Digital identity solutions are becoming more and more commonplace, especially as consumers grow increasingly aware of the weaknesses of authentication methods like passwords. A recent study found 32 percent of security incidents in 2019 involved phishing and 29 percent involved stolen credentials, both of which...
Tech companies want to get ahead of the law when it comes to facial recognition, seeking to restrict its use but also making sure the most severe regulations don’t come to pass, according to The Wall Street Journal. Get the Full Story Complete the form to...
Samsung has activated two-factor authentication after a data leak showed strangers’ private information, according to reports. 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...
Microsoft and IBM have teamed up with the Vatican to call for ethical and responsible use and regulation of artificial intelligence (AI) and facial recognition technology, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
To advance the digital economy, smooth commerce and boost financial inclusion, billions of individuals across the globe need digital IDs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Technology tends come with much advanced promotion — for the good reason that the more novel an idea, the more time needs to be spent building excitement for something that is, at base, unknown. Yet, of course, once excitement has been built, the challenge is matching...
The United Nations wants every individual digitally verified by 2030, in a bid to promote financial inclusion and reduce fraud. Trulioo Chief Operating Officer Zac Cohen tells Karen Webster the devil is in the details, since not every person can produce the same proof of...
Social media platforms are infested with phonies, and not just your best friend’s irritating co-worker (although he totally is). This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social...
Social media has become an integral part of everyday life, with a recent study finding that there were approximately 2.77 billion social media users around the world as of 2019. This number is projected to grow to more than 3 billion by the end of...
