SCA may be facing a longer implementation period, but change is coming, of course. Ekata’s CEO Rob Eleveld tells Karen Webster that verification needs to combine aspects of the digital and physical worlds, and dynamic PII helps stay one step ahead of the fraudsters.
You may have felt it earlier today – a sigh of relief originating from certain parts of the digital payments and commerce industry, a reaction to the news that the Financial Conduct Authority (FCA) has agreed to a phased implementation of the strong customer authentication...
Sharing economy platforms have become a force to be reckoned with. Overall, roughly 111 million consumers use some type of sharing economy platform to make their lives easier. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Digital identification continues to make immense strides in implementation and uptake in the world’s economy, but it is not without vulnerabilities. More than 4.5 billion digital records were compromised in the first half of 2018 alone — a staggering figure that could not have been...
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Knowledge-based authentication is a popular choice among merchants and FIs for convenient digital ID verification – but with data breaches becoming a regular occurrence, reliance on KBA can cost big. In this month’s Digital ID Tracker, David Temoshok, senior policy advisor at the National Institute...
At this point in 2019, we’ve all dealt with some flavor of two-factor authentication that uses SMS one-time passcodes. We attempt a sign-in and see a prompt that tells us that a six- (or nine, or four) digit PIN is being texted to us, and that...
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In the United Kingdom, Strong Customer Authentication (SCA) may have a rather bumpy road to implementation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
