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...
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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
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. Get the Full Story Complete the form to unlock...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
It’s every subscription service’s dream: Out of 140 million Spotify users who can stream anything from U2 to Beethoven, about 60 million pay for the privilege to listen to whatever music they like on demand. With a little less than half of its base as...
