identity against national records using a face scan before activating their DT, making it significantly harder for scammers to hijack accounts using stolen credentials.

Verification 111

Verification Scams Financial Crimes Phishing 111

PYMNTS

NOVEMBER 25, 2020

The SEC warned in October that cyberattacks on corporations had been increasing, and businesses were advised to include multi-factor authentication to prevent credential compromises.

Cybersecurity 121

Cybersecurity Credential Compromise Authentication 121

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.

Authentication 52

Authentication Phishing User Authentication Interoperability 52

PYMNTS

MARCH 10, 2020

Digital identity solutions are becoming more and more commonplace, especially as consumers grow increasingly aware of the weaknesses of authentication methods like passwords. NatWest Launches Card-Mounted Fingerprint Readers For Contactless Authentication.

Contactless Payments 109

Contactless Payments Authentication Law Enforcement Cross-Border 109

VISTA InfoSec

JUNE 27, 2024

A joint investigation by Mandiant, Snowflake, and CrowdStrike revealed that Sp1d3r tracked as UNC5537, used stolen customer credentials to target at least 165 organizations that had not enabled multi-factor authentication (MFA) on their accounts.

FBI 130

FBI Breach MFA Cybersecurity 130

Neopay

FEBRUARY 3, 2025

Key features and benefits My FCA will provide firms with one central location for essential regulatory tasks. Key benefits include: Viewing scheduled tasks See due dates and statuses for RegData and Connect obligations.

Compliance 52

Compliance Credential Regulations Authentication 52

The Fintech Times

NOVEMBER 6, 2024

These include: Visa Flexible Credential – This enables a single card product to toggle between payment methods. Visa Payment Passkey – Enables consumers to authenticate their identity, and authorise payments, by scanning their biometrics. For online shopping, Visa passkeys replace passwords or one-time codes.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

Payments Source

JULY 9, 2018

All service providers, even those with a strong security posture, are only as secure as the Home Depots, LinkedIns and Equifaxes of the world, argues George Avetisov, chief executive of HYPR.

Data Breach 67

Data Breach Credential Breach Service Provider 67

PYMNTS

JUNE 8, 2020

Tightening Authentication. FIs must use highly secure methods to authenticate customers’ identities and make it difficult for cybercriminals that manage to steal customer information to pass themselves off as legitimate customers. MFA requires customers to prove their identities by providing at least two types of credentials.

Authentication 60

Authentication MFA Phishing Scams 60