As grocery shoppers who are used to the speed and convenience of online shopping grow frustrated with the time-intensive process of traditional checkout, businesses are finding new ways to remove friction from the payment process. Last week, Mastercard announced the addition of biometric payment options,...
U.S. Sen. Ron Wyden, D-Ore., on Wednesday (May 18) wants the Federal Trade Commission (FTC) to investigate whether identity verification services provider ID.me, which is used by federal and state agencies, made “multiple misleading statements” about its facial recognition use. Wyden wrote a letter to...
Mastercard will be adding biometric options in which in-person payments can be completed with a smile or wave of the hand, using a face or fingerprint to make checkout more streamlined, a press release said. The program will set standards for ways to pay at...
In today’s digitized world it can take mere seconds for potential employers, suppliers and business partners to look you up online and gain access to a plethora of information, data and images on past moments and events that one would rather prefer completely erased from...
Facial recognition software maker Clearview AI has settled a lawsuit from the American Civil Liberties Union (ACLU) and will limit access to its face database in the U.S. to government agencies rather than a myriad of American companies, The New York Times reported Monday (May...
eCommerce fraud is a fast-growing problem, with scammers working every day to steal customers’ data, corporate funds, and consumer goods on a daily basis. One recent study showed that more than 17% of all eCommerce transactions during the 2021 holiday shopping season were fraudulent, a...
In a team initiative to upgrade the security of the internet, Apple, Google, and Microsoft are expanding support for a passwordless sign-in standard created by the FIDO Alliance and the World Wide Web Consortium (W3C). “‘Simpler, stronger authentication’ is not just FIDO Alliance’s tagline —...
Early Warning Services has launched Verify Identity, a synthetic identity fraud detection solution for qualifying financial services organizations (FSOs), mobile network providers, corporations and government entities, the FinTech said in a news release Tuesday (May 3). The company, which is owned by seven of the...
Digital fraud has become nothing short of a scourge in the online world, with bad actors pulling out all the stops to scam companies, governments and individuals out of their money or personal data. The Federal Trade Commission (FTC) reported that consumers lost $5.8 billion...