FICO

JULY 27, 2020

As consumers, most of us still consider facial recognition the current state of the art for authentication. Here’s why it matters: Authentication is used for a lot more than unlocking your phone. To better protect these transactions from fraud, new biometric measures can now authenticate that it’s really you who’s using your phone.

Authentication 52

Authentication Online and Mobile Banking Non-Bank Enrollments 52

CB Insights

APRIL 18, 2022

Download our free report to get the TL;DR on what you need to know about venture funding and trends in Q1 2022. The post Facial biometric identity authentication provider Unico hits $2.6B the state of venture report. First name. Company name. Phone number. Want the full post? Become a CB Insights customer. valuation.

Authentication 67

Authentication Participant Research Posting 67

PYMNTS

MARCH 6, 2019

While consumer satisfaction with authentication differs across sectors, financial services topped other markets in a recent report. percent: Share of financial services and eCommerce customers who expressed satisfaction with having to provide a password and code for authentication.

Consumer Authentication 43

Consumer Authentication Authentication Consumer B2B 43

PYMNTS

NOVEMBER 30, 2018

The collaboration will enable PNC users to access GIACT’s real-time fraud prevention capabilities, including transaction authentication and verification, to ensure that transferred funds reach their destinations. To read the full story, download the November Digital Fraud Tracker. About The Report.

Authentication 74

Authentication Fraud Prevention Cybersecurity AI 74

PYMNTS

NOVEMBER 24, 2020

This is leading many to utilize two-factor authentication (2FA) methods to safeguard customers’ personal information. For more on these and other onboarding items, download this month’s Tracker. . It also found that just 16 percent of U.S. Embr Labs On Reducing Cart Abandonment, Boosting Sales Using Text Messaging.

Authentication 108

Authentication Consumer Online and Mobile Banking Verification 108

PYMNTS

OCTOBER 23, 2019

This means authenticating a consumer has turned into something of a tricky and delicate process. Two-factor authentication leveraging SMS (texting) is billed as more effective and slightly less irritating to consumers than passwords — but as an authentication method , it is increasingly not up to the task.

Authentication 48

Authentication Transactions Value Added Service Consumer 48

VISTA InfoSec

OCTOBER 21, 2024

SMEs can protect themselves by enforcing strong password policies, using two-factor authentication, training employees, updating software regularly, and backing up data. Ransomware attacks are typically executed through phishing emails or malicious links that trick users into downloading harmful software.

Security 130

Security Phishing Ransomware Risk Assessment 130

PYMNTS

JANUARY 16, 2019

For consumers, working with various institutions — such as banks, government agencies and medical systems — often means remembering just as many account passwords for accessing the services, and authenticating their digital identity (ID). Around The Digital Identity World. How Dolly Keeps Movers, Customers In The Feedback Loop.

Authentication 55

Authentication Verification Blockchain Risk 55

PYMNTS

MARCH 6, 2020

A computer science student reported using an API from peer-to-peer (P2P) mobile payments service Venmo to download — without users’ permission — the details of approximately 7 million transactions over six months in 2018, for example. Oversight And Authentication.

API 52

API Authentication Security Payment APIs and Integration 52

PYMNTS

NOVEMBER 14, 2019

Specifically, banks are failing to enab le the authentication controls that consumers want in their mobile banking apps. consumers want to be able to set their own authentication requirements when they access their bank accounts using digital channels. percent of frequent users with full authentication controls, and 79.9

Authentication 40

Authentication Mobile Banking Consumer Checks 40

PYMNTS

JUNE 27, 2017

Changing consumer spending and ever-evolving technological capabilities means that authenticating customers is an always shifting process. Despite demand from both consumers and corporations for a shift, passwords remain the most commonly used authentication credential — but their reign may be about to end.

Authentication 47

Authentication Online and Mobile Banking Credential Security 47

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

Fintech News

SEPTEMBER 17, 2024

SFV will be used in high-risk scenarios to complement existing authentication methods during DT setup. Customers without a Singpass account are advised to register and download the Singpass app beforehand.

Verification 94

Verification Scams Financial Crimes Phishing 94

PYMNTS

NOVEMBER 17, 2020

How can FIs improve their mobile banking apps’ UX shortcomings, and which features will go the farthest in encouraging more of their customers to download and use those apps for their everyday banking and payment needs? Providing users with more control over their apps’ authentication systems can go a long way in improving their satisfaction.

Mobile Banking 93

Mobile Banking Consumer Authentication Credit Union 93

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

Open Banking Excellence

NOVEMBER 16, 2023

Together, Lloyds Bank Smart ID, Yoti ID and Post Office EasyID form ‘Digital ID Connect’, the UK’s largest network of reusable Digital ID apps with over four million downloads already. Yoti verifies the authenticity of the document by completing a number of automated checks.

Government 130

Government Governance Authentication Interoperability 130

FICO

JANUARY 31, 2019

Payment Service Providers are pushing to implement their PSD2 Strong Customer Authentication (SCA) solutions ready for the September deadline. However, a significant minority were completely unaware that they could expect to see more demands for authentication. Pushing a Specific Authentication Method Will Cause Issues.

Authentication 40

Authentication Consumer Online and Mobile Banking Push-to-Card 40

CB Insights

FEBRUARY 21, 2019

Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019. One tool banks, merchants, and payments players are using to fight back is biometric authentication, or “inherence.” Online “card-not-present” fraud is expected to hit a record $7.2B

Authentication 36

Authentication Payer Payments Research 36

PYMNTS

JUNE 28, 2017

According to Adam Vancini, head of authentication for virtual channels at Wells Fargo, banks and financial institutions have long relied on traditional indicators to authenticate consumers — but these new young consumers aren’t behaving the way banks are used to. That can be a tremendous help.

Authentication 43

Authentication Online and Mobile Banking Real Time Payments Security 43

PYMNTS

MAY 24, 2017

This all comes as no surprise to Brett McDowell, who is working with a team of corporations in verticals from financial services to software to take human error out of the authentication equation, as part of the FIDO Alliance. Because once hackers get their hands on the information, it’s already too late to stop them.

Authentication 40

Authentication Credential Ransomware Phishing 40

Nanonets

OCTOBER 1, 2024

Setting up the NetSuite API Before you can start creating sales orders using the NetSuite API, you'll need to set up your account access and ensure proper authentication. Under the SuiteCloud tab, ensure that REST Web Services and Token-Based Authentication are enabled. Here's how you authenticate using OAuth 1.0:

API 52

API Payment APIs and Integration VARS Authentication 52

PYMNTS

JULY 9, 2020

Relying on static usernames and passwords to authenticate customers is no longer sufficient, and many FIs are therefore examining how tools like biometrics can offer greater security. A recent report highlighted this problem and advised FIs to adopt harder-to-trick methods like biometric authentication. Get the scoop in the Playbook.

Fraud Prevention 104

Fraud Prevention Account Takeovers Authentication Identity Theft 104

PYMNTS

JUNE 27, 2017

And we’re closely watching trends in the use of facial recognition and other biometrics for on-boarding, payments and authentication. We’re also keeping our eye on the rise of blockchain, as it will likely play a key role in identity verification in the future.

Innovation 58

Innovation Verification AML Money Laundering 58

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

PYMNTS

JUNE 3, 2016

Biometrics were a popular area of development this month, as numerous companies introduced authentication solutions powered by this innovative technology. The May edition of the Tracker features news from throughout the online authentication space, as well as an updated directory profiling 74 players. About the Tracker: .

Authentication 40

Authentication Security Data Security Technology 40

Fintech Finance

OCTOBER 15, 2024

We are also seeing significant advancements in payment authentication, digital receipts, and loyalty solutions,” explained Lars , “with demand for innovative approaches steadily increasing. To find out more, download the full Nets Nordic Payment Report 2024 now.

Mobile Payments 93

Mobile Payments Push-to-Card Payments Contactless Payments 93

The Paypers

AUGUST 19, 2016

(The Paypers) Microsoft has announced that Microsoft Authenticator app is now available for Android devices and ready for download in the Google Play Store.

Authentication 28

Authentication 28

VISTA InfoSec

OCTOBER 21, 2024

Through malicious software, usually gained by downloading something or opening a compromised link, you’ll be faced with data loss and/or further unauthorized access to your details. Whenever possible, make sure to enable two-factor authentication, as this will add another layer of protection to your accounts.

Cybersecurity 130

Cybersecurity Encryption Scams Cryptocurrency 130

The Fintech Times

SEPTEMBER 21, 2024

Current plans outline that Singpass Face Verification (SFV) will be used in higher-risk scenarios to strengthen and complement existing authentication methods for DT setup. Customers who do not have a Singpass account may register for one and download the Singpass app before setting up their DT.

Verification 70

Verification Scams Financial Crimes Crime 70

The Fintech Times

NOVEMBER 5, 2024

The Whizmo App is a secure digital wallet with a speedy onboarding process for individuals authenticated by the UAE Pass. Whizmo will be available for download on both the Play Store and App Store.

Finance 62

Finance B2C Financial Inclusion Non-Bank 62

PYMNTS

NOVEMBER 13, 2020

Digital identity solutions have become increasingly widespread in recent years as alternatives or supplements to old-fashioned authentication methods like passwords. Multifactor authentication (MFA) and biometric scans are quickly becoming the norm in numerous fields, including online accounts for banks and other businesses.

Multifactor Authentication 97

Multifactor Authentication MFA Verification Online and Mobile Banking 97

Neopay

AUGUST 22, 2024

The Report confirms the beneficial impact of strong customer authentication (SCA) on fraud levels. SCA-authenticated transactions featured lower fraud rates than non-SCA transactions, especially for card payments, both in terms of values and volumes. Documents EBA and ECB 2024 Report on Payment Fraud (717.27

Central Bank 52

Central Bank Volume Payments Authorization 52

Fintech Finance

FEBRUARY 16, 2024

” Accelerating revenue growth: How incremental payment optimization can drive up to 30% revenue gains is available to download now. To compile the whitepaper data, Nuvei commissioned research to survey more than 300 global merchants and interviewed payments leaders from worldwide brands.

Research 52

Research Payments Payments Strategy Authentication 52

Nanonets

SEPTEMBER 11, 2024

Setting up the NetSuite API Before you can start creating vendor bills using the NetSuite API, you'll need to set up your account access and ensure proper authentication. Under the SuiteCloud tab, ensure that SOAP Web Services and Token-Based Authentication are enabled. Here's how you authenticate using OAuth 1.0:

API 52

API Payment APIs and Integration Authentication VARS 52

PYMNTS

SEPTEMBER 13, 2019

percent saying they believe the security of transactions being made via mobile banking apps would be stronger if they had greater control over those apps’ authentication requirements. Despite widespread demand for greater mobile banking authentication controls, only 39.9 Similarly, 54.1 percent) or using mobile card controls (63.5

Consumer 66

Consumer Authentication Mobile Banking On-Demand 66

PYMNTS

JANUARY 21, 2020

Though many banks may be betting big on advanced technology to help them in the fight against financial fraud, their customers would feel more secure if they were given more control over their banking apps’ authentication processes. Yet, the benefits of adding authentication controls go well beyond providing a hypothetical feeling of safety.

Consumer 60

Consumer Authentication Transactions Security 60

Fintech Finance

OCTOBER 9, 2024

ACI’s annual Unwrapping Checkout Trends report provides merchants and acquirers with essential insights on payment trends, spending and fraud predictions, and actionable ways to maximize secure and authentic conversions.

BNPL 97

BNPL Volume AI Alternative Payment Methods 97