Digital Identity

Digital Identity
How Solving for Digital ID Acceptance Could Transform Digital Payments
February 27, 2024

In today’s increasingly digital world, it has gotten to the point where the physical wallet’s main purpose is becoming just to carry physical ID cards. But, as the rest of the world goes digital, why haven’t IDs followed? The answer lies in a mix of...

Digital Identity
Virtual Student IDs Enhance Connected Campus Experience With Added Security, Convenience
January 08, 2024

The pandemic’s push towards online learning not only accelerated the integration of online payment platforms and cashless transactions in higher education but also catalyzed the broader transformation of the connected campus.  This shift has prompted colleges and universities to invest significantly in automation and advanced mobile systems,...

Digital Identity
Intellicheck Debuts Updates for Digital Identity Verification Tools
January 04, 2024

Identity verification company Intellicheck has rolled out enhancements for digital users of its identity platform. “Clients integrating the new Capture process can be up and running with no more than two simple web hooks,” the company said in a Thursday (Jan. 4) news release. “The new digital authentication experience...

Digital Identity
Visa and Tech5 Partner to Promote Digital ID-Based Payments
December 21, 2023

Visa has teamed with biometrics firm TECH5 to help build “digital government ecosystems on a global scale.” The partnership will involve the two companies working to “implement digital ID-based payment infrastructure and services on a national level,” Visa CEMEA Head of Commercial and Money Movement Solutions Shahebaz Khan said in a...

Digital Identity
Confirm Launches Portable Identity Solution for Use in Peer-to-Peer Marketplaces
December 13, 2023

Confirm launched a portable identity solution designed for use in online peer-to-peer marketplaces. The solution allows people to create a secure, verified digital ID called a ConfirmID that they can use to prove their identity online without sharing too much personal information, the company said...

Digital Identity
Digital Identity Becomes New Currency as Companies Turn IDs into Payments Credentials
November 13, 2023

As the payments ecosystem continues to evolve, it is missing just one key element. That element? A single source of truth in the form of a dynamic digital identity that can navigate multiple commerce contexts and support real-time interoperability. This, as the European Union (EU)...

Digital Identity
When It Comes to Proving Their Identity, 40% of Consumers Say Make It Easy
July 19, 2023

As fraudsters grow more sophisticated, so too must the fraud defenses of eCommerce sites and other operators who sail the shark-infested waters of digital commerce. We explore aspects of the fraud fight in “Combating Online Fraud With Digital Identification,” a PYMNTS and Prove collaboration, and part...

Digital Identity
Open Banking Can Help Banks Beat Fraudsters, GIACT Says
July 19, 2023

Caitlin Sinclair, director of proposition development, financial crime at GIACT, an LSEG business, recently told PYMNTS that open banking can — and will — give rise to empowered consumers, and take the tedium out of online commerce. We’ve gone from an environment where one carried physical...

Digital Identity
NatWest Group and OneID Launch Embedded Digital ID Service
March 20, 2023

NatWest Group and OneID have partnered to launch a new digital ID service for businesses. The collaboration between the British banking and insurance company and the identity service provider has enabled NatWest Group to make its new Customer Attribute Sharing service available as an embedded...