Five years ago, a merchant might have been able to rely on consumers being patient with a digital commerce experience that was less than perfectly smooth. The technology was still emerging and was still something of a work in progress. Today, that door is pretty...
Digital identity verification can come with privacy concerns. Using facial recognition technology and other biometric data is still controversial, but privacy concerns can also swing in the other direction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The World Bank estimates that there are approximately 1.1 billion individuals worldwide without basic ID credentials — a significant obstacle when attempting to access essential services such as healthcare or insurance — and 78 percent of them live in sub-Saharan Africa and Asia. Many governments...
Verifying the identity of a business quickly — and accurately — is critical when performing credit checks on SMBs. Yet, commonly used knowledge-based authentication (KBA) questions come with drawbacks. In this month's Digital Identity Tracker, PYMNTS talks with Caton Hanson, co-founder and chief legal officer...
As digital identities fast become a part of everyday life, the identity verification market is expected to reach $12.8 billion by 2024. Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59...
Depending on your view, it might be a public health problem, a moral panic or something in between. However, no matter what you think of the illnesses and deaths related to vaping — and the Trump Administration’s apparent willingness to ban some vaping-related products — the news...
Rampant data breaches have left consumers on edge about digital fraud. They are not only anxious that their personally identifiable information may be compromised, but also skeptical that their financial institutions (FIs) would be able to spot fraud when it happens. Get the Full Story...
The password lingers on, despite mounting data breaches and showing just how ineffective they are as a security measure. Philipp Pointner, chief product officer of Jumio, told Karen Webster in a PYMNTS interview, what needs to happen before the password finally gives up the ghost...
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