Search results for "biometric"

February 14, 2023
How AI Use Cases in Payments Are Moving Beyond Fraud

As artificial intelligence (AI) gets smarter — as it’s designed to do over time and as usage increases — there are more places in the payment and connected economy ecosystems...


February 13, 2023
Users’ Habits Weaken Password Managers, Opening Door for Advanced ID...

Password managers were a good start in getting users to tighten their internet security, but ultimately, consumers’ behavioral habits may instead have set the stage for other solutions to thrive....


February 13, 2023
EU Parliament Considers Amendments To AI Act

European Parliament co-rapporteurs Brando Benifei and Dragoș Tudorache have proposed a number of amendments to the Artificial Intelligence Act in hopes of reaching a workable compromise and closing negotiations in...


February 13, 2023
UK Watchdog Looking at High-Tech Surveillance Regulation

Monitoring of high-tech surveillance systems is not keeping up with technology, the BSCC has told BBC News. Biometrics and Surveillance Camera Commissioner Prof Fraser Sampson, during the publication of his...


February 10, 2023
Carrefour Rolls Out Facial Biometric Payment in UAE

Carrefour has enabled facial recognition as a means of verifying payments in the UAE. The retailer, which is operated as a franchise by Majid Al Futtaim in the United Arab...


February 10, 2023
Advanced Identity Tools Speed Crypto Account Access and Build Revenue

Streamlined digital account opening is a must-have for all financial institutions (FIs). A critical step in that process is the login experience, for which customers increasingly require speed and security....


February 08, 2023
Millennials Want More Banking Security, Boomers Don’t See the Problem

Personal information is, well, personal and consumers want their financial institutions to protect it better. That’s according to the latest research in PYMNTS’ January 2023 report, “Consumer Authentication Preferences For...


February 07, 2023
Banks Challenged to Strengthen User Authentication as Malware Threat Intensifies

The latest generation of malware can automatically cancel biometric security measures. In research seen by PYMNTS, Dutch cybersecurity firm ThreatFabric details how an Android banking Trojan dubbed “SharkBot” can take over...


February 02, 2023
Unbanked and Mastercard Partner on Crypto Card Issuance in Europe

Unbanked and Mastercard have partnered to accelerate decentralized finance (DeFi) card issuance in Europe. Through this partnership, the two companies will use their existing footprint in the United Kingdom and...


Digital Fraud
Secure Payments in the Metaverse Will Lean on Banking Experience, Technology The metaverse and Web 3.0 hold great potential for merchants and consumers, but security measures need to be updated constantly. In the “Digital Fraud Tracker®,a PYMNTS and DataVisor collaboration, BNY Mellon’s Carl Slabicki tells PYMNTS how businesses can keep both merchants and consumers safe while moving to the metaverse.