The Paypers

MAY 15, 2023

Polygon ID has partnered with Australia-based Verida to help the latter launch a mobile crypto wallet supporting zero knowledge credentials.

Credential 69

Credential 69

VISTA InfoSec

JUNE 19, 2024

The DPH said the incident took place between February 19-20, 2024, was caused by a gang of cyber criminals who gained access to the log-in credentials of email accounts of 53 employees through a phishing email. The stolen data includes personal, medical and financial information.

Data Breach 263

Data Breach Breach Phishing Credential 263

The Fintech Times

JUNE 3, 2024

Payments giant, Mastercard has achieved a new milestone in its crypto endeavour as its Crypto Credential offering, first announced at Consensus 2023, has officially gone live. How it works The exchange will first verify a user under the set of Mastercard Crypto Credential standards.

Credential 64

Credential Visa Cross-Border Travel Rule 64

VISTA InfoSec

MAY 12, 2024

Implementing 2FA adds an extra layer of security to a POS system by requiring users to prove their credentials through other means such as one-time passwords on other devices or through biometrics. This additional step helps prevent unauthorized access even if login credentials are compromised, keeping your data secure.

PCI DSS 276

PCI DSS Security Compromise Best Practices 276

VISTA InfoSec

JUNE 19, 2024

For instance, an attacker might send an email that appears to be from a trusted video communication platform, prompting you to click on a link to verify your account or update credentials. Once you follow the link, you enter a fake login page that captures your information.

Risk 275

Risk Ransomware Phishing MFA 275

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

Finovate

NOVEMBER 15, 2024

Visa’s Flexible Credential card is now available in the U.S. Payments giant Visa announced earlier this week it has expanded its Visa Flexible Credential (VFC) payment card to launch in both the U.S. Photo by Rann Vijay The post Visa Expands its Flexible Credential Card to the U.S. In the U.S., and the U.A.E.

Credential 59

Credential Multi-Currency BNPL Credit Cards 59

Finextra

AUGUST 15, 2024

announced the implementation of its credential stuffing protection into its digital banking platform challenge-response authentication process. Alkami Technology, Inc. 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

Payments Source

JUNE 9, 2020

If a fraudster gets hold of a consumer's credentials, everything from mobile wallets, to a checking account, savings account or P2P account is in jeopardy of takeover. Identity fraud holds no prisoners when it comes to payments.

Account Takeovers 170

Account Takeovers Accounts Credential P2P 170

VISTA InfoSec

JUNE 18, 2024

A crafty hacker could infiltrate accounts secured by flimsy credentials. Simplistic credentials are entry points for hackers. Embrace the basics—insist on a formidable device passcode that’s routinely refreshed. Steer clear of easily guessable codes like pet names or birth dates. Paper password hygiene is also crucial.

Data Security 254

Data Security Security Encryption Cybersecurity 254

The Paypers

NOVEMBER 13, 2024

Multinational payment card services corporation Visa has announced that the Flexible Credential is now available in the US and the UAE, with the solution being launched together with Affirm , respectively Liv.

Credential 48

Credential Card Services Payments 48

Finextra

NOVEMBER 12, 2024

Visa has joined forces with Affirm to bring its 'flexible credential' technology to the US via a card that can toggle between debit and BNPL payment options.

BNPL 124

BNPL Credential Payments Technology 124

The Paypers

JUNE 14, 2024

The Bank of Ghana has announced the successful completion of cross-border trade using digital credentials, in collaboration with the Monetary Authority of Singapore.

Cross-Border 48

Cross-Border Credential Authorization 48

Finextra

MAY 14, 2024

In the week that the Australian Federal Government committed $288 million to advance digital ID and tackle identiy theft, CommBank's venture scaler unit x15Ventures has developed Truyu, an app that alerts users when there credentials are at risk of being misused by fraudsters.

Credential 121

Credential Governance Government Risk 121

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 92

Credential API Authentication Privacy 92

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. A GDPR-compliant password policy should enforce unique passwords for each account to mitigate the risk of credential stuffing attacks.

MFA 130

MFA Credential PCI DSS Compliance 130

Fintech News

AUGUST 12, 2024

Here are the eight selected startups: Edubuk A platform for global academic and professional credentials verification, using blockchain and AI to streamline background checks. The XDC Network, compatible with Ethereum Virtual Machine (EVM), is equipped to support these startups in applying blockchain technology to real-world applications.

Blockchain 139

Blockchain Credential AI Verification 139

VISTA InfoSec

APRIL 5, 2024

A file falling into the wrong hands or credentials being revealed to unauthorized personnel could spell lost productivity and revenue. The following are some of the consequences when data privacy and security are compromised: Productivity loss. Operational interruption happens when cybersecurity is breached. Tainted reputation.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

Payments Source

AUGUST 12, 2020

ACH network steward Nacha says Visa has been added to its list of partners for a payment information exchange it is creating to help credentialed service providers share and manage electronic payments information for faster and more secure processing.

NACHA 118

NACHA Phixius ACH Network ACH 118

NFCW

JANUARY 9, 2024

The implementation of mobile credentials not only enhances the overall student experience but also improves operational efficiencies and drives revenue for administrators.” “This strategic move further cements Baylor’s commitment to providing a safe, modern and efficient campus for its students.

Credential 101

Credential Participant Checks Security 101

Payments Dive

JUNE 1, 2023

The tech behemoth is adding features that will let consumers stuff more information, such as healthcare insurance credentials and state IDs, into its digital wallet.

Credential 103

Credential Consumer 103

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

The Paypers

FEBRUARY 7, 2024

Elastos has partnered with The Metaverse Bank (TMB) to deliver decentralised digital ID services, to enable users to verify any form of personal credential securely.

Metaverse 92

Metaverse Credential Security 92

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 266

Data Breach Breach Multifactor Authentication Cybersecurity 266

PYMNTS

AUGUST 18, 2020

Visa noted on its second-quarter earnings call that credentials active in eCommerce — excluding travel — were 12 percent higher in June than in January. The total spend per active credential was up over 6 percent. And buying online begets buying online.

Credential 115

Credential Contactless Payments Transactions Credit Cards 115

NACHA

FEBRUARY 13, 2024

13, 2024 – Today, in support of National AAP Recognition Day, Nacha is pleased to spotlight the accomplishments of the 324 newly-minted AAPs earning their credential by passing the 2023 exam. HERNDON, Va., They are now among the nearly 4,500 payments professionals nationwide being honored for holding the AAP accreditation.

AAP 98

AAP NACHA Accreditation Credential 98

Payments Dive

SEPTEMBER 13, 2023

Fraudsters developed sophisticated techniques to evade safeguards and steal payment credentials, the card network said in its biannual report.

Credential 97

Credential Payments 97

Fintech News

JULY 9, 2024

Those who have not yet activated their digital tokens are encouraged to do so to reduce the risk of credential phishing. This latest measure will complement good cyber hygiene practices that customers must continue to practise, such as safeguarding their banking credentials.”

Phishing 109

Phishing Scams Online and Mobile Banking Credential 109

Fintech News

MARCH 19, 2024

” said Austin Arensberg, Senior Director at Okta Ventures.

MFA 108

MFA Deepfake Credential Privacy 108

PYMNTS

MAY 20, 2020

The COVID-19 Credentials Initiative — a consortium roughly 70 firms — debuted, focusing on immunity credentials through digital certificates. With a nod toward how blockchain might be used in a world forever transformed by the pandemic, he said there have been conversations in the space about developing “immunity passports.”

Blockchain 131

Blockchain Credential Use Case Database 131

PYMNTS

JANUARY 7, 2021

Health credentials, rendered digitally, will be shared between consumers and companies (and even employers) to show proof of vaccination. These credentials will become ever-present as people wend their way through airport and public transportation settings, ports and check-in kiosks.

Credential 144

Credential Government Governance Privacy 144

Fintech News

SEPTEMBER 22, 2024

Payment fraud, in which stolen payment credentials are used to make illegal transactions, rose by 9% YoY, signaling heightened financial risks for banks. This typically happens through phishing, credential stuffing, social engineering, or exploiting vulnerabilities in the platform’s security.

Accounts 143

Accounts Scams Bots Account Takeovers 143

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 109

Product Cross-Border Cross-Border Payments Credential 109

Fintech News

MAY 8, 2024

Source: Project Savannah: Common ESG Metrics for Generating Digital Sustainability Credentials for MSMEs Pillar 1: Harmonising Metrics for MSMEs The first pillar of Project Savannah focuses on establishing a globally relevant and harmonised set of common ESG metrics for MSMEs.

Credential 101

Credential Legal Economy Governance 101

PYMNTS

NOVEMBER 3, 2020

He allegedly wrote software to scrape saleable information collected by botnets, particularly banking credentials. He is also accused of verifying stolen credentials and checking balances to ensure worthwhile hacks. Brovko is accused of collaborating with other cybercriminals to sell personal data on the darknet from 2007 through 2019.

Credential 104

Credential Breach Wire Wires 104

VISTA InfoSec

MAY 23, 2024

Meanwhile, database resources can have vulnerabilities such as misconfigurations and stolen credentials that allow cybercriminals to steal critical data and extort organizations. These cloud instances can have vulnerabilities hackers can exploit to get unauthorized access and launch other cyber attacks.

Compromise 286

Compromise Database Best Practices Shutdown 286

Fintech Finance

NOVEMBER 6, 2024

To address this, Mastercard Payment Passkeys replace traditional passwords and OTPs with biometric authentication, making transactions faster and more secure by eliminating the risk of losing or inadvertently sharing credentials with scammers.

Visa 98

Visa APACS Transactions Authentication 98