Mastercard and Microsoft Corp. have launched a refreshed identity solution designed to improve online shopping and detect digital fraud, the companies announced Monday (April 25). Delivering a frictionless shopping experience is crucial as the eCommerce sector seeks to convert window shopping and price comparison visits...
Even without the urgency of cryptocurrency-enabled Russian sanctions violations, bringing know your customer (KYC) identity verification to decentralized finance (DeFi) was always a matter of “when,” not “if.” And now the conversation is turning to “how.” Privacy-focused DeFi cryptocurrency exchanges and other projects have long...
Online gaming has experienced explosive growth buoyed in part by the global pandemic as well as by technological advances and changes in laws that introduced Twitch, eSports, casinos, and cryptocurrency to the gaming world. That dramatic growth has not gone unnoticed by digital thieves who...
While digital contact methods have grown in popularity, the telephone remains a staple of customer service contact, according to the “Consumer Authentication Experiences” report, a PYMNTS and Pindrop collaboration based on a survey of 3,797 consumers in the United States. Get the report: How to...
Yahoo debuted its Next-Gen Solutions program, an advanced contextual targeted solution to address omnichannel targeting and buying and look towards “the future of identity,” a press release says. This will address nonaddressable inventory in the Yahoo DSP, and will combine with Yahoo’s cookieless identity solution,...
You would think that decades into life lived online, we would have figured out an easier, more accurate way to authenticate someone. For brands — pick a vertical, any vertical — one of the most aspirational goals is getting as many individuals signed up to...
In Jordan’s Zaatari refugee camp, the UN’s World Food Programme (WFP) has been using blockchain-based digital ID documents since 2017, providing Syrians who can’t return to their country with regular cash payments. Using tokenized ID documents and retina-scanning technology, the camp’s residents can buy things...
The IRS won’t be going ahead with the use of a private facial recognition system to authenticate taxpayers’ identities for online accounts, responding to criticism over privacy concerns. In a statement published Monday (Feb. 7), IRS Commissioner Charles Rettig said everyone “should feel comfortable with...
COVID brought with it many changes, including the rapid, widespread digital transformation in the healthcare space, a switch characterized by telemedicine becoming the norm for everyday medical appointments. A recent survey found that 56% of hospital and health system leaders have plans to increase their...
