January 27, 2023
Biometrics Emerge as Consumers’ Favorite Form of Authentication
The traditional password remains the most common authentication method modern consumers use for online transactions. This, as new PYMNTS and Entersekt research in the January “Consumer Authentication Preferences for Online...
January 27, 2023
Customers Prefer Advanced Authentication Tools, but Many Are Still Stuck...
Most consumers would choose “anything” besides password-driven account authentication, but overwhelmingly still have to use them. Don’t blame them, though. Customers would if they could. The most recent PYMNTS/Entersekt collaboration,...
January 25, 2023
NY Attorney General Questions Reliability, Safeguards Around Facial Recognition
Facial recognition technology and its uses are in the spotlight in New York. New York Attorney General Letitia James is asking Madison Square Garden (MSG) Entertainment — the operator of...
January 24, 2023
Half of Consumers Want More Security Measures From Banks
PYMNTS’ latest research finds that despite a general satisfaction with existing security measures financial institutions (FIs) use, half of all adult consumers feel their banks must take additional steps to...
January 17, 2023
Retailers Prioritize Payments Choice at Checkout in 2023
For merchants, offering a broad range of payment methods must be a 2023 priority. “We’re living through a fairly tumultuous economic climate at the moment,” Paul Fletcher, head of payments at...
January 13, 2023
PopID and Toshiba Partner on Facial Recognition POS Systems
PopID and Toshiba have partnered to add biometrics to point-of-sale (POS) and self-checkout systems. With the new collaboration, PopID’s biometric solution PopPay will be integrated into Toshiba Global Commerce Solutions’...
January 13, 2023
Biometric Authentication Can Help Merchants Reduce Fraud, but It’s Not...
Facial biometrics, bolstered by other advanced ID technology, may help merchants fight fraud with fewer recognition errors. As fraud continues to rise in 2023, merchants spend billions combatting scams, hacks...
January 09, 2023
Online Retailers May Lose Half of Sales to Checkout Friction
Fifty-five percent of shoppers say checkout friction is frustrating enough for them to quit a purchase mid-process. That potential lost opportunity could represent a significant share of lost revenue for...
January 08, 2023
Report: Facial Recognition Faces Fresh Concerns, Calls for Regulation
Is facial recognition growing too fast for its — and our — own good? In the wake several wrongful arrests and incorrect ID attempts, facial recognition software is facing renewed...
