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. Get the Full Story Complete the form to unlock this article and...
Back in 1999, payment networks introduced the first version of the 3-D Secure authentication protocol, which sought to add security to online credit card transactions. 3DS 1.0, as it is now known, required cardholders to authenticate their identity before completing a purchase. Get the Full...
ACH operator Nacha has teamed with ValidiFI to bolster bank account validation on its Phixius payments platform. 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...
Bank account and payment intelligence firm ValidiFI has begun offering new authoritative bank account verification capabilities. 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...
Trustly will begin piloting a biometric solution in Finland this month and then roll it out across other European markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The convergence of ACH, open banking and account validation has the potential to make transactions more secure — and faster — as instant payments gain ground in the U.S. The consumer-permissioned data from those payments, in turn, gives banks the insights they need for better...
As enterprises and treasurers integrate with banks to digitize anti-money laundering and know your customer processes, the onboarding process might typically be thought of as the initial moments of interaction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Fraud against banks and their customers is on the rise, according to a February 2025 report from PYMNTS Intelligence and Arculus from CompoSecure, with 87% of institutions reporting increases in stolen or falsified credentials over the past year. Get the Full Story Complete the form to...
While digital identity crimes are an ever-present threat, fake physical IDs have never gone away. 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,...
