Experian added Mastercard’s identity verification and fraud prevention technology to its Ascend analytics platform. The collaboration will bolster identity verification services for the more than 1,800 Experian customers using Ascend, in industries such as financial services, automotive, health and digital marketing, helping them prevent fraud...
ValidiFI’s instant bank account validation solution, vAccount, is powering a new bank account validation function that credit union service organization Velera offers its clients. This solution helps optimize the member onboarding and application processes by providing real-time bank account validation, improved efficiency, enhanced fraud protection...
The United Arab Emirates (UAE) is solidifying its position as a global leader in digital shopping, with more consumers relying on mobile devices for their retail transactions. Biometrics are gaining widespread acceptance as a way to make sure that transactions are seamless and secure. This...
As cyberthreats scale in both volume and sophistication, enterprises are being forced to reevaluate the assumptions of digital security. In the midst of this reformation, protecting one of the most overlooked but vulnerable parts of the enterprise, disconnected applications, is becoming crucial. For financial institutions,...
Persona and Yardstik have partnered to deliver a jointly integrated identity verification and background screening solution that enables organizations to verify workers’ identities. This solution brings together Persona’s verified identity platform and Yardstik’s full suite of background screening products, the companies said in a Tuesday (June 17) press release. Their...
Digital identity has always been a thorny challenge. However, in today’s world, the enigma of who is who when it comes to security-critical operations like commerce, banking and payments, has grown more complex and the challenges arguably more unimaginable. The problem is the greatest threat...
Sam Altman’s digital ID firm, World, is reportedly bringing its eye-scanning tech to the U.K. As the Financial Times (FT) reported Sunday (June 8), the goal is to let people in Great Britain access verification services the company argues are critical for distinguishing between human...
OneSpan announced Thursday (June 5) its acquisition of Nok Nok Labs, a provider of FIDO passwordless software authentication solutions. OneSpan said joining forces with Nok Nok enables the company to provide customers worldwide with a comprehensive authentication portfolio, available on-premises or in the cloud. This...
Millions of bank credentials have been exposed by the recent Coinbase hack, and they’re available on the dark web. Elsewhere, millions of neobank accounts lay dormant, and can act as havens for fraudsters. For financial institutions and merchants, the challenge lies in validating bank accounts,...