PYMNTS

JANUARY 25, 2019

In the January PSD2 Tracker , PYMNTS examines how money movement and data flow are getting an upgrade with PSD2, as well as how the upcoming SCA regulation is bound to affect user authentication. PSD2 may have a greater effect on payments, even outside the EU, as consumers all over the globe are clamoring for more data security.

Authentication 78

Authentication Privacy User Authentication Regulations 78

PYMNTS

SEPTEMBER 15, 2020

They must reassure customers they are safe from viral contagion in sharing economy spaces while ensuring their personal data is secure from rising incidents of fraud. Payments providers are seeking more secure and compliant ways of onboarding and authenticating customers to help deter online fraud. About The Tracker.

Economy 82

Economy Verification Authentication Credential 82

Payments Source

JULY 16, 2018

Overreliance on the smartphone risks mistaking device authentication for user authentication.

User Authentication 62

User Authentication Authentication Risk Compliance 62

Fi911

SEPTEMBER 27, 2023

In an age of rapid tech advancements, the banking industry faces fresh security risks. Understanding Liveness Detection Liveness detection is pivotal in biometric authentication systems. This adds a crucial security layer, ensuring the authentication process interacts with a genuine source.

Security 52

Security Identity Theft Verification Authentication 52

PYMNTS

NOVEMBER 16, 2020

“It wasn't necessarily fundamentally that different from the kind of fraud that we've seen in the past, but people and businesses forgot good [ security ] practices because there was such a sense of urgency and the environment.”. Customers are largely willing to accept a little extra friction in the name of security, Kakani noted.

Authentication 72

Authentication Multifactor Authentication Best Practices Fraud Prevention 72

VISTA InfoSec

JANUARY 22, 2024

While the previous two requirements focused on network and access control, Requirement 3 tackles the crucial issue of securing sensitive cardholder information once it’s captured and stored. It boils down to minimizing the risk of data breaches and maximizing the security of cardholder information. PCI DSS v3.2.1 PCI DSS v4.0

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PCI DSS Encryption Procedures Authorization 100

Fintech News

JANUARY 16, 2024

In line with this, Rently incorporates robust security measures into its platform including rigorous landlord verification and the integration of SingPass, Singapore’s official digital ID, to ensure user authenticity.

User Authentication 78

User Authentication Disputes Scams Verification 78

Fintech Labs Insights

OCTOBER 7, 2015

Our goal is to help you get your app built, published, and adopted as quickly as possible using best-in-class tools, high-quality APIs, industry leading security practices and dedicated support. Access end-user authenticated data from over 20,000 financial institutions. Intuit’s Financial Data APIs.

User Authentication 27

User Authentication End User Authentication API 27

FICO

DECEMBER 18, 2017

In an interview with TechRepublic a few days ago, Gartner research director Jeff Wheatman said, “It's no longer just about understanding whether a company you're going to do business with is credit-worthy, we need to understand what their security posture is, because it's going to have an impact on our security posture.”

Cybersecurity 73

Cybersecurity Authentication Credential Ubiquitous 73

The Fintech Times

MAY 5, 2024

UK-based TransferGo customers can already get their hands on the offering, as Pay by Bank enables them to send money internationally more quickly and securely. Pay by Bank is an embedded payment method powered by open banking that enables consumers to initiate payments directly from their bank account.

Finance 69

Finance User Authentication Financial Inclusion Embedded Payments 69

FICO

JANUARY 13, 2020

Identity proofing and authentication will be an emerging focus area in 2020. As banking has moved online, identity proofing and user authentication become more of a necessity. It is possible this could push the publishing of a final rule into 2021. Well, my finance policy picks are in and I am on record.

AML 52

AML Authentication Finance OCC 52

The Fintech Times

FEBRUARY 13, 2024

Patrick Smith is the founder and CEO of Zally, the Manchester-based tech startup leading the way with continuous user authentication. At Zally, our plan is to flip the notion of online security and identity authentication on its head. Patrick Smith, founder and CEO of Zally Tell us more about Zally and its purpose.

Authentication 64

Authentication On-Demand Continuity Security 64

PYMNTS

AUGUST 15, 2019

Amid a series of announcements, marquee names in tech — Google and Microsoft — have fired shots across the bow of static security efforts that involve your mother’s maiden name or where you went to elementary school. or FIDO2), which helps companies bypass passwords for authentication that involves fingerprints or facial recognition.

Authentication 59

Authentication User Authentication Consumer Authentication Encryption 59

PYMNTS

SEPTEMBER 18, 2020

Making sure that you are being yourself, so to speak, is the province of ever-smarter authentication systems that verify parties to a transaction and keeping things legit. Attracting more participants in the sharing economy requires that new and existing users feel comfortable sharing their homes, cars, assets or expertise.

Verification 62

Verification Economy Authentication Account Takeovers 62

Core

SEPTEMBER 15, 2023

Kiosk payments involve self-service machines or terminals in public spaces, allowing citizens to conveniently and securely make payments for a wide range of government-related transactions. Kiosk payments mitigate these risks by managing payments electronically with built-in encryption, secure data storage, and authentication measures.

Government 52

Government Governance Transactions Security 52

PYMNTS

APRIL 24, 2018

Last week, the FIDO Alliance and the World Wide Web Consortium announced the launch of Web Authentication (WebAuthn), billed as a password-free browser. In an interview with Karen Webster, Brett McDowell, executive director of the FIDO Alliance , said this is the beginning of what might be a sea change in authentication. “I

Authentication 56

Authentication User Authentication Security API 56

PYMNTS

DECEMBER 7, 2016

But however different American Express may be from its founding days, according to Anré Williams, President of Amex Global Merchant Services, there’s one thing that has never changed: Getting things — be they physical goods or digital payments — from point A to point B securely and without issue.

Acquirers 90

Acquirers Online and Mobile Banking Zelle Push-to-Card 90

PYMNTS

JULY 28, 2017

The company just shared news of securing a new patent, Device, Method, and System of Detecting Remote Access Users and Differentiating Among Users. ” Interrupting a users’ experience and catching the hacker after login is something that has likely been an issue in the online arena for quite some time.

Security 46

Security Fraud Prevention User Authentication Compromise 46

CB Insights

AUGUST 22, 2018

The mechanism allows users to control devices via touch patterns on a cord instead of through buttons. Among its promised applications, it has the potential to shake up user authentication methods, which often rely on the use of passwords. more security in user authentication.

Authentication 33

Authentication User Authentication Use Case Compromise 33

The Paypers

AUGUST 21, 2018

(The Paypers) Capital One , a US-based banking group, is considering using blockchain to usher in convenient and secure user authentication methods.

Authentication 28

Authentication Blockchain User Authentication Security 28

PYMNTS

MAY 3, 2016

What this entails is using Samsung SDS FIDO Authentication to enable banking and mobile payments customers to use select OEMs (original equipment manufacturers) and the handheld device of their choice to make such payments. “In

Mobile Payments 40

Mobile Payments Payment Solutions Online and Mobile Banking User Authentication 40

PYMNTS

NOVEMBER 26, 2019

In one tactic blending low and high tech, a fraudster can find a victim’s phone number online, call the victim with a spoofed bank phone number (pretending to be the bank), explain that a one-time password (OTP) is being sent, and trick them into divulging their own login credentials or reading the security OTP code over the phone.

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Real Time Payments Authentication Fraud Prevention Credential 61

Fintech Finance

MAY 2, 2024

Pay by Bank is now live for TransferGo’s customers in the UK, introducing a new way to more securely and quickly send money internationally. With zero data entry and fewer redirects, this account-to-account payment method provides a low-cost, streamlined experience by letting users authenticate and initiate payments in a couple of clicks.

User Authentication 52

User Authentication Financial Inclusion Embedded Payments Authentication 52

FICO

JANUARY 27, 2020

Whether it’s fraud or money landering, the steps in identifiying these activities are the same: customer authentication, monitoring transactions and detecting suspicious behaviors or anomalies, and appropriately responding to these risks. There is an estimaged 85% overlap in the technology used by fraud and financial crime compliance teams.

Financial Crimes 52

Financial Crimes Crime Identity Theft AML 52

PYMNTS

OCTOBER 10, 2019

Knowledge-based authentication (KBA) tools, including passwords and security questions, tend to be the primary strategy for verifying identity, and this is true for areas of financial services beyond the consumer world. The same goes for small business users, too.

Small Business 49

Small Business Authentication Online and Mobile Banking Risk Mitigation 49

Fi911

OCTOBER 11, 2023

In doing so, it protects our banking processes and ensures only authentic interactions. Liveness detection is a pivotal security feature in different authentication processes, including biometric verification. The underlying premise is simple: authentic human features display innate motions and expressions.

Deepfake 52

Deepfake Verification Authentication Breach 52

PYMNTS

DECEMBER 13, 2017

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. Who are they, who has their documents and data and how are those things being stored and secured?

Verification 62

Verification Social Security Enrollments Security 62

Fintech Finance

APRIL 22, 2024

Prior to partnering with Tink, Splitwise users had to exit Splitwise and go to their banking app to initiate payment and then return to Splitwise to confirm they had settled up with their friends. Now, friends can link their bank account and settle up in seconds by initiating a secure bank-to-bank payment.

Payments 52

Payments User Authentication Checks Accounts 52

PYMNTS

MAY 24, 2018

That consumer could make secure transactions or add items to a daily calendar or perform any of the other tasks possible in a world where voice recognition has become ubiquitous. biometric technology that, in this latest version, includes new embedded voice authentication features and accuracy improvements. We are not there yet.

Authentication 46

Authentication Ubiquitous User Authentication Enrollments 46

PYMNTS

FEBRUARY 14, 2017

The cash dispensers include advanced software-enabled digital functions such as being able to authenticate and transact without the need for a card reader or PIN pad. With the CS 2020, we as a technology innovation leader created a system that merges today’s needs with tomorrow’s vision for cash access for all users. ” .

Encryption 40

Encryption Contactless Payments User Authentication Authentication 40

PYMNTS

SEPTEMBER 4, 2018

Meanwhile, DadeSystems tackled user authentication with single sign-on (SSO) technology that allows their clients’ staff to use their existing credentials to log into the company’s mobile app. Technology is often about finding the right connections, and taking the new and linking it with something familiar. DadeSystems.

User Authentication 40

User Authentication Authentication NACHA Payments 40

PYMNTS

JANUARY 25, 2021

Earlier iterations of EMV struggled to perform user authentication without disrupting the consumer. I believe that businesses can prepare for 2021 by prioritizing the implementation of these remote payment security solutions. The rails of the payments industry were not built for eCommerce and have long remained that way.

Small Business 56

Small Business Fraud Prevention EMV User Authentication 56

Fi911

AUGUST 15, 2023

This could refine the process of securities selection, tailoring them to customer requirements. This effectively counters the ill-intended utilization of such advanced technologies, ensuring a safe and secure digital environment for financial transactions. This will ensure a seamless customer journey without compromising trust.

Identity Theft 52

Identity Theft AI Bots Authentication 52

Finovate

OCTOBER 3, 2024

Last month, IDVerse announced the beta launch of its real-time face matching solution , Face Access , that offers 99.998% accuracy and instant, secure user authentication.

Verification 59

Verification Deepfake Fraud Prevention User Authentication 59

PYMNTS

AUGUST 22, 2018

The advantages extend from transparency to security and, of course, immutability. Patent and Trademark Office that would leverage blockchain to secure user authentication efforts and boost security initiatives. Securities Offerings, Too. In patent news, Capital One has filed an application with the U.S.

Blockchain 41

Blockchain Distributed Ledger Technology (DLT) Authentication User Authentication 41

PYMNTS

JULY 29, 2019

In an interview with PYMNTS, the Martin brothers explained how Joe Coffee assists its more than 300 coffee shop partners and their customers, and what it does to keep mobile ordering secure. Keeping the cup secure. The Martins stated that security has been a top focus for the platform, particularly as data breaches become more common.

Account Takeovers 46

Account Takeovers Authentication Push-to-Card Data Breach 46

PYMNTS

JUNE 25, 2018

Cybercriminals have a new favorite weapon in their quest to allude regulators, law enforcement and corporate security departments: account takeovers. There’s good reason why cybercriminals are turning to the technique, according to Dave Endler, co-founder and president of security and fraud prevention solutions provider SpyCloud.

Account Takeovers 46

Account Takeovers Breach Compromise Payments 46