If payments make the world go ’round, authentication keeps it spinning. As online interactions spread, and commerce goes digital, the critical role of authentication processes, protocols and innovations is growing more pronounced. And knowing that identity is not the same thing as authentication is becoming...
In the world of cybersecurity, there’s no prize for being fashionably late with updates. And in today’s evolving technology and authentication landscape, if organizations aren’t at the tip of the spear with their authentication protocols, they are likely on the receiving end of a fraud...
As the payments landscape continues to advance and evolve, the central tenet of authentication remains the same. Let the right users in and keep the fraudsters out. “Authentication practices have been in place for quite some time, and we’ve gotten pretty good at enforcing them....
Jim McCarthy, CEO of Thredd, told PYMNTS’ Karen Webster that the challenge of authentication in the B2B space is decades old. Before the advent of the internet, he said, and stretching back to his previous tenure at Visa, merchants “would go from one acquirer to the...
Lisa McFarland, executive vice president and chief product officer at Ingo Payments, told PYMNTS that authentication across digital channels requires a multi-pronged approach. At a high level in the digital age, as parties interact and transact online, “there’s the desire to know that you are,...
Payments increasingly exist and occur across a multifaceted, ever-evolving digital terrain. What this means is that a digital payment is never just a payment — it is a combination of contexts and identities, each of which needs to be anchored by an authentication protocol for...
Today’s financial fraudsters are more sophisticated, more agile, and more online than ever. With payments increasingly moving to electronic channels — along with the gateways supporting their transfer and settlement — the need for robust authentication measures has never been more critical. “Authentication is an...
Authentication in the payments space is continuously evolving. But one constant is that any innovation needs to strike a winning balance between enhancing security and improving user experience. “Identity theft, phishing and data breaches have all become more prevalent. So, more robust authentication has become...
After a pilot program in Australia and New Zealand, Tinder will be expanding its identity verification feature to users in the United States, the United Kingdom, Brazil and Mexico. The option aims to help users confirm the authenticity of profiles by verifying key information, such...
