Remove Authentication Remove Enrollments Remove Social Security
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Six Steps to Using Biometrics to Open & Manage Accounts Digitally

FICO

For example, this process looks to establish there is a person such as Jane Smith and that she has the corresponding attributes such as date of birth and/or social security number. Enrollment. Enrollment of other factors, such as a voice biometric, can be done as the account is opened.

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Digital Identity Takes On Medical Data Theft

PYMNTS

This seismic shift is, in turn, making it more important than ever for providers to examine the use of digital identity authentication technologies.”. As things like “deep fakes” get real and digital onboarding replaces face-to-face document presentation and authentication post-pandemic, KYP tech is fast becoming indispensable.

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GIACT On Why Faster Payments Don’t Have To Mean Faster Fraud

PYMNTS

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.

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Mastercard Bets On Biometric Cards To Advance Inclusion

PYMNTS

Moreover, Reany noted, Mexico’s social services have many of the same issues as government benefit agencies the world over: making sure the benefits are finding their way into the right hands, and that the recipients can meaningfully access and use those funds.

Visa 74
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Fighting Fraud By Finding The Gaps

PYMNTS

The ‘customer’ in question used all the right real data: real address, right name, right social security number, right password. Companies have siloed enrollments away from payment and identification — they treat them as separate entities.

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Digital Identity, (Way) Beyond The Social Security Number

PYMNTS

The more individuals leave a trail of information across websites, the more tempting the targets are for hackers to make off with everything from Social Security numbers to health care information. Your security question with your dog’s name? The more business is done online, the more fraud makes inroads. They ain’t cutting it.

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Person Present: The Future Of Card Not Present Identity Verification

PYMNTS

Identity verification and user authentication are hot spaces right now, and only getting hotter as merchants, financial institutions (FIs) and consumers demand more foolproof protection against fraudsters. The Social Security number won’t help. Is this person who he or she is claiming to be?