Facial recognition technology and its uses are in the spotlight in New York. New York Attorney General Letitia James is asking Madison Square Garden (MSG) Entertainment — the operator of Madison Square Garden, Radio City Music Hall and other venues in New York City —...
PYMNTS’ latest research finds that despite a general satisfaction with existing security measures financial institutions (FIs) use, half of all adult consumers feel their banks must take additional steps to protect their assets and personal information — especially for non-routine transactions. Banks tend to meet...
AU10TIX has appointed tech and security industry veteran Dan Yerushalmi as its new CEO. The Israel-based provider of automated identity verification and identity management solutions said in a Tuesday (Jan. 17) press release that Yerushalmi joins AU10TIX from cybersecurity company Checkpoint Software Technologies, where he...
PopID and Toshiba have partnered to add biometrics to point-of-sale (POS) and self-checkout systems. With the new collaboration, PopID’s biometric solution PopPay will be integrated into Toshiba Global Commerce Solutions’ Elera Commerce Platform, enabling the use of artificial intelligence (AI)-based facial recognition software that authenticates...
Facial biometrics, bolstered by other advanced ID technology, may help merchants fight fraud with fewer recognition errors. As fraud continues to rise in 2023, merchants spend billions combatting scams, hacks and in-store schemes every year. And things are expected to get worse. In a conversation...
The United Kingdom is preparing legislation to help people prove their identity online. In a draft legislation to support identity verification published this month, the government outlined its goal to improve online identity verification and enable better data sharing between public agencies — a move...
Is facial recognition growing too fast for its — and our — own good? In the wake several wrongful arrests and incorrect ID attempts, facial recognition software is facing renewed questioning. A report Saturday (Jan. 7) by Axios detailed what it called “alarming pitfalls” to...
Despite being the weakest link in cybersecurity, passwords remain the most common digital authentication method. It’s a challenge that Fast Identity Online (FIDO), a global standard used to authenticate online payments without the need for passwords, has been working to overcome since it was launched...
Identity theft and other types of fraud will become even more widespread in 2023. That’s according to the latest report released by the Identity Theft Resource Center (ITRC), which predicts that next year will see a greater proliferation of payment app scams. Incidents of ID...