Israeli identity verification firm AU10TIX has launched a know-your-business (KYB) solution. “Increasingly rigorous regulatory demands are forcing businesses across all sectors to collect and analyze more data about the identities of their partners and vendors,” the company said in a Tuesday (Feb. 27) news release. “Companies must also ensure...
In today’s increasingly digital world, it has gotten to the point where the physical wallet’s main purpose is becoming just to carry physical ID cards. But, as the rest of the world goes digital, why haven’t IDs followed? The answer lies in a mix of...
Jim McCarthy, CEO of Thredd, told PYMNTS’ Karen Webster that the challenge of authentication in the B2B space is decades old. Before the advent of the internet, he said, and stretching back to his previous tenure at Visa, merchants “would go from one acquirer to the...
Lisa McFarland, executive vice president and chief product officer at Ingo Payments, told PYMNTS that authentication across digital channels requires a multi-pronged approach. At a high level in the digital age, as parties interact and transact online, “there’s the desire to know that you are,...
Payments increasingly exist and occur across a multifaceted, ever-evolving digital terrain. What this means is that a digital payment is never just a payment — it is a combination of contexts and identities, each of which needs to be anchored by an authentication protocol for...
VerifiNow has launched a patient identity verification solution for telehealth providers. PatientVerifi is designed to meet the need for secure patient identity verification in virtual healthcare, the technology company focused on digital identity verification said in a Monday (Feb. 26) press release. “With advanced biometric...
Today’s financial fraudsters are more sophisticated, more agile, and more online than ever. With payments increasingly moving to electronic channels — along with the gateways supporting their transfer and settlement — the need for robust authentication measures has never been more critical. “Authentication is an...
Authentication in the payments space is continuously evolving. But one constant is that any innovation needs to strike a winning balance between enhancing security and improving user experience. “Identity theft, phishing and data breaches have all become more prevalent. So, more robust authentication has become...
No single word signals the death knell of an innovation quite like the adjective “clunky.” Yet, by some accounts, that’s exactly what the user experience of the first few generations of mixed reality (MR) and virtual reality (VR) headsets has been like, with users complaining...