Most Recent
WilsonHCG On Leveraging Video, Digital ID Tools To Ease Remote Hiring
Friday 15th January - 8:00 amHiring and vetting job applicants remotely has become par for the course, but not all companies know how to verify job applicants’ identities digitally, says Alicia O’Brien, vice president of ...
Video, Facial ID Become Tools To Vet And On Board Remote Workforce
Thursday 14th January - 4:01 amEmployers reflecting on 2020 will largely remember it as the year of the remote shift. A survey of 1,200 companies across numerous industries found that nearly 49 percent of firms said ...
Equifax Invests In Fraud Prevention And ID Verification With $640M Kount Deal
Monday 11th January - 4:01 pmThe great digital shift – and the rising tide of eCommerce – has placed greater pressure on companies to verify their customers and guard against account takeovers. To that end, late ...
Jumio Sees Vaccine Passports Intersecting With Digital ID
Thursday 7th January - 4:02 amFor the travel industry, there is light at the end of the tunnel. Vaccines against COVID-19 are (slowly) being rolled out. And while it will take a while to return to ...
Facial ID Emerges As Effective Fraud Defense
Tuesday 5th January - 4:02 amWith digital use soaring during the pandemic and fraud on the rise, new research shows the best weapon in the war against unwanted transactions might be as simple as taking ...
Tracking The Trends That Shaped 2020’s The Digital-First Economy
Friday 1st January - 4:02 amThis year, the PYMNTS data and analytics team published 252 reports that tracked the data, innovations and disruptive thinking that are reshaping the payments and commerce business. The Trackers use ...
Deep Dive: Why ML Plays A Key Role In Debit Issuers' Fraud-Fighting Strategies
Thursday 31st December - 7:45 amDebit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms ...
Avidia Bank On The Digital Approach To Meeting Customers', Businesses' Needs
Tuesday 29th December - 8:30 amBanks are fast-tracking digital-first banking solutions, but customers used to walking into a branch struggle to adapt, says CarrieAnne Cormier, senior vice president of retail operations and strategy for Avidia ...
Facebook To Add Two-Factor Authentication To Some Accounts
Tuesday 22nd December - 10:21 pmFacebook will increase its security offerings, especially for high-profile users, the social media giant announced Tuesday (Dec. 22). The company will support the use of security keys on mobile devices so ...
Deep Dive: Why Merchants Must Rethink Their Promotion Abuse Protections During The Pandemic
Monday 21st December - 7:45 amFraud instances have risen dramatically since the pandemic began, placing financial strains on consumers and merchants alike. One recent report that surveyed consumers from the U.K., U.S. and five other ...
Kount, FreedomPay Join Forces To Offer Payments Platform, Fraud Prevention Package
Thursday 17th December - 12:28 pmFraud protection specialist Kount and Philadelphia-based payments platform FreedomPay are teaming up to offer “an integrated, complete solution to enable international expansion with fraud-free payments and frictionless customer” experiences. In a press release, the companies ...
IBM Payments On The Future Of Virtual Cards
Thursday 17th December - 9:30 amVirtual cards can reduce fraud for businesses transacting online by keeping sensitive payment details safer from cybercriminals, says Mike Cook, senior partner at IBM Payments Center. In The CFO’s Guide ...
Jumio: New Account Fraud Based On ID Verification Dropped 23.2 Percent
Tuesday 15th December - 9:01 amNew Jumio data indicates that new account fraud based on identity verification fell 23.2 percent globally in 2020 in contrast to 2019, according to an announcement from the identity verification ...
Return To Sender: Bad Address Data Costs U.S. Businesses Billions
Tuesday 15th December - 4:01 amElvis Presley’s 1960s hit “Return to Sender” might have been about a lover’s spat, but in real life, the impact of “no such person, no such zone” is a serious problem. ...
Crypto, Kleptos And The Digital Identity Showdown
Friday 11th December - 10:30 amAs goes banking, so goes fraud. It has ever been thus. Money laundering and terrorist financing also go on the list these days, perhaps like never before. PYMNTS December 2020 ...