Search results for "biometrics"

June 14, 2023
EU Bans Biometrics as Part of New AI Rules

Europe is leading the world in the push to regulate artificial intelligence (AI), with the European Union (EU) taking a proactive approach to ensuring AI is developed and implemented in...


June 14, 2023
Stripe’s Gaybrick on Rethinking the Internet’s Economic Value and Managing...

Merchants and online platforms have a user interface problem. Will Gaybrick, president of Product and Business at Stripe, told Karen Webster that pain points at checkout are hampering online conversions,...


June 09, 2023
60 Years on, Banks Say it’s Time to Leave Passwords...

Companies have had to ensure the validity of customers interacting with them — while also providing a frictionless experience — since the very dawn of commerce. Entersekt CPO Pradheep Sampath...


June 08, 2023
It’s Not Enough That Businesses Win – Fraudsters Must Also...

The digital age has brought with it a new, sophisticated twist to traditional fraud threats. But while the threat of cybercrime is constantly evolving, as bad actors and cybercriminals leverage...


June 08, 2023
Security Goes Seamless as Frictionless UX Modernizes B2B Authentications

Authentication is crucial to ensuring the inner workings of today’s digital world keep moving seamlessly. That’s because authentication hiccups can hamstring an organization, resulting in lost sales and costly customer...


June 02, 2023
Delegated Authentication Helps Speed the Shift to Passwordless Future 

In a world where online commerce continues its inexorable rise, authentication and transaction processes have become more critical than ever. Delegated authentication has the potential to revolutionize the way we...


June 01, 2023
PYMNTS Intelligence: The Best Anti-Fraud Solutions for Banks and Their...

Fraud’s cost goes far beyond the actual amount stolen, with a recent study finding that every dollar lost to fraud costs FIs about $4.36 in total. Moreover, this represents only...


June 01, 2023
Banking Crisis Saps FDIC Insurance Fund

The recent banking crisis has strained the U.S. government’s deposit insurance fund. That’s according to data released by the Federal Deposit Insurance Corp. (FDIC) Wednesday (May 31) as part of...


May 26, 2023
Gen Z Consumers Give Banks Less Than a Passing Grade...

When consumers think about how secure their bank accounts are, that can trigger a powerful emotional response to what is ultimately a matter of bank-grade security. This topic is analyzed...


Digital Identity: Ditching Passwords Could Unlock A $59 Billion Biometrics Market
Ditching Passwords Could Unlock a $59 Billion Biometrics Market The findings come from this month’s Digital Identity Tracker®,” a PYMNTS and Prove collaboration, which examined how advanced verification tech is not only boosting security but also giving 58% of consumers what they want — faster and more convenient biometric authentication.
Biometric Authentication in the Age of Mobile
51% of Online Buyers Used Biometrics Instead of Passwords Biometric authentication, once just a sci-fi trope, has become so common that most consumers who shopped online used biometrics to validate their purchase. PYMNTS Intelligence’s latest study of 3,278 U.S. consumers explores why so many users like biometrics — and what it will take to win over the half who are holdouts. Read more in “Tracking the Digital Payments Takeover: Biometric Authentication in the Age of Mobile,” a collaboration with AWS.