Digital Onboarding has secured a $58 million growth investment from equity firm Volition Capital to expand its digital engagement platform for banks and credit unions. This investment comes at a time when financial institutions are increasingly seeking digital solutions to enhance customer engagement and drive product adoption,...
With more consumers looking to find bargains on groceries, Costco is trying a new, more prohibitive membership verification process. The warehouse club giant is testing out a system whereby consumers must scan their membership card upon entry to the store at a handful of locations,...
People are getting more used to logging into their favorite apps on their smartphones using facial recognition or their fingerprints. This includes using Apple Pay, Google Pay and other payment platforms for their online purchases. Nearly half of online shoppers in the U.S. use some...
The pandemic’s push towards online learning not only accelerated the integration of online payment platforms and cashless transactions in higher education but also catalyzed the broader transformation of the connected campus. This shift has prompted colleges and universities to invest significantly in automation and advanced mobile systems,...
Identity verification company Intellicheck has rolled out enhancements for digital users of its identity platform. “Clients integrating the new Capture process can be up and running with no more than two simple web hooks,” the company said in a Thursday (Jan. 4) news release. “The new digital authentication experience...
Visa has teamed with biometrics firm TECH5 to help build “digital government ecosystems on a global scale.” The partnership will involve the two companies working to “implement digital ID-based payment infrastructure and services on a national level,” Visa CEMEA Head of Commercial and Money Movement Solutions Shahebaz Khan said in a...
In a digital landscape increasingly defined by the surge of online and mobile shopping, consumer demand for flexible, secure and convenient ways to authenticate transactions is at an all-time high. Enter biometric authentication — a game-changing technology revolutionizing how transactions are verified using unique physical...
In today’s digital era, banking customers are asserting more control over their financial security and no longer relying solely on their banks to protect their identities and online transactions. In “Consumer Behaviors and Perceived Security Across Devices,” PYMNTS Intelligence draws on insights gathered from a...
Introduction: Online sellers are consistently grappling with the delicate balance of upholding robust security measures while providing customers with a seamless shopping experience. Central to striking this balance is the authentication process, coupled with the adept use of technology and agility in responding to ever-evolving...