Millions of bank credentials have been exposed by the recent Coinbase hack, and they’re available on the dark web. Elsewhere, millions of neobank accounts lay dormant, and can act as havens for fraudsters. Get the Full Story Complete the form to unlock this article and...
Back in 1999, payment networks introduced the first version of the 3-D Secure authentication protocol, which sought to add security to online credit card transactions. 3DS 1.0, as it is now known, required cardholders to authenticate their identity before completing a purchase. Get the Full...
ACH operator Nacha has teamed with ValidiFI to bolster bank account validation on its Phixius payments platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Bank account and payment intelligence firm ValidiFI has begun offering new authoritative bank account verification capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
The convergence of ACH, open banking and account validation has the potential to make transactions more secure — and faster — as instant payments gain ground in the U.S. The consumer-permissioned data from those payments, in turn, gives banks the insights they need for better...
Fraud against banks and their customers is on the rise, according to a February 2025 report from PYMNTS Intelligence and Arculus from CompoSecure, with 87% of institutions reporting increases in stolen or falsified credentials over the past year. Get the Full Story Complete the form to...
As banking fraud unfolds, financial institutions (FIs) are challenged to protect customer data and provide pleasant customer experiences. The rise in credential theft has sparked interest in solutions like tap-to-authenticate metal payment cards, which are embedded with chips and let users authenticate by tapping the...
A bank account represents a direct connection to a business or consumer’s daily financial life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Entrust has added artificial intelligence (AI)-powered verification to its identity-as-a-service (IDaaS) platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
