Authentication

Authentication
FIs Use Digital Identity to Curb Money Laundering and Comply With Gov’t Rules
March 23, 2022

Digital identities are becoming more prevalent as awareness of their security and convenience grows, and they are expanding into new use cases like anti-money laundering (AML). This crime has ballooned in recent years as eCommerce and other digital transactions have become more popular, offering launderers...

Digital Onboarding
As Banks Go Digital, Onboarding Can Still Feel Analog
March 21, 2022

The pandemic changed the way we do banking for good. It’s not just about the shift to a more digital form of banking. The pandemic also made things more competitive as an array of FinTechs and online platforms arrived to offer customers increasingly innovative financial...

Digital Identity
Biometrics for ID Called More Useful by 58% of Digital Account Holders
March 18, 2022

Online gaming has experienced explosive growth buoyed in part by the global pandemic as well as by technological advances and changes in laws that introduced Twitch, eSports, casinos, and cryptocurrency to the gaming world. That dramatic growth has not gone unnoticed by digital thieves who...

Biometrics
Biometric Credit Card Creator SmartMetric Looks for Share of $8.4T US Credit Card Market
March 16, 2022

SmartMetric, a U.S. company working on biometric credit cards, reported the value of commercial cards issued in the U.S. hit $8.46 trillion in 2021, a 25.1% increase, a press release said. SmartMetric’s services allow the cardholder to touch a sensor on the card’s surface, and...

Authentication
PYMNTS Intelligence: How Biometrics, 2FA Can Help Game Developers Win The Digital Identity Game
March 15, 2022

The digital gaming industry was valued at $300 billion globally last April, with more than 500 million new players logging on over three years. Game publishers and developers now realize that they have key opportunities to capture the lasting loyalty of millions of new customers....

Authentication
Merchants Risk Losing Customers as New UK SCA Rules Kick Off 
March 14, 2022

On Monday, March 14, new strong customer authentication (SCA) rules will apply in the U.K. and merchants that didn’t implement these new rules risk customer purchases being declined.   SCA is a new set of rules that the Financial Conduct Authority adopted in 2019 to...

Authentication
Unity On Why Robust Digital Identity Verification Is Crucial To Digital Gaming’s Continued Expansion
March 14, 2022

A satisfying videogaming experience hinges on simple, seamless gameplay, meaning even one clunky microtransaction can prompt consumers to abandon a platform. In the Digital Identity Tracker, Unity's’ Felix Thé explains how using biometrics to enable smoother identification and payment tools such as digital wallets can...

Authentication
Gaming Platforms Tap Biometrics to Drive Smooth, Secure Microtransactions
March 11, 2022

The online gaming industry has experienced rapid growth following increased indoor activities for many consumers during the global health crisis, with growth expected to continue during the next few years. One recent study found 400 million more consumers are expected to try their hand at...

Digital Identity
Tesco Bank, Onfido Team up on ID Verification
March 10, 2022

Tesco Bank has launched a partnership with identity verification firm Onfido to provide security for new customers using the Tesco Clubcard Pay+ program, the bank announced in a news release Thursday (March 10). The U.K. company says the partnership will ensure people who apply for...