Water always finds the lowest point — that’s a fact of life. So, too, is this: Underaged consumers will always try, and often find ways to, circumvent restrictions on purchases of goods that they are not supposed to buy until they reach maturity or, at...
What’s worse than a “maybe”? Warm ice cream, perhaps? Flat soda? Pat Boone singing heavy metal? (Yes, he actually released an album of heavy metal covers in 1997, with hard-edged songs from Metallica and Guns N’ Roses rendered in a jazzy style that is not...
Digital identity in the last few years has gotten a major boost — as of 2018, 60 nations worldwide have embraced some version of a digital identity scheme. But digital identity, and leveraging it properly, as Diebold Nixdorf’s Scott Anderson noted in a recent conversation with...
There's a tug of war when it comes to digital ID verification — a tug of war between the customer experience and reducing fraud. Socure Co-founder Johnny Ayers tells PYMNTS that AI-based identity risk scoring can balance those demands by improving acceptance rates, cutting down on...
Whether they’re shopping on their phones or the web, consumers want to be able to do so in a fast, easy way. So, when it comes to accessing their accounts to shop online, the way they are authenticating needs to be a footnote at best....
Consumers prefer speed, convenience and ease of use over security — even when it comes to accessing financial services online. As many as 71 percent of financial consumers reported being satisfied with an authentication method if it was easy to use, while 62 percent like...
Digital ID and authentication are always vital topics for payments and commerce — but now, given recent developments, including in social media, they have taken on new importance. Facebook, for instance, is working to maintain, or even win back, the trust of consumers who were...
In some ways, payments authentication can come across as improvisational — every institution seems to use a different method. Call centers, particularly those dealing with financial transactions, have a strong need to be sure that the person on the other end of the line is actually...
Fido Alliance has launched a certification program for biometrics systems to create a “framework for the certification of biometric subsystems that can in turn be integrated into FIDO-certified authenticators.” The not-for-profit Fido Alliance, which has a board that includes security executive reps from companies such...