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...
There may be extensions to Strong Customer Authentication's (SCA) rollout this fall — and there may not. And, there may be exemptions granted by the EBA — and there may not. Ekata CEO Rob Eleveld tells Karen Webster why exemptions and extensions point to a...
The fundamental unit of trust in any transaction lies in identity — namely, ensuring that the person who shows up to transact is who they say they are. It’s also the most highly regulated part of any financial transaction. Get the Full Story Complete the...
A mobile-first mindset (and government scrutiny) is prevalent in China when it comes to identity verification. Trulioo General Manager Zac Cohen tells Karen Webster that the model may not work everywhere, but says establishing the “trust” factor is crucial for cross-border transactions and an embrace of...
