Search results for "biometrics"

March 09, 2023
Synctera Brings BaaS North With Bank of Canada’s Help

Synctera is bringing its Banking-as-a-Service (BaaS) platform to Canada. The FinTech announced Thursday (March 9) it had formed a partnership with the National Bank of Canada to make the project...


March 09, 2023
Instant Checkout Satisfies Consumer Demand for Digital-First, Omnichannel Commerce

Though it’s still a work in progress, instant checkout’s appeal is undeniable. Emily Foshee, vice president of core products at Discover® Global Network, said unattended checkout is gaining steam in...


March 07, 2023
25% of Bankers Say Banking-as-a-Service Tech Will Boost Revenue

Businesses that neglect digital experiences risk losing business and falling behind their more innovative peers. This, as digital banking has quickly become a default means of financial interaction. PYMNTS research...


March 07, 2023
Payments Become Standard Feature in Cars as OEMs Embrace Commerce

The connected economy — and specifically, connected commerce — is just getting revved up. And we mean that literally. A spate of recent partnerships and funding rounds detail the potential...


March 07, 2023
Retail Bank Customers Trust Security They Can See

Once upon a time, or at least a few decades back, consumers didn’t have much say in their financial institutions’ fraud-fighting innovations. With only a few retail banks to choose...


March 01, 2023
AI Fraud Detection Efforts Fall Short Without Proper Data and...

It’s become impossible to ignore the recent boom in artificial intelligence interest, and while AI is not new to the payments space, its utility is advancing rapidly. Interviewed for the...


February 28, 2023
Unpacking the Ying and Yang of Modern Fraud Tools

As attractive as new technology and digital tools appear, they also have a darker side. “There’s a bit of Ying and Yang,” Gerhard Oosthuizen, chief technology officer of Entersekt, a...


February 27, 2023
PYMNTS Intelligence: CUs Can Do More to Address Members’ Fraud...

As more consumers turn to digital solutions to handle their financial needs, the risk of fraud is increasing — a dynamic of which digital banking users are well aware. According...


February 27, 2023
Failure to Localize Payments Could Cost Online Merchants 60% of...

Businesses worldwide are facing significant headwinds in 2023, with inflation still a global concern and rising interest rates leading to fears of recession. Many companies hope to compensate for these...


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.