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. Capital One has also seen a significant lift in mobile enrollment by offering AirKey.

Authentication 52

Authentication Credit Cards Debit Card Fraud Prevention 52

PYMNTS

NOVEMBER 3, 2020

Digital IDs and biometrics have been gaining momentum in airports nationwide, especially since the pandemic expanded the use of biometric scans as an authentication method that is not only more convenient, but actually safer by being more contact free. Expanding the Biometric Authentication Base. Enroll once at the airport.

Technology 123

Technology Verification Authentication Enrollments 123

FICO

MARCH 30, 2020

Adaptive identity authentication is the process of tailoring each customer authentication to the specifics of the request. It involves calibrating multiple sets of risk indicators to determine the type of authentication needed, and how strong to make it. Adaptive identity authentication is increasingly important.

Authentication 52

Authentication Risk Transactions Payee 52

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

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

NFCW

JANUARY 25, 2024

Zwipe has historically focused primarily on the development and application of its biometric authentication technology in the payments market. “However, neither market adoption nor the pace of commercial launches has materialized in the manner Zwipe or other players had expected, particularly towards the end of 2023.”

Enrollments 116

Enrollments Payments Visa Authentication 116

Stax

JANUARY 28, 2025

Click to Pay is based upon global EMV Secure Remote Commerce (SRC) standards, which include security measures like tokenization , multi-factor authentication , and 3D Secure protocols. The customer will then input the passcode to complete the authentication process. It is also built to be super secure.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

VISTA InfoSec

JUNE 27, 2024

The breach, linked to a hack of the district’s Snowflake account, has exposed sensitive data pertaining to students and employees enrolled in the sprawling district. Snowflake is a cloud database platform used by companies worldwide to store their data.

FBI 130

FBI Breach MFA Cybersecurity 130

PYMNTS

SEPTEMBER 21, 2016

20) that changes coming to Verified by Visa, its online authentication service, and to Three-Domain Secure (3-D Secure), the industry-wide messaging protocol for online authentication, will make eCommerce payments more secure and convenient for consumers, merchants and financial institutions. announced on Tuesday (Sept.

Enrollments 71

Enrollments Authentication Security Issuers 71

PYMNTS

OCTOBER 11, 2018

In the latest issue of the Omni Security And Authentication Report , PYMNTS explores how banks are working to both prevent cybercrime and deal with the aftermath of a successful attack. Around The Security And Authentication Space. How to react and recover when that impact hits. Even the U.S. About The Report.

Security 69

Security Authentication Enrollments Breach 69

PYMNTS

SEPTEMBER 17, 2020

The following Deep Dive examines how digital ID verification and user authentication can foster consumer trust and why providing seamless enrollment is essential. . Liveness detection can also help smooth onboarding and authentication processes. Seamless, Secure Onboarding .

Verification 89

Verification Authentication Economy Data Breach 89

PYMNTS

JUNE 22, 2020

The company has also taken the step of allowing employees the option to enroll in a complimentary 12-month course on credit and dark web monitoring offered by ID Experts, which will help them with identity restoration services and provide coverage for identity theft, The Times of India reported.

Identity Theft 102

Identity Theft Ransomware FBI Enrollments 102

FICO

JULY 22, 2019

Last month I presented at the PSD2 Strong Customer Authentication Summit in London on the challenges of making sure that every customer has a compliant route to authentication. The post New Challenges for Strong Customer Authentication appeared first on FICO. This makes the ability to use inherence as a factor problematic.

Authentication 40

Authentication Enrollments Rules Security 40

FICO

JULY 21, 2019

Last month I presented at the PSD2 Strong Customer Authentication Summit in London on the challenges of making sure that every customer has a compliant route to authentication. This makes the ability to use inherence as a factor problematic. This makes the ability to use inherence as a factor problematic.

Authentication 40

Authentication Enrollments Rules Security 40

FICO

JULY 21, 2019

Last month I presented at the PSD2 Strong Customer Authentication Summit in London on the challenges of making sure that every customer has a compliant route to authentication. This makes the ability to use inherence as a factor problematic. This makes the ability to use inherence as a factor problematic.

Authentication 40

Authentication Enrollments Rules Security 40

FICO

APRIL 8, 2020

Enrollment. To meet these requirements, you need to set up different authentication methods that meet the requirements of: Inherence—something that the customer is e.g. a biometric. Enrollment of other factors, such as a voice biometric, can be done as the account is opened.

Accounts 52

Accounts Enrollments Authentication Verification 52

PYMNTS

JULY 5, 2020

By leveraging EWS’ Real-time Payment Check service with account owner authentication, BNY Mellon’s solution will aid in speeding up validation, so long as the account is open and in good standing, and the payee is authorized to sign on the account.

Faster Payments 96

Faster Payments Payment APIs and Integration Wire Transfer Real Time Payments 96

PYMNTS

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 as physical tokens, are seeing a decline in use. Meanwhile, in Thailand, KBank is embracing biometrics for new customer enrollments.

Security 68

Security Authentication Compromise Blockchain 68

PYMNTS

OCTOBER 12, 2018

With next-day processing, those payment systems can function with a certain methodical authentication process because the window is long enough to allow it. If the payments — push or pull — are in real time, he said, then the authentication has to be in real time as well. That window is evaporating,” he noted. What’s Next.

Faster Payments 73

Faster Payments Authentication Payments Enrollments 73

Fintech Finance

SEPTEMBER 25, 2024

Business owners can use their KaiOS-powered phone to enroll. After entering their registered credentials and authenticating via a one-time password, SMEs can then access and immediately use a variety of digital payment options. Signing up is simple.

Visa 97

Visa Economy Digital Payments Enrollments 97

Segpay

DECEMBER 13, 2024

The Intersection of Data Privacy and Identity Management Source: ID Management Institute Identity management helps authenticate users and makes sure that only authorized individuals can access certain information. In identity management, this means gathering only what is strictly needed for authentication.

Privacy 105

Privacy Compliance CCPA Authentication 105

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. Loyalty solutions have also seen substantial progress, with 9 in 10 Nordic consumers enrolled in at least one loyalty program.

Mobile Payments 98

Mobile Payments Push-to-Card Payments Contactless Payments 98

PYMNTS

FEBRUARY 10, 2020

A recent study from Visa found that two-thirds of surveyed consumers preferred biometric authentication to passwords for a variety of reasons when using their cards. The bank plans to enroll all 3.7 Developments From Around The World Of Digital ID. Biometrics are growing increasingly popular among credit card users.

Data Breach 94

Data Breach Point-of-Sale (POS) Push-to-Card Verification 94

PYMNTS

DECEMBER 19, 2018

Gemalto said that will provide a fast and convenient user experience to a more advanced cardholder authentication. According to Gemalto, fingerprint authentication is part of Intesa Sanpaolo’s digital transformation strategy. Consumers can tap their card to any POS terminal and then authorize the purchase with a fingerprint.

Contactless Payments 59

Contactless Payments Visa EMV Enrollments 59

PYMNTS

JUNE 13, 2019

It turned out to be a wholly misplaced concern, Reany said, because the alternative to the biometric is a PIN code – and forgetting the PIN meant the user had to visit a local bank branch to authenticate themselves and switch out the code.

Visa 74

Visa Enrollments Use Case Product 74

PYMNTS

JUNE 9, 2020

Our goal is for self-enrollment, but we know we have to balance that convenience … with the challenge of making sure [customers] are who [they] say [they] are,” said Sanderson. “We One of the things we saw during the [arrival of] stimulus payments [was that] the enrollment rates of internet banking skyrocketed,” Sanderson said.

Online and Mobile Banking 59

Online and Mobile Banking MFA Enrollments SWIFT 59

PYMNTS

FEBRUARY 25, 2019

In the latest Digital Identity Tracker , a Jumio collaboration, PYMNTS looks at new developments in the authentication landscape, spanning a partnership between state DMVs and several major banks to combine fraud-fighting efforts, to a collaboration to make biometrics and selfies more broadly accepted. About the Tracker.

Authentication 53

Authentication Identity Theft Online and Mobile Banking FPC 53

PYMNTS

SEPTEMBER 7, 2017

We look forward to being able to make a true and lasting impact on developing nations in their effort to enroll and authenticate individuals in financial and government programs.”. Photographs will be rejected when the liveness detection realizes the person looking to authenticate is an imposter.

Verification 43

Verification Enrollments Money Laundering Authentication 43

PYMNTS

NOVEMBER 1, 2017

protocol and the European Union’s second Payment Services Directive (PSD2) have delivered a one-two punch for issuers and merchants in order to comply with these new regulatory requirements and network authentication processes. Biometric authentication does both, said Sass. The updated 3D Secure 2.0 3D Secure 2.0 Data Trove.

Security 43

Security Enrollments Authentication Issuers 43

PYMNTS

OCTOBER 31, 2016

The challenge is authenticating a consumer across a landscape where that individual is actively opening accounts and performing transactions. Who is really in the best position to issue, and authenticate, the digital identity assigned to a consumer? Therefore, biometrics must also deploy a system of enrollment.

Online and Mobile Banking 76

Online and Mobile Banking Verification Database Authentication 76

The Fintech Times

JUNE 13, 2024

To eliminate manual card entry, Mastercard is making it easier to embed Click to Pay into merchant sites and enabling bank partners to help people enroll their cards. Payment passkeys are leveraging online mobile device-based biometric authentication to eliminate passwords and one-time codes.

Visa 69

Visa Online and Mobile Banking Card Issuer Issuers 69

PYMNTS

JANUARY 28, 2019

And Starbucks has grown its loyalty rewards program enrollment, while big-name merchants in the United States are adopting Apple Pay. The European Union’s (EU’s) PSD2 is making merchants that deal with payment data from Eurozone citizens enhance their payment protocols. All this, Today In Data. 80 percent: The portion of U.S.

Enrollments 72

Enrollments Non-Bank Payments Origination 72

PYMNTS

SEPTEMBER 11, 2019

As Pointner said, at least today, firms are not going to lose customers because they offer passwords as an authentication method — but they might lose them if they do not offer the use of passwords. In one example of that groundswell, he said, Microsoft has debuted Windows Hello for Business in Windows 10 and the Microsoft Authenticator app.

Authentication 72

Authentication Identity Theft Account Takeovers Checks 72

FICO

NOVEMBER 25, 2019

This is why FICO has invested in innovations in biometrics and behavioral authentication, combined with machine learning analytics, that can create trust in digital identities while streamlining complex onboarding, fraud and compliance processes. FICO Authentication Suite includes behavioral authentication capabilities.

Authentication 52

Authentication Online and Mobile Banking Non-Bank Enrollments 52

PYMNTS

FEBRUARY 20, 2019

Look at the enrollment group, tasked with protecting the front door. But breaking down those silos is not the only key to better onboarding, authentication and security. “Ongoing ID monitoring is a really a must in today’s digital world,” he said. Silo Problems. Customer Experience Focus. Silos are not holistic.

Fraud Prevention 67

Fraud Prevention Enrollments Security Authentication 67

FICO

AUGUST 28, 2020

In general, organizations need to stop looking for ‘magic bullets’; there is no single authentication factor that will work for all customers in all scenarios. Indeed, regulation such as Payment Services Directive 2 (PSD2) enshrines the need for multi-factor authentication for payment providers such as banks and credit card issuers.

Authentication 52

Authentication Online and Mobile Banking Breach Data Breach 52

PYMNTS

SEPTEMBER 5, 2019

Fraud protection has never been taken lightly by call centers, but the need for stricter authentication is reaching new levels in the face of automated bot attacks and near-daily account takeover (ATO) attempts. Fraud is an ever-evolving space, [so] it’s important, with multifactor authentication, to look at it holistically,” she said.

MFA 46

MFA Multifactor Authentication AI Authentication 46