The passwordless future has long been promised, but has long been just over the horizon — remaining more an aspiration than a reality. Passwords, after all, are sticky. We’ve used them for decades, augmented by security questions drawing upon moms’ maiden names, the color of...
There’s still a place for the card — the tangible, physical card — in consumers’ wallets. In fact, Adam Lowe, Ph.D., chief product and innovation officer at CompoSecure/Arculus, told PYMNTS that metal cards hold allure for premium customers and can be a first line of defense against...
The European Commission (EC) has adopted technical standards for cross-border European Digital Identity (eID) Wallets in the European Union (EU), saying this will help member states build their own wallets and release them by the end of 2026. The implementing regulations include uniform standards, specifications and...
ID.me has reportedly been valued at $1.8 billion following a tender offer. That’s up from $1.73 billion two years ago, Bloomberg News reported Monday (Nov. 25), citing a source familiar with the matter. The transaction was led by new investor Ribbit Capital, with existing investors Viking Global Investors...
Onboarding is often the first test for whether a business relationship can succeed. If a new client signs on and is hit with endless forms, redundant verifications, and an integration process that feels like assembling furniture — minus the instructions — the result is frustration,...
TreviPay added automated buyer onboarding to its order-to-cash (O2C) offering. With the new feature, business buyers using TreviPay’s Risk Management Platform can apply for trade credit through a dynamic self-serve application, the company said in a Wednesday (Nov. 20) press release. “Offering frictionless buyer experiences...
Visa and Tencent partnered to launch a pay-by-palm solution, first in Singapore and then in other markets. The collaboration brings together Tencent’s palm recognition technology and Visa’s payment token and other technology, the companies said in a Wednesday (Nov. 6) press release. The pay-by-palm service...
Equifax UK has introduced a customer onboarding solution for utility and telecom firms. As Fintech Finance News reported Thursday (Nov. 7), the new tool, called Tariff Connect, is designed to help these providers automate customer eligibility assessments for social tariff discounts, which are reduced rates...
J.P. Morgan Payments has teamed up with predictive bank account/payment intelligence company ValidiFI. The collaboration, announced Monday (Oct. 28), is designed to give businesses greater security and confidence in validating bank accounts and conducting transactions. “For organizations conducting digital transactions on the ACH network, having...