Payment technology provider Global Payments announced in a Monday (Nov. 9) press release that it has expanded its Adaptive Authentication platform through the integration of Visa’s Intelligent Data Exchange API, aiming to curb false card declines and streamline digital checkouts for merchants across the U.S. and...
The latest Google Wallet update includes a new Tap to pay option in the verification settings that may control how often the app asks users to verify their identity before making contactless payments, Android Authority reported Sunday (Nov. 1). The report is based on work-in-progress...
Your phone can already hold your credit cards, your boarding pass and your insurance card. In a growing number of states, it can hold your driver’s license, too. Now, state leaders are asking a bigger question. Should residents have one digital identity that works across...
Companies that keep digital identity verification in-house face a pronounced exposure to adversarial bots and agents: 53% report know-your-agent (KYA) related incidents or losses, compared with 28.8% of firms using a mix of internal and external teams and 24.1% of those relying on external providers....
Plaid and digital identity wallet ID.me launched a benefits payments partnership, according to a Thursday (Sept. 17) news release. The collaboration is designed to combine ID.me’s wallet with Plaid’s financial account verification tools, letting government agencies confirm that the account receiving a payment belongs to...
Faster payments leave businesses with less time to discover whether the account at the other end belongs to the wrong person, contains bad information or may be connected to fraud. That pressure is moving verification closer to the point where money leaves the sender. A...
Payments modernization budgets are lining up behind identity, reconciliation and automation, providing a clearer picture of what businesses intend to build next. PYMNTS Intelligence data, in collaboration with Plaid, shows 65% of firms plan to adopt or expand identity verification and know-your-customer (KYC) automation within...
Financial firms have confidence to spare in digital identity systems, even when the results leave plenty of room for improvement. The January 2026 PYMNTS Intelligence report “Digital Identity Verification in the Age of Bots and Agents” draws on a survey of 350 companies across financial...
A Financial Crimes Enforcement Network (FinCEN)-observed pilot is testing whether completed customer verification work can be documented in standardized records and evaluated by other financial institutions. The pilot is being coordinated with the U.S. Treasury Department, the Office of the Comptroller of the Currency and...