Digital Identity

Your phone can already hold your credit cards, your boarding pass and your insurance card. In a growing number of states, it can hold your driver’s license, too. Now, state ...

TransUnion has introduced new solutions designed to help organizations combat synthetic identity fraud and credit washing. The company says its Credit Washing and Synthetic Fraud Scores, announced Tuesday (Oct. 20), are the first-ever “adverse-actionable” ...

The United Kingdom’s Financial Conduct Authority plans to develop a framework for agentic finance that encompasses agent identity, delegated authority, accountability and execution, Jessica Rusu, chief data, information and intelligence ...

Federal financial regulators have clarified that banks and credit unions can use government-issued digital credentials to verify customers’ identities, potentially streamlining account onboarding. But according to an analysis by Anderson ...

Watch more: What’s Next In Payments | Paymentology | Tim Joslyn Payments infrastructure has become an expert at answering questions centered on human behavior. Is this really the cardholder? Is this ...

Watch more: Building a Trusted Foundation for Agentic AI Companies have spent the past several years making it possible for employees to safely use artificial intelligence to retrieve information, summarize documents ...

Watch more: The Agentic Experience With Mastercard’s Pablo Fourez Consumers won’t hand artificial intelligence agents unrestricted purchasing authority on day one, but repeated successful transactions could expand what they’re willing to ...

Revolut’s CEO for Western Europe, Béatrice Cossa-Dumurgier, said the company will pay the cost of new identity documents for customers impacted by the data breach Revolut disclosed in September, Reuters ...

Agentic commerce is creating a new transaction type before the payments industry has fully created the rules for accepting it. While payment stacks have become fine-tuned for transaction authorization, agentic ...

Watch more: The Digital Shift With Visa’s Pavan HS Artificial intelligence shopping agents are creating a new kind of customer at the merchant’s front door: software that may know what a ...

A law passed in 1968 is apparently driving a new surge in privacy violation settlements. That’s according to new research published Monday (Oct. 5) by privacy platform Privado AI, showing that American companies are ...

Artificial intelligence agents add information to a card payment that merchants, issuers and networks don’t routinely exchange today: what the consumer authorized the agent to do and whether the transaction ...

Watch more: What’s Next in Payments With Synchrony’s Mike Storiale Artificial intelligence can already recommend the running shoes. The payments industry still must figure out how to let it buy them. While ...

The first rule of online payments is to prove that the person trying to pay is allowed to do so. Artificial intelligence is forcing banks and payments networks to add ...

Watch more: What’s Next in Payments With Chris Trainor of Paymentus Giving an artificial intelligence agent a wallet is easy to understand. Giving it permission to use that wallet safely is ...

A pair of laws governing artificial intelligence and data privacy will take effect in Connecticut Thursday (Oct. 1), introducing a new compliance regime for businesses operating in the state. The Connecticut Artificial ...

The 43% of scam victims who pay fraudsters within an hour present banks with an obvious problem. There may be almost no time to stop the transaction. The 18% who take ...

A group of six banks is calling for artificial intelligence shopping transactions to carry an auditable record of what a customer asked an agent to do, what authority the customer ...

Plaid and digital identity wallet ID.me launched a benefits payments partnership, according to a Thursday (Sept. 17) news release. The collaboration is designed to combine ID.me’s wallet with Plaid’s financial account ...

Card theft and account breaches remain major threats, but some of today’s fastest-growing fraud schemes begin earlier by targeting identity itself. Criminals increasingly use artificial intelligence to build false identities ...

An email-based scam has reportedly led to the leak of Revolut customer data. The British FinTech says sensitive information from a “limited number” of customers was exposed in a scam in ...

Healthcare organizations are accelerating their use of artificial intelligence while struggling to reconcile a widening assortment of privacy, security and AI governance requirements across jurisdictions. Participants in a Tuesday (Sept. 8) ...

State efforts to regulate algorithmic pricing are accelerating, replacing a handful of isolated restrictions with an increasingly complex patchwork of antitrust, consumer protection and data privacy rules. California, Connecticut, Maryland and ...

There’s a potentially massive driver’s license breach now under FBI investigation. The most consequential impact of the breach isn’t simply its size. It’s what may have been stolen. Criminals are claiming ...

Faster payments leave businesses with less time to discover whether the account at the other end belongs to the wrong person, contains bad information or may be connected to fraud. That ...

Identity and risk intelligence infrastructure provider Socure is now a $5.2 billion company. The firm reached that valuation Thursday (Aug. 27) following a new $156 million round of funding led by ...

Payments modernization budgets are lining up behind identity, reconciliation and automation, providing a clearer picture of what businesses intend to build next. PYMNTS Intelligence data, in collaboration with Plaid, shows 65% ...

Watch more: Need to Know With Thales’ Caio Reis Banks are rebuilding payments systems for transactions that may soon be initiated by software rather than people. That prospect changes what issuers ...

Checkr has expanded its verification platform by acquiring Truv, a provider of consumer-permissioned income, employment and asset verification, Checkr said in a Tuesday (Aug. 18) press release emailed to PYMNTS. The ...

Sports commerce has always clustered around the calendar, spiking for a tournament, a championship run or a merchandise drop. Between those peaks, the commercial relationship between a team and its ...

Federal and state regulators are expanding their scrutiny of digital business practices by treating privacy violations and deceptive consumer practices as part of the same enforcement framework. The trend that ...

Okta plans to add identity threat detection and response capabilities to its identity management platform by acquiring Permiso Security. The acquisition will add Permiso’s identity risk signals, behavioral analytics and threat ...

Watch more: Need to Know With Plaid’s Shaffer Bond Fraud has traditionally been treated as a problem to investigate after money has moved. That approach is becoming harder to sustain as ...

PayPal’s turnaround hinges on a digital rebuild that includes stabilizing the checkout button consumers know today while preparing for a commerce environment in which artificial intelligence agents, digital identity and ...

World Foundation raised $52.5 million in new funding to bring World ID technology to organizations, consumers and artificial intelligence (AI) agents. The organization raised the new funding by selling to strategic investors WLD tokens that ...

For the past 25 years, card-not-present payments have been built around a defensive premise: Prove the buyer is human, authorized and in control of the transaction. Fraud systems, merchant controls ...

Dead people don’t spend much, but the federal government nearly sent them tens of millions of dollars anyway. The U.S. Treasury Department said Tuesday (July 21) that its government-wide verification process ...

Google is letting users sign into their accounts by taking videos of themselves. “Selfie video is a new way to get into your account, giving you more options if you’re ever locked ...

England’s new prime minister has reportedly cancelled his predecessor’s plans for a national digital ID. Andy Burnham confirmed for Techcrunch Tuesday (July 21) that the government would scrap the widely-criticized proposal ...

Given free rein, AI agents can research products, compare prices and fill out forms. They’re thwarted the moment a task requires a login. Until now, the only options have been ...

Watch more: Summer School | IXOPAY | Jill Willard As artificial intelligence agents begin making purchases on behalf of consumers and businesses, payments infrastructure is being asked to solve a problem ...

Google has formed a digital identity partnership with Polish ID-verification startup Authologic. “Google Wallet already lets users store verified identity credentials issued by governments, banks, or Google itself on their phones,” ...

Watch more: The Digital Shift With Entersekt’s Dewald Nolte Firms get what they measure, and for years, payment security technology has been measured by how much fraud it stops. Untold billions of ...

A business deploys an artificial intelligence agent to manage procurement. The agent queries suppliers, compares prices, issues purchase orders, and routes payments. The supplier on the other end has no ...

Watch more: What’s Next in Payments With Entersekt’s Richard Bailey Banks have spent much of the past two years asking whether artificial intelligence should be viewed as an enhancement or a ...