Search results for "biometrics"

April 25, 2024
Worldcoin Explores Partnership With OpenAI Amid Regulatory Pressure

Eyeball scanning digital ID startup Worldcoin is reportedly considering a partnership with tech company OpenAI.  This exploration comes after months of privacy-focused scrutiny from regulators around the world. Alex Blania, CEO of Worldcoin...


April 24, 2024
Discover Global Network Looks to Customer Shifts to Define Innovation

Technological transformation is at the heart of both modern commerce and payments innovation. With technology as the driving force, consumers are demanding more than transactions from their payment experiences; they...


April 24, 2024
Mastercard Takes AI-Driven Fraud Defense to Next Level

Mastercard is bringing an artificial intelligence (AI)-driven, partnership approach to detecting and preventing identity and payments scams before they can result in victimizing consumers. The company announced on Wednesday (April 24)...


April 23, 2024
PSCU/Co-op Solutions Adds Amazon One to Digital Wallet Integrations

PSCU/Co-op Solutions has added Amazon One to its suite of digital wallet integrations for client card issuers. This pay-by-palm solution is now available to credit unions on a pilot basis and is expected to be generally...


April 18, 2024
Airports Accelerate Digital Transformation to Enhance Passenger Experiences

In an era marked by rapid technological advancements, the aviation industry continues to adapt, seeking ways to streamline processes and enhance passenger experiences. Recent developments at various international airports underscore this...


April 09, 2024
Entrust Acquires Onfido Amid Jump in ID Fraud

Data security firm Entrust has finalized its purchase of identity verification company Onfido. “With this completed acquisition, Entrust now provides the industry’s most comprehensive portfolio of AI-powered, identity-centric security solutions,” the company said...


April 09, 2024
Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud

When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story. Because sometimes competitors can collaborate...


April 08, 2024
3DS 2.0 Demands More Attention as Fraud Defense From Issuers...

Dewald Nolte, chief strategy officer at Entersekt, said 3-D Secure (3DS), the security protocol that was refreshed seven years ago, is an essential tool in fighting fraud. At a high level,...


April 04, 2024
Facial Biometrics Implementation Hiccups Stir Privacy, Security Debate

While biometrics offer potential benefits such as enhanced security and streamlined processes, their implementation often comes with complexities and concerns, including privacy, data protection and implementation hurdles.  The recent reinstatement...


Digital Identity: Ditching Passwords Could Unlock A $59 Billion Biometrics Market
Ditching Passwords Could Unlock a $59 Billion Biometrics Market The findings come from this month’s Digital Identity Tracker®,” a PYMNTS and Prove collaboration, which examined how advanced verification tech is not only boosting security but also giving 58% of consumers what they want — faster and more convenient biometric authentication.
Biometric Authentication in the Age of Mobile
51% of Online Buyers Used Biometrics Instead of Passwords Biometric authentication, once just a sci-fi trope, has become so common that most consumers who shopped online used biometrics to validate their purchase. PYMNTS Intelligence’s latest study of 3,278 U.S. consumers explores why so many users like biometrics — and what it will take to win over the half who are holdouts. Read more in “Tracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile,” a collaboration with AWS.