Search results for "biometrics"

March 28, 2024
White House Wants Chief AI Officers to Keep Federal AI...

The White House unveiled a groundbreaking policy on Thursday (March 28) that requires federal agencies to identify and mitigate the potential risks of artificial intelligence (AI), emphasizing the government’s commitment to...


March 28, 2024
Retailers Add Tech to Meet Consumer Demand for Biometric Authentication

With consumers looking for more frictionless authentication, retailers ranging from Whole Foods to Steak ’n Shake are adding biometric payments. Amazon has been looking to remove friction from its Amazon One pay-by-palm capability, most recently launching an app to...


March 28, 2024
Amazon Debuts App for Easier Palm Payment Sign-Ups

Amazon is making it easier for consumers to use its palm payment tool Amazon One. “Until today, customers had to visit a physical location to hover their palm over an Amazon One device...


March 27, 2024
RealPage and Plaid Team to Curb Rental Fraud

Real estate software/data analytics provider RealPage has debuted tools to combat rental fraud.  The new offerings, announced Wednesday (March 27), will be available with the company’s OneSite and On-Site leasing and property management...


March 27, 2024
Banks Need to Copy eCommerce’s ‘Friction-Free’ Experiences

Eric Foust, VP of Banking Partnerships, North America at Trustly, said that in the wake of the pandemic, consumers are looking toward banks to deliver the same ease of use and...


March 26, 2024
Portugal Shuts Down Worldcoin Biometric Data Collection

Portugal has reportedly put the brakes on Worldcoin’s biometric data collection efforts. As Reuters reported Tuesday (March 26), the country’s data regulator has ordered Worldcoin to halt its data collection for 90 days. The...


March 21, 2024
Fiserv: Online Authentication Is ‘Moment of Truth’ for Banks and...

Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still...


March 19, 2024
Instant Financial Debuts App for Faster Earned Wage Access

Earned wage access firm Instant Financial released a new mobile app and updated mobile wallet. “Understanding that over 50% of Americans would likely avoid major financial pitfalls if they could instantly access...


March 18, 2024
Biometrics Streamline Age-Sensitive Transactions as Privacy Concerns Persist

Biometric technologies have garnered increasing attention and adoption in recent years, transforming the authentication and digital identification landscape across various industries.  From fingerprint scans to facial recognition and iris scanning to pay-by-hand, unique biometric identifiers...


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.