Facial biometrics, bolstered by other advanced ID technology, may help merchants fight fraud with fewer recognition errors. As fraud continues to rise in 2023, merchants spend billions combatting scams, hacks and in-store schemes every year. And things are expected to get worse. In a conversation...
The United Kingdom is preparing legislation to help people prove their identity online. In a draft legislation to support identity verification published this month, the government outlined its goal to improve online identity verification and enable better data sharing between public agencies — a move...
Despite being the weakest link in cybersecurity, passwords remain the most common digital authentication method. It’s a challenge that Fast Identity Online (FIDO), a global standard used to authenticate online payments without the need for passwords, has been working to overcome since it was launched...
Mobile devices, biometrics and identity tokenization are helping to make passwordless identity authentication a reality, Rodger Desai, chief executive officer of Prove Identity, told PYMNTS’ Karen Webster. The payoffs are huge for consumers, Desai pointed out, since they won’t have to wrack their brains to...
A new gray check that was deployed by Twitter to designate users’ accounts that had been verified as authentic by the social media platform was quickly eliminated Wednesday (Nov. 9). “I just killed it,” Elon Musk said in reply to a tweet in which a...
Network International has announced it is launching a new 3-D Secure 2 (3DS2) authentication solution in collaboration with Mastercard. With the collaboration, 3DS2 authentication using Mastercard’s Smart Interface will now be made available for merchants in the UAE “and beyond” using the N-Genius™ Online payment...
PayPal has announced plans to replace passwords with passkeys, adding a new level of security while catering to a growing cohort of consumers who want password-free commerce. “Passkeys are a new industry standard created by the FIDO Alliance and the World Wide Web Consortium that...
3DS 1, 3DS 2.1, 3DS 2.2. These acronyms should be crowding merchants’ minds as fines loom this fall for those who are not in compliance with the latest version of the 3D Secure protocol for authenticating eCommerce card transactions. But the state of readiness for...
Next-generation facial biometric technology has the ability to speed up verification, detecting a real person in seconds. Global digital identity verification and authentication provider Onfido introduced a new solution for its recently-released Real Identity Platform to deliver seamless, secure, and inclusive customer verification, according to...
