Biometric technologies have garnered increasing attention and adoption in recent years, transforming the authentication and digital identification landscape across various industries. From fingerprint scans to facial recognition and iris scanning to pay-by-hand, unique biometric identifiers offer a reliable and secure means of verifying identity, resulting in a more robust form...
Identity verification firm SheerID has debuted a tool to authenticate in-store shopper IDs. SheerID InStore, announced Thursday (March 14), allows retailers to more easily verify the eligibility of in-store customers for gated offers to “coveted communities” like students, teachers, and healthcare workers. “With the addition of SheerID...
Argyle has raised $30 million in a funding round to fuel the continued adoption and expansion of its automated income and employment verification platform. The company is embarking on its next phase of growth, in which it plans to implement support services to facilitate continued customer...
Jeff Hallenbeck, head of payments at Forter, noted in a recent conversation with PYMNTS that the authentication method known as three-domain secure (3DS) has had an uneven embrace by merchants across the globe. But it should be more widely used by companies looking to battle fraudsters...
Siddharth Vijayakrishnan, senior vice president of product and financial intelligence at FIS Platform and Enterprise Products, said that online authentication is a work in process — but we may never quite be free of the password. He was quick to differentiate between identification and authentication. As he told...
In an era where convenience is king and security is paramount, a payment option that requires nothing more than a simple scan of one’s palm seems like the ideal solution. No fumbling for cards, no unlocking your phone — just a swift, seamless transaction that...
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....