Face and voice recognition technologies are gaining popularity in the fast-evolving world of biometrics. But even these authentication solutions need safeguards in place to ensure they aren’t fooled by passable sound-alikes, or even lookalikes. In the April Digital Identity Tracker™, PYMNTS highlights the latest developments that...
KYC for the digital age is no easy task across billions of consumers. In the latest Beyond the Buzzword, Trulioo CEO Stephen Ufford states that mobile networks can help build a level of trust that hearkens back to the days when commerce was done face...
With fraud on the rise, credit card networks have realized that customer signatures are simply not a reliable way to authenticate someone’s identity — and some of the country’s largest retailers agree. According to The New York Times, four of the largest credit card networks...
Most people believe that their personal information is for sale on the dark web — and they’re probably right. That only makes the job of authenticating consumer’s identity that much harder for relying parties. IdentityMind Chief Product Officer Jose Caldera tells PYMNTS there’s a case to be made...
Cybercrime is on the rise, and companies in several different verticals are stepping up authentication protocols in hopes of successfully thwarting fraudulent attempts. But in the rush to ward off bad actors, many are doing so at the risk of alienating legitimate customers, leading...
Two years ago, journalist Walter Isaacson wrote about the “two original sins of the internet.” One was about journalism in particular, and the idea that content should be free for users and paid for by ads. An error, he noted, for which the media industry...
No data is safe in the wake of the Equifax breach – at least not the static kind such as SSNs and drivers’ licenses. Equifax is shoring up some lines of defense by linking with Entersekt in a mobile digital ID effort. Entersekt CEO Schalk Nolte tells PYMNTS’ Karen...
Special counselor Robert Mueller recently indicted 13 Russians for using stolen identities to illegally open U.S. bank accounts and meddle in the 2016 election. Given SSNs’ history of vulnerability and compromise, they have “outlived their usefulness,” says Ross Rustici, senior director of intelligence services for...
In the digital identity space, biometrics have become all the rage. In several markets around the world, biometric solutions are gaining ground among consumers, companies and government organizations. These solutions could shift the way national security agencies in several countries operate, or force employers to...
