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...
Intellicheck will provide identity verification services for financing platform Versatile Credit. “Intellicheck’s identity validation solution gives Versatile Credit merchants the ability to extend credit with confidence, allowing them to quickly onboard new customers,” the companies said in a news release Tuesday (Dec. 12). “It assures...
Accura Scan, a provider of digital know your customer (KYC) and user verification solutions, has unveiled a suite of identity verification products for American banks and telecom companies. With its cutting-edge technology and commitment to compliance, Accura Scan offers a comprehensive suite of services that...
Mexican FinTech Plata chose Entersekt to provide authentication services for its new credit card. The partnership will allow for low-friction payment authentication with “risk-aware 3D Secure,” a burgeoning regulatory requirement, according to a Monday (Oct. 23) press release. “Unlike the European Union and many other...
Data sharing — and open banking — are due for a quantum leap forward in the United States. Matt Wilcox, president of digital payments at Fiserv, told Karen Webster about a “milestone” announcement that harnesses application programming interfaces (APIs) to share financial information. Traditionally, permissioning,...
Google has made passkeys the default option for personal Google accounts, beginning Tuesday (Oct. 10). When users sign into their account, they will see prompts to create and use passkeys, as well as seeing the “Skip password when possible” option toggled on in their account settings, Google...
Data science company Enigma has debuted its know your business (KYB) platform. The new product, announced Tuesday (Oct. 3), is designed to allow users to conduct KYB checks to onboard new business customers with minimal friction. “Our customers’ top KYB priorities are meeting compliance and regulatory requirements,...
J.P. Morgan has been chosen by the United States Treasury Department to provide account validation services for federal government agencies. This selection comes after a competitive process and will last for at least five years, the global provider of banking and securities services said in a Wednesday (Sept....
