As fraud prevention experts work to thwart shadowy foes, the identity data that is central to detecting and stopping theft has other uses that are emerging alongside new fraud-fighting tools. Speaking with PYMNTS for our “Executive Insights Series – The Next Three Years,” Jared Kernodle,...
A new gray check that was deployed by Twitter to designate users’ accounts that had been verified as authentic by the social media platform was quickly eliminated Wednesday (Nov. 9). “I just killed it,” Elon Musk said in reply to a tweet in which a...
Fraud has multiple knock-on effects beyond the initial monetary loss, both for businesses and their customers. A recent study identified the potential for fraud incidents to negatively impact both the customer experience and customers’ views of a company. Companies also lose in terms of resources spent...
An interview with Lenny Gusel, former head of cybersecurity solutions at J.P. Morgan and fraud strategy executive at Bank of America, about the implications and effective implementation of advanced payments authentication — Cross-platform ubiquity Plans to implement passkey sign-in across platforms by Google, Microsoft and...
Network International has announced it is launching a new 3-D Secure 2 (3DS2) authentication solution in collaboration with Mastercard. With the collaboration, 3DS2 authentication using Mastercard’s Smart Interface will now be made available for merchants in the UAE “and beyond” using the N-Genius™ Online payment...
Consumers prefer a user experience that is both convenient and secure, even though 68% said they would choose security over convenience. A consistent authentication experience across multiple platforms also creates trust. As businesses look to create more secure and convenient authentication experiences, advanced identity authentication...
A quick glance at any online discussion board reveals the challenges confronting digital identity, and why we’re so wedded to the plastic driver’s licenses in our wallets. “People say, ‘I don’t like Big Tech getting involved in this at all,’” Tom Donovan, principal solution consultant at...
Along with the pressure to speed up digital transformation at the onset of the pandemic, businesses around the world soon realized that the acceleration would need to be accompanied by security-reinforced identity verification and user authentication to fight growing online fraud, while offering users a...
Digital identity company Prove has launched Prove Auth, a passwordless login and omnichannel authentication tool. According to a Monday (Oct. 24) news release, Prove Auth lets companies reduce their reliance on passwords and one-time passcodes, letting customers authenticate across phones, desktops, and call centers. “Multi-factor...