In an age where security is paramount and identity fraud is a growing concern, the Real ID Act stands at the forefront of a significant shift in how individuals are verified. Envision a world where every ID tells a story of authenticity, seamlessly linking individuals to...
As the Major League Baseball (MLB) postseason kicks off this week, the league hopes to expand its facial recognition entry program known as Go-Ahead Entry. “Go-Ahead Entry is a completely optional, fast and easy, hands-free, free-flow entry experience, where fans don’t need to stop or...
The promise of open banking is to foster a range of new products and services as banks link with FinTechs to use customer-permissioned data to tailor what they offer. Within open banking — no matter the use case, but especially for pay by bank —...
How well do you know the organizations your business transacts with? And how well do they know your business? As the digital transformation accelerates, and businesses are confronted with escalating cyber risks and vendor identity fraud, it’s a question worth asking. The modern business environment...
There are over 8 billion people alive on earth, and their growing expectations around frictionless and secure digital experiences are continually transforming payments and commerce. Underpinning that is the emerging need for a digital identity layer. With the news that Google Wallet on Thursday (Sept....
Emerging markets like Brazil and India are no longer just emerging. When it comes to advances like the digitization of financial services, these countries are frequently leapfrogging legacy landscapes from a financial technological perspective. This has put companies on their back feet, Brad Rosenfeld, chief...
Fraudsters, like consumers, love a good deal. And the gig economy, estimated to be worth half a trillion dollars in 2023 and employing 38% of the U.S. workforce, is becoming their latest target — with more than a third of U.S. consumers report being victims...
As artificial intelligence (AI) increasingly blurs the line between humans and machines in online commerce, researchers have proposed a new system to authenticate real users without compromising their privacy. In a recent paper published on arXiv, researchers from OpenAI and MIT introduced the concept of...
The Democratic Republic of the Congo has reportedly canceled what would have been one of the most expensive digital identity projects ever executed. The country canceled the $1.2 billion project amid warnings of cost overruns and possible funding irregularities, Bloomberg reported Tuesday (Sept. 3). Richard Ilunga,...